How is the value for a totaled car determined?

Answer After an insurance company deems a car a "total loss," it then sets out to determine the value of the car by calculating a number of different factors.ACVFirst, the insurance company must determine... Read More »

Top Q&A For: How is the value for a totaled car determined

How is a totaled car insurance value calculated?

When you are in a car accident, the damage to your vehicle is evaluated and compared to the overall value of your vehicle. If the cost to repair that damage is higher than the vehicle's value, your... Read More »

How does insurance value totaled cars?

Insurance companies value totaled cars based on the fair market value of the vehicle before an accident. In addition to this data, the insurance adjuster might revise the value based on local marke... Read More »

How is the value of gold determined?

Gold is a commodity sold in the marketplace at a price agreed upon by willing buyers (demanding) and willing sellers (supplying).Portfolio DemandConsider demand first: gold is widely regarded as a ... Read More »

How is the value of my car donation determined?

You can determine the fair market value of your car donation by examining a variety of factors including the car's condition and features and your location. After determining its value based on a v... Read More »