answersLogoWhite

0


Best Answer

Insurers use the "Blue Book" value, and factor in mileage and any previous damage, etc. Just as if it were a "trade in".

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does insurance decide how much your car is worth if totaled?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What makes a motorcycled totaled?

When a vehicle covered by insurance gets wrecked, the insurance company looks at how much it will cost to repair. If repairing the bike costs more than it is worth, then the insurance company declares it totaled and pays for a replacement.


How much will you have to pay to get your car back if it was totaled and the insurance company refuses to pay?

The insurance company will pay you the worth of your car minus your deductible.


How do you determine if vehicle is totaled when burned?

A vehicle is totaled if it cost too much to repair it. Usually, insurance companies determine whether or not a vehicle is totaled.


How much should the payout be for my totaled car?

That depends on what the car is and how much the insurance values it at.


How much doesit cost to buy your totaled bike back from insurance?

be quiet


How much is a 1992 buick regal worth if totaled?

check: KBB.com, NADA.com,


How much is your car worth if it is totaled 2004 Chevy cavaliar with 156000 miles?

That depends on how much damage has been done to the car.


How much does it cost to buy your totaled car from the insurance?

You bid on it just like the salvage yards. High bidder wins the car.


How much is a 1987 Ford Thunderbird worth if totaled out?

Scrap value for a complete vehicle in CT goes for $300.


Comprehensive Life Insurance Analysis?

Comprehensive Life Insurance Analysis How much life insurance do you need? This comprehensive life insurance calculator includes detailed net worth analysis, budgeting and college savings to help you decide how much life insurance you might need. You can also adjust the inflation rate and your expected rate of return to see how these variables can impact your insurance needs.


How much money do i get if your car is totaled?

There isn't a set rate on this. The insurance company will first examine to see if the accident in which your vehicle was totaled was done in a manner which voided your policy. Then, the analysis will be made based on the vehicle's value, and the extent of your policy.


Car totaled in wreak you were not at fault how much will you get for your car?

If it cannot be repaired or not worth it to do so, the insurance company will pay the value of the car and depending on the current market value of the vehicle. If you owe money on the car the lender will be paid off first and you may get the remainder.