Comments on: How do insurance companies get the value of a totaled car? http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car Wed, 11 Jan 2012 23:01:46 -0500 http://wordpress.org/?v=2.8.2 hourly 1 By: Butch*679 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4461 Butch*679 Sat, 12 Dec 2009 12:20:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4461 Good Day! Thank you for viewing my blog! My name is Alcris Jurolan Vicariato, I'm a real estate accredited sales marketing. Brokerage agent., Languages Spoken are English, ( Filipino, Cebuano) and Chavacano'. Am friendly,flexible,gene... when able, Comedy, energetic normally and loves to keep a positive outlook, Specially God Fearing... If you are looking for a property or if you like to sell or lease your's please don't hesitate to contact me. Alcris Vicariato Mobile: +639279651100 www.pinoyproperty.blog... Email: propertyland@live.com.... "I will fight the good fight, I will finish the race and I will keep the FAITH,"<br><b>References : </b><br> Good Day! Thank you for viewing my blog! My name is Alcris Jurolan Vicariato, I’m a real estate accredited sales marketing. Brokerage agent., Languages Spoken are English, ( Filipino, Cebuano) and Chavacano’. Am friendly,flexible,gene… when able, Comedy, energetic normally and loves to keep a positive outlook, Specially God Fearing… If you are looking for a property or if you like to sell or lease your’s please don’t hesitate to contact me.

Alcris Vicariato
Mobile: +639279651100
http://www.pinoyproperty.blog...
Email: propertyland@live.com….

"I will fight the good fight, I will finish the race and I will keep the FAITH,"
References :

]]> By: tom http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4460 tom Sat, 12 Dec 2009 11:40:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4460 Claims adjustors from your car insurance company use a combination of dealer surveys, value guide books, online pricing sites and actual private party sales to determine your car's actual cash value (ACV). They also factor in things like sales tax, registration and title costs of a replacement vehicle to determine this amount. Proprietary as they are, these determinants can vary from company to company and state to state. Ultimately, then, what one company comes up with may not match what another may find, or even what you'll come up with on your own, using consumer Web sites like Edmunds.com. A bit of advice, then: don't just take their word for your car's ACV. Involve yourself in the evaluation process. Do some research on your own, because the higher your car's ACV, the bigger your check is going to be if they determine it's been totaled. A valuable tool for establishing the worth of your car is Edmunds' True Market Value Appraiser. The appraiser will adjust to price based on condition level, region, mileage and options. In some instances, such as if you have a particularly rare trim level, color combination or special edition of a vehicle, you may know without a doubt that your car is worth more than what the insurance company tells you. Don't be afraid to present your case and ask them to make an adjustment — if your argument is sound, companies will probably listen to you. In fact, your insurer is required by law to give you a fair price, and they won't want to fight you in court if it looks like you could win. But you may have to do the extra legwork of finding an independent appraiser and/or compiling research on your specific car to bolster your case.<br><b>References : </b><br>http://www.edmunds.com/advice/insurance/articles/43771/article.html Claims adjustors from your car insurance company use a combination of dealer surveys, value guide books, online pricing sites and actual private party sales to determine your car’s actual cash value (ACV). They also factor in things like sales tax, registration and title costs of a replacement vehicle to determine this amount. Proprietary as they are, these determinants can vary from company to company and state to state. Ultimately, then, what one company comes up with may not match what another may find, or even what you’ll come up with on your own, using consumer Web sites like Edmunds.com.

A bit of advice, then: don’t just take their word for your car’s ACV. Involve yourself in the evaluation process. Do some research on your own, because the higher your car’s ACV, the bigger your check is going to be if they determine it’s been totaled. A valuable tool for establishing the worth of your car is Edmunds’ True Market Value Appraiser. The appraiser will adjust to price based on condition level, region, mileage and options. In some instances, such as if you have a particularly rare trim level, color combination or special edition of a vehicle, you may know without a doubt that your car is worth more than what the insurance company tells you. Don’t be afraid to present your case and ask them to make an adjustment — if your argument is sound, companies will probably listen to you. In fact, your insurer is required by law to give you a fair price, and they won’t want to fight you in court if it looks like you could win. But you may have to do the extra legwork of finding an independent appraiser and/or compiling research on your specific car to bolster your case.
References :
http://www.edmunds.com/advice/insurance/articles/43771/article.html

]]> By: Dusty C http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4459 Dusty C Sat, 12 Dec 2009 11:22:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4459 When it comes time for renewal auto insurance is a fast and easy way to save your money. You can get a fast estimate online they often give you lots of quotes. I know people who have used and recommend http://www.InsureAutoNow.info<br><b>References : </b><br> When it comes time for renewal auto insurance is a fast and easy way to save your money. You can get a fast estimate online they often give you lots of quotes.

I know people who have used and recommend http://www.InsureAutoNow.info
References :

]]> By: Roslyn U http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4458 Roslyn U Sat, 12 Dec 2009 10:49:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4458 There are tons of places where you can get an online quote. http://www.autoadvicetips.com/Auto-Insurance-Quote.html It only takes a few minutes to do.<br><b>References : </b><br> There are tons of places where you can get an online quote. http://www.autoadvicetips.com/Auto-Insurance-Quote.html It only takes a few minutes to do.
References :

]]> By: oklatom http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4457 oklatom Sat, 12 Dec 2009 10:38:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4457 None of the above really. Insurance uses "Fair Market Value" which is the average sales price of similar vehicles to yours in your market area. You can expect to see something in the $1,500 to $2,000 area.<br><b>References : </b><br> None of the above really. Insurance uses "Fair Market Value" which is the average sales price of similar vehicles to yours in your market area.

You can expect to see something in the $1,500 to $2,000 area.
References :

]]> By: LAUREN M http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4456 LAUREN M Sat, 12 Dec 2009 10:06:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4456 Insurance companys use either red book or kelly blue book trade in value for your vehicle. They also would deduct for salvage cost. They usualy give you the option to take the money for the salvage cost and let the insurance company take the car, or you can keep the damaged car and they will deduct the salvage amount that you will get for it when you sell it to a junkyard. I have been writing insurance for a long time and have delt with thousands of claims, so if you have any other questions please feel free to email me laurenmascia@yahoo.com<br><b>References : </b><br>Licensed Property and Casualty Insurance Agent Insurance companys use either red book or kelly blue book trade in value for your vehicle. They also would deduct for salvage cost. They usualy give you the option to take the money for the salvage cost and let the insurance company take the car, or you can keep the damaged car and they will deduct the salvage amount that you will get for it when you sell it to a junkyard. I have been writing insurance for a long time and have delt with thousands of claims, so if you have any other questions please feel free to email me laurenmascia@yahoo.com
References :
Licensed Property and Casualty Insurance Agent

]]> By: Katie http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4455 Katie Sat, 12 Dec 2009 09:59:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4455 I just went through this myself and discovered they (basically) use the trade in value of the vehicle not the retail. Check KBB.com and see what they offer. On a standard coupe it ranges from $2100 for fair condition to a high of $3000 for excellent.<br><b>References : </b><br>Recently had my car totaled. I just went through this myself and discovered they (basically) use the trade in value of the vehicle not the retail. Check KBB.com and see what they offer. On a standard coupe it ranges from $2100 for fair condition to a high of $3000 for excellent.
References :
Recently had my car totaled.

]]> By: Maya http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4454 Maya Sat, 12 Dec 2009 09:11:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4454 Sure, you ought to consider the kelly blue book value your selection of as a possibility<br><b>References : </b><br> Sure, you ought to consider the kelly blue book value your selection of as a possibility
References :

]]> By: Chad http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4453 Chad Sat, 12 Dec 2009 08:41:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4453 They don't use Neither.. What an Insurance company does it Finds your car as a Trade in Value at a dealership Basically what the value of your car would be if you traded it in today for another car how much a dealership would give you. They would Figure in the Miles your car had... deduct issues... and price it out... You can easily do this yourself.. by Contacting a dealership and asking what your trade in value would be.<br><b>References : </b><br> They don’t use Neither..

What an Insurance company does it Finds your car as a Trade in Value at a dealership
Basically what the value of your car would be if you traded it in today for another car how much a dealership would give you.
They would Figure in the Miles your car had… deduct issues…
and price it out…

You can easily do this yourself..
by Contacting a dealership and asking what your trade in value would be.
References :

]]> By: mike http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car/comment-page-1#comment-4452 mike Sat, 12 Dec 2009 07:54:59 +0000 http://www.affordableinsurancesearch.com/insurance-companies/how-do-insurance-companies-get-the-value-of-a-totaled-car#comment-4452 they use a claims adjuster or an appraiser to determine the damages. What they use, I have no idea.<br><b>References : </b><br> they use a claims adjuster or an appraiser to determine the damages. What they use, I have no idea.
References :

]]>