there are 2 ways depending on the age of your vehicle. (Newervehiles) in your area (the same vehicle could be worth more or less in another state) the adjuster would try to find 3 like kind vehicles with same or close mileage and condition at car lots, he would then add the asking price of these vehicles together and devide by the amount of vehicles he was able to find to get the average price of your vehicle and this would be what is offered to you. (Old vehicles) would use the blue book and look for the mileage of your vehicle. this is what would be offered to you THERE ARE OTHER THINGS THE INSURANCE COMPANY SHOULD PAY FOR SO MAKE SURE THEY DO.
these include pro-rata taxes on your vehicle. For example if you had to pay $1200.00 to registrate your vehicle and you drove it for 6 months before the accident, the insurance company should pay you $600.00 toward the registrate fees. Any upgrades that cannot be removed from the vehicle less depreceration.
2006-11-01 10:33:45
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answer #1
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answered by bettyswestbrook 4
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My car was considered a loss. The insurance company paid me 2/3 the blue book value of the car.
2006-11-01 10:26:04
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answer #2
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answered by noidbgone 2
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Comparative market value search (geographically) of vehicles that is of the same year, make and model with similar mileage and with equal or similar vehicle options. In Calif, the state dept of insurance does not allow for insurance companies to derive figures and settlement offers from kelly blue book - this is an estimated value.
2006-11-05 08:21:32
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answer #3
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answered by J T 1
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The insurance agent that made me an offer on my car told me to show him ads for similar car selling for more.
I did, and he increased the payment by $1200
2006-11-01 10:52:10
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answer #4
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answered by John L 5
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This is just a rough idea but its usually by the year, make, model, milage, options, and how much rust was on the car before the crash this show the condition before the crash and gives a good idea how good the car was.
2006-11-01 10:34:18
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answer #5
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answered by Hoss 1
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you don't not have to take what a insurance company's gives you unless they give you at least blue book trade in value if they don't get a lawyer go to kbb.com to look up what your car is worth.
2006-11-01 10:36:01
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answer #6
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answered by Rev.Howard 1
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Get insurance quotes
2014-12-20 17:03:54
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answer #7
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answered by Anonymous
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Find the best offers for you at: COVERAGEQUOTES.NET
2014-05-19 13:55:52
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answer #8
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answered by Anonymous
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Try https://tr.im/BSAV4
2016-07-05 13:06:33
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answer #9
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answered by Anonymous
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