The police officers and the wrecker both said to me that their insurance was going to buy me a new car. So what can I expect from that? Does it matter what kind of car I am driving?
2006-12-25 16:12:02 · 13 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
i own a shop,and very often this is just an expression used ,it means your car is totaled out just from looking at it,,they will only give you fair market value,,so i wouldn't count my money just yet,,wait and see what they offer you for it,,it is all going to depend on what kind of a car you had,and how old it is,,just be patient,with this one,,you may come out of it alright,,good luck with it i hope this helps,merry x-mas.
2006-12-25 16:17:54 · answer #1 · answered by dodge man 7 · 1⤊ 0⤋
The insurance company will write a check for the book value of the car that you wrecked. If if was a newer vehicle and you end up owing more than the book value was, then either A] you will have to pay the difference off or B] You have GAP insurance which will cover the difference. If you were driving an older vehicle that is already paid for, then the most you will recieve is the KBB.
2006-12-25 16:18:10 · answer #2 · answered by toyoguru 2 · 0⤊ 1⤋
What kind of question is this? Did the cop or the wrecker total your car? Were you driving a new car? If not, I really doubt any insurance company will pay for a new one. If you were driving a $500.00 beater then that's what you can expect in the form of settlement IF you were not at fault and IF the at fault party has insurance.
2006-12-26 10:00:26 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Unless the cop car or the wrecker hit your car, their insurance isn't going to pay you a dime.
The insurance company of the at-fault driver will pay the actual cash value of the car immediately prior to the accident. They will deduct for any pre-existing damage and cut you a check.
No insurance policy will buy a new car. You only get what the car was worth immediately prior to the accident, no more, no less.
2006-12-25 16:17:29 · answer #4 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Im assuming what they meant is in their opinion your car is totalled. An adjuster will first have to do an estimate to determine if the car will cost less to replace then repair- if this is the case then they will pay the actual cash value of your vehicle.
Insurance has no obligation to pay off your loan nor to buy you a car better then your vehicle you had before- actual cash value can be found at nada.com.
2006-12-26 01:36:07 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The police department and the towning companies insurance companies are paying for it?
Yes it does matter what kind of car you have, they will go by the value of the car. And normal insurance ways they will find some way to screw you over.
Good Luck
2006-12-25 16:16:09 · answer #6 · answered by HVAC Man 4 · 0⤊ 1⤋
you can expect the value of your car before it was wrecked putting you in a position as you were before the wreck. No make model or year so i couldn't tell the exact value
2006-12-25 16:17:40 · answer #7 · answered by Changed 3 · 1⤊ 0⤋
Insurance company will pay you fair market value of your car.. Meaning what ever KBB is on it, minus any prior damage...
2006-12-26 14:55:45 · answer #8 · answered by D.L. 4 · 0⤊ 0⤋
one factor that truly gets on my nerves is whilst human beings advise you "strengthen holy hell" to call for delight. I say in case you do no longer like it, take it someplace else or do it your self. no longer something in this worldwide will ever be finished on your delight. back on your issue. this is common practice for the mechanic to force your vehicle around to make optimistic the maintenance have been finished to delight. I doubt any mechanic has taken your vehicle out for a exhilaration journey fantastically in the event that they get into an twist of destiny how will they clarify it. I artwork on different peoples autos consistently. advantageous costly autos all the way down to clunkers. it incredibly is the persons with advantageous autos that usually insinuate that I even have taken their vehicle on a exhilaration journey. I even have my own automobiles thank you very lots, i do no longer choose your POS to force. different than for that, there should not be 0.5 a tank of gasoline lacking. the only factor that includes concepts is that whilst your vehicle replaced into sitting exterior of their vehicle parking zone, somebody stole your gasoline. the shop, any dealership or any coloration tree mechanic isn't responsible for what happens on your motor vehicle whilst this is on their premises. it is not common practice for the shop to take your gasoline. Dealerships that I even have taken my automobiles to have guarantee artwork finished have consistently crammed my motor vehicle with gasoline before delivering the keys.
2016-10-06 00:39:32 · answer #9 · answered by dunkelberger 4 · 0⤊ 0⤋
for my 1990 Dodge Omni they gave me nuthing they just toteled the car they told me thier was no fixing it and it was not worth nuthing lol sorry about your luck
2006-12-25 16:22:46 · answer #10 · answered by davedebo198305 4 · 0⤊ 1⤋