Home     Links     Contact Us     Bookmark  
 
   Homepage      News      Legal Forum      Dictionary  
Home : Legal Forum : Insurance & Registration

What will the auto insurance pay if your car is deemed as a total loss?
Find answers to your legal question.





What will the auto insurance pay if your car is deemed as a total loss?


Additional Details
if they go by the blue book value of the car is it the retail value or the private party value


    




fire4511
They pay what the market value is for the vehicle at the time of loss. (replacement cost) Books are used as a guide to market prices. You can negotiate the value, if you have good reason to think they are low. If you can find a car similar to yours that is for sale, that will help you.

After you and the insurance company agree on the figure, then and only then, tell them that they have to add the sales tax and title fees to the price. Do not mention these things during the price negotiation, or they will try to say that they are included. The insurance company is liable for these fees, but they try very hard to avoid paying them. If you do not ask, they will not offer!


My Big Bear Ron
i was leasing my car, so the other driver's insurance company paid off the entire amount that I owed the finance company.


zharantan
What ever the BlueBook value of the car is at the time of impact. (in my mother's case, that was only 2,000 dollars).


lovethatman00
Rating
They usually go by the blue book of the year. They also deduct some other stuff you can always try to get what you want out of it.


Karen
Blue book value---Strange situation, here. The Blue Book value of my little 98 Nissan has actually increased in the last 7 months. Price of gas, maybe? You can go to Kelly Blue Book's website to check and see if your insurance company is offering full value.


?
They just pay off the blue book value of the car, not the entire remaining balance. Which is where Gap Ins. Comes in handy because they will pay off the remaining balance. If you aren't upside down though, when they pay off the balance, you will get the remainder.

Hope You Have Gap Ins.


clunck30
Rating
The least amount they can possibly get away with......Robbin B'stards!


awry2004
Rating
It depends on what coverage you have. If you do have the coverage that will pay your losses they look at the value of the car and give you the amount to replace it .





 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:




Legal Discussion Forum

 What is car insurance for?
do i need insurance for a car that is parked or is it just to drive the ...


 My drivers licence expires may 4th so is that mean i can not drive on 4th or?
after 4th. i have to go dmv office to get my temoprary drivers licence on 4th. can i drive on may 4th?...


 So what do u do when u accidently scratch someone else's car in a carpark?
No witnesses, no cctv AND u have time to bust a prank and get away with ...


 Car Insurance problem?
I took my wifes car out for a drive last night and slammed right into the back of a Brand New Honda NSX, which in turn slammed into a newish BMW that was infront of it.

The insurance on my ...


 What is a good lie for how you wrecked your car?
so i need a good lie that i can tell people about how i wrecked my car because the truth aint gonna cut it......


 UK Question: does a car beings driven have to be insured if not owned by (driver)?
but (driver) has fully comp insurance for there own vehicle ?...


 I was in a car accident. I was injured. Her Fault. I had no insurance. What now?
I was in a car accident yesterday. The girl crossed a red light and smashed into me. My car spun out 2-3 times and finally stopped. My ACL in my shoulder was injured and my shoulder joint may be ...


 Whats the estimate insurance on a 16 year old driving a camaro or a corvette?
thnks for reading
Additional Details
its a 16 year old ...


 Worried about my gf getting her insurance canceled?
My gf is 24 and a horrible driver. She doesnt pay attention and has bad judgement on distances. Well she is with USAA and has been with them for a while on her moms policy and she had a couple of ...


 I bought a truck on ebay. The title has a repossession attached & lien released. My DMV wont register? HELP!?
The truck was in Chicago and i flew in and drove it home to North Carolina. My DMV is telling me that the title can't have both a lien that has been released and a repossession attached. I ...


 I have being driving for 5 years can i drive a 7.5 ton vehicle?
...


 Someone did a hit and run and did not leave any information...Am I screwed?
I went to the library to work on some stuff but as I was heading back to my car (about 2 hrs later) I noticed the back bumper of my car has been cracked. It looked pretty clear like a hit and run ...


 My partner lost his license for speeding can he get n exemption 2 drive to and from work??
he lost it from a build up of lost demerit points no drink driving nothing like ...


 No insurance?
Am i the only one who thinks that people who have no insurance have no business even being on the road? It's so stupid that where i'm from, and the way i carry myself, it makes it so crazy ...


 Why cant i drive? Im almost 17!!!?
My parents wont let me get a learners permit, or even take drivers ed. The only reason they give is insurance. they said that drivers ed costs extra insurance, and she doesn't want to pay for my ...


 If i drive someone elses car with permission and wreck it whos insurance pays?
...


 Do i need full coverage auto insurance on a 1999 acura integra worth maybe 8 grand? or is liability enough?
...


 My brother's soon to be ex wife took one of their cars. He has title to the car. Can he get it back?
They are not in the process of divorce yet (both of them are young and broke....). But he would like his car back. I figure legally since he holds title, he should be able to....


 If i put my name on my boyfriends car insurance will it effect my credit?
if he gets in an accident or any other problems will anything happen to my ...


 I have a car on finance its just been wrote off?
my car just got wrote off its worth £3100 and i owe the finance company £4000 do the insurers send the money to me or the finance company also the car is still in my drive what happens to ...




Copyright (c) 2009-2011 Wiki Law 3k Monday, May 28, 2012 - Trusted legal information for you.
Archive: Forum  |  Forum  |  Forum  |  Links
0.034