How much will insurance company pay for car?
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My daughter had an accident where the left drivers side quarter was damaged. NO WAY this car is totaled, yet they totaled it. She bought the car from a dealer who repairs cars with ...show more
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Answer:
Book value of a car with a salvaged title is usually less than 50% of the value of a car without a damage history. They declare a car totaled when the damage exceeds 70% of book value. It's entirely possible a damaged quarter panel would cost more to fix than $1,600 (the maybe $2,500 book value -30%) which is why the totaled they car. If you think the offer isn't fair you can sue the insurance company for what you think is fair. I have no doubt that when you show the judge your credentials as an expert automobile appraiser and repair estimator he will order them to give you more money.
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Other answers
let me get this right, she bough a previously wrecked car with a salvage title and had an accident. How much to you think she should get for the car? You could buy the car back from the insurance company with the money they give you and repair the damage yourself and still have money left. without knowing the exact specifics of the car a similar one has a blue book price of $3100. don't know what it would be with that salvage title though. I'm sure way less.
whata waste
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