How to get a bigger settlement check for your totaled vehicle.

How does replacing a vehicle work versus getting one totaled out

Someone explain in California insurance now check computers date from car. Why. They do that

Thanks needed this!

Hello, thank you for your content! I have a question, I have a car that I purchased with a salvaged title for two years and I have always wondered what would happen if someone else hits my car and it’s deemed totaled again? Would I get the equivalent amount of a clean title in the same condition and mileage as mine? Thank you so much!

What if you can't find comps in your area?

What if the car is not fully paid off yet?

What if they come back with a better valuation once you send comps and there are only 2 vehicles in your state and the average you have to go for a car is over 500 miles.

I did just this with my total 2001 Buick LeSabre. Found 6 cars, same year / make / model and similar milage. Averaged all 6 together and stated that even if I would negotiate a 15% discount, I'd still be paying over $600 more than the offer. This was their response:

"The difference in what we offered and what you are seeing as the asking price is actual cash value and replacement costs. We owed based on the actual cash value based on year make model and mileage prior to this claim and not what the asking price is in the current market."

Thank you in the process now can I find sample letters or emails I can copy to send to them?? Also shouldn’t they offer me a rental until I find replacement?? Didn’t get rental on mine but the other persons only allowed 4 days after my first offer. They already found them at fault. How can I or is there any laws about providing a car until I find replacement?? I not asking for 6 months but need more time I know.. Thank you in advance

At what point if the total Los process should one cancel his insurance on that vehicle?

Also most advertised vehicle pricing does not include tax, tag, title, and other drealer fees. Is it possible to negotiate to increase the offer to pay for these fees?

Great video thank you so so much

Be on the alert for this move. My insurance company (Amica) tried to value my vehicle based on the three lowest-cost vehicles they could find. Then tried to devalue it further by deducting interior damage that had occurred in the accident! So to recap, their top number is based on sub-par vehicles. They then take the price down further for any defects in the totaled vehicle! Oh, and they do not reimburse for Tax, tags etc which is significant. When I sent proof that their valuation was very low they said that's because they use ACV (actual cash value) which does not include any dealer profit. LOL!...talk about bad faith!

It's not an offer. CCC determines values based on market in your region and the comps you find will most likely be already on the valuation report. If your car was totaled within the last 18 months and going forward for at least a few more months, its worth more than it has or ever will be. You can always find the outliers, but the market is the market, so unless you have done work to the car within the last year that qualifies as more than regular maintence (i.e suspension, radiator/condenser, engine, transmission, tires (they measure the tread), aftermarket additions like nav, remote start, this is all a waste of time. My suggestion is clean the car extensively before taking it for the estimate if it is drivable and you feel like it could be a total loss. The bump you are looking for is always in the condition.

Just liked and subbed. Just did a search for comprable vehicle costs. Thx.

What do I do if I shared comps of the exact make model and year of my totaled car and the adjuster says they won't accept the comps?

I tried this and the adjusted still said no. Sent emails and still said no we have been back and forth for 3 months now

NADA is biased , ill suggest KBB.

Iit hasn’t been this simple at all!!
I’ve done all this and they are still low balling me. I am going to have to get an arbitrator now.

This was very helpful. The settlement price includes the taxes on the sale of similar vehicle in my area, right?

My car is 2010 honda accord 😂

The insurance adjuster I'm dealing with told me she was having my vehicle picked up at my house and taken to a " staging place" where an appraiser would look at it

I found out a few days later she had it towed to a major online Auction house ( copart) and after a few weeks of her lowballing and using stall tactics I called copart and ask if they kept a log book on sight, they did and at that time no one had come out to inspect my vehicle. She basically totalled my car on her own

Unless .. an appraiser is able to totally a car without physical looking at it. Cam it be totalled our by just looking at photos ?

I haven’t had a car since January. Spent $4k on a rental. . Now I’m broke. Progressive sucks. Comprehensive /collision evidently isn’t comprehensive

If you still owe money to the bank. Does the offer they provided have to go straight to the bank first or can it go to you and decided what to give the bank?

Wouldn't you negotiate a settlement amount not only based on what a similar car cost at a dealership, but also include their documentation fee, delivery preparation fee, all the other nonsense fees they like to add, as well as any sales tax being charged?

But wouldn’t the damage from the accident affect the value they’re offering versus when you tell them values you’re seeing other cars were obviously the other cars aren’t damaged?