0
How should an insurance company value the aftermarket upgrades on a vehicle?
Wiki User
∙ 16y ago
Well, what exactly do you mean 'value'? Are you asking in the event of a total loss how would that add to the value of the vehicle? This is really subjective, say you put fancy after market headlamps in your vehicle that cost you alot, does that add to the value? not really, as long as the headlamps work. If you could be more specific as to what parts and what you mean by value I'm sure I could help you out with your question.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Why cant you get your aftermarket radio out of your car at the tow truck company yard if your car is totaled?
Once you sign that paperwork, you agree to relinquish the vehicle to the insurance company as is.
How can I get my company vehicle insured in Montana?
You can get company vehicle insurance at www.iaai.com.
Do I have to provide insurance for my company vehicle?
Unless you're the company owner, you generally don't need to provide insurance for a company vehicle.
How much is insurance for a company vehicle?
The cost for insurance will be determined by the location of the vehicle as well as the type of vehicle.
How do you get your insurance company to repair a new vehicle with new original parts instead of used and aftermarket parts?
It is illegal for a body shop to repair a car with used or reconditioned parts, unless the owner of the vehicle gives written permission. Insurance companies do not control repair shops. Their repair estimates are based on new factory parts and standard repair charges. I have recently found out that it depends on what state you live in. For example, in Pennsylvania, insurance companies are permitted to use aftermarket or used parts to repair a vehicle but if those parts affect the vehicles warranty the insurance company must warrant those parts. Unfair, but very true!!
Why would an insurance company declare a vehicle totaled?
An insurance company declares a vehicle totaled when the cost to fix the vehicle exceeds 70% or more of its market value.
Can my license be suspended for not paying insuranc I placed on someone elses vehicle?
In most states an insurance company must report to the DMV of your state that your insurance is been canceled. This often results in your state suspending your drivers license unless you can prove that you do not have a vehicle, and that the reason your insurance was canceled was because you no longer have a vehicle. The license plate that was obtained for the vehicle must be returned to the DMV. If insurance was purchased for the vehicle from another insurance company, then you must provide proof that you have insurance from the new insurance company. If the actual owner of the vehicle bought insurance from another insurance company, then this should be easy to prove.
What are car insurance auctions?
If you wreck your vehicle, the insurance company pays you off and you give them the title for the vehicle. The insurance company then turns around and sends the vehicle to an auction (usually for dealers and wholesalers only) and sell it. Most of the time a salvage company will buy the car for parts and the insurance company can recoup some of their money.
What is Progressive Security Insurance Co?
An insurance company that sell vehicle insurance to people.
What insurance companies provide company vehicle insurance in Miami, FL?
It is very important too keep your company vehicle insured. I would suggest contacting AllState insurance for a quote.
When a vehicle has been repossessed and taken to the auction does Honda carry insurance on it?
Not only does Honda have insurance on the vehicle, so does the repossession company, the storage company, the transport company, and the aution agency.
Where can one get an international vehicle insurance?
One can buy international vehicle insurance using AAA Insurance. One could also buy international vehicle insurance by purchasing from the GEICO company.
