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What percentage of vehicles value are insurance companies typically required to reimburse their insured customers who own a vehicle with a salvage title?
Wiki User
∙ 16y ago
The best answer is to e-mail Joe Kaiser. He is an appraiser. Insurance companies typically have to pay customers what is state on the appraisal (actual cash value), which is good for five years. From what I understand this is the best answer. E-mail him at info@CustomMotorcycleAndVehicleAppraisal.com. If you leave you address he will snail mail you a free report, or email it to you. Read it!!!
Salvage/branded titled cars are typically worth 60% of the value of a comparable clean titled car. Actual cash value is also based on how in demand the car is in your state. Check kbb.com and nada.com to get an idea of what a clean titled car like yours is worth and take 40% off to get a rough estimate.
Wiki User
∙ 16y ago
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