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They will send out an adjuster who will look at the car and give you an evaluation. He/she will take into consideration the make, model, year, mileage, etc. They are usually pretty fair on their analysis, depending on the company you are using.
They will send out an adjuster who will look at the car and give you an evaluation. He/she will take into consideration the make, model, year, mileage, etc. They are usually pretty fair on their analysis, depending on the company you are using.
They will send out an adjuster who will look at the car and give you an evaluation. He/she will take into consideration the make, model, year, mileage, etc. They are usually pretty fair on their analysis, depending on the company you are using.
They will send out an adjuster who will look at the car and give you an evaluation. He/she will take into consideration the make, model, year, mileage, etc. They are usually pretty fair on their analysis, depending on the company you are using.
They will send out an adjuster who will look at the car and give you an evaluation. He/she will take into consideration the make, model, year, mileage, etc. They are usually pretty fair on their analysis, depending on the company you are using.
They will send out an adjuster who will look at the car and give you an evaluation. He/she will take into consideration the make, model, year, mileage, etc. They are usually pretty fair on their analysis, depending on the company you are using.
What else can I help you with?
Where can I purchase totaled cars?
You can purchase totaled cars at salvage yards, online auction websites, or through insurance companies that sell salvaged vehicles.
Who owns the salvage in an auto accident?
Either the cars owner or the insurance company who paid for the totaled vehicle
How much do you get if your car is totaled?
You will get the book value of the car. You will get what the car was worth before the crash. Any previous damage will affect the cars value.
How many cars are totaled every year in the us?
69
Why would insurance company total a car because of cosmetic damages?
An insurance company might do that to a car if the cost to repair the cosmetic damages exceeds the cars value. This really only applies to cars that are very old and/or possibly not in any kind of huge demand. For example, a car worth only $1,000 will be considered totaled if the dent caused by someone backing into the car ends up costing $1,500 to fix. Even so, insurance companies will total a car after damage estimates exceed around 70% or so of the car's total value. So following the example above, the dent would only have to cost $700 before it would be considered a total loss. Remember, insurance companies are NOT required to pay for body damages IF body damages exceed the cars book value.
Can you have 2 insurance policies on different cars?
Yes, you can have two insurance policies on different cars. Each car would need its own separate insurance policy.
How do you buy salvage vehicle?
If you mean totaled cars that have yet to be repaired, go to an auction or tow yard. If you mean a salvage car that has been reconstructed to roadworthiness, try Craigslist. There's lotsa salvage vehicles being sold there under the guise of being a clean titled car! But sometimes there's honest seller who are selling totaled/reconstructed cars for what they're worth, which is roughly 60% of the price of a comparable clean titled car.
How many cars get totaled every year?
About 5 million each year
Is there special Insurance you can get if you purchase used cars?
The insurance you would get fir used cars would depnd on the value of the car. That mostly only matters if you get damage coverage that isn't jsut liabilitiy.
Does salvage title mean the frame has been cracked Buying a salvage title is still safe isn't it?
A salvage title means that the vehicle was declared as totaled for some reason. It does not mean that the frame was bent or anything more than an insurance company decided to pay the value of the car instead of paying to repair the car. Cars are salvaged by insurance company for a lot of reasons, but it's not necessarily because the car is unsafe or has frame/structural damage. Since cars are totaled when repair costs exceed 50-75% of the car's value (depending on what state you're in), an older car can be totaled for simply cosmetic reasons since they're worth less and easily totaled - even $2k in cosmetic body work will total an otherwise mechanically sound older car like a '95 Volvo or Honda . Now a newer car that's been totaled is a problem since it could have sustained over $15k in damages and that's major. It all boils down to why it was totaled/salvaged. Without a pre-purchase inspection by a pro I would not buy a salvaged car. If the car checks out don't pay more than 60% of it's clean-titled value.
What percentage of people keep totaled cars?
82% The study was done at the University of Your Mom.
What happens if your car is totaled and you owe more than your insurance settlement?
If you purchased GAP insurance it will pay the difference between what the insurer pays and the amount left on the loan. If not you need to determine how the insurer came up with the amount they say your car is worth. If they used a company called CCC you have a chance to get more money buy questioning how CCC came up with the value. Somewhere on the net is 20 questions you can send to the insurance company about how they detirmined the value of your car if they used CCC that they can't awnser and helps you get a more fair evaluation of your cars worth.
