$27,400 in damage - totaled?
#16
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Join Date: Jul 2005
Location: Lauderhill, FL
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Its a total. Its true most insurance companies usually write up to 70%-80% of value of vehicle. But they also look at the salvage value they may get on vehicle. In ur case if your car has a market value of 34,900, they may get close to 10k salvage bid. This would put the value of ur vehicle at 24,900. The value of your car is now lower then total damages. They would definitely total it if this were the case.
#22
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Hey, put it this way, if they dont total it, try to cash the check and part out the rest of your car, im pretty sure you will have enough money later on for a brand new one... Hell, I bet you your entire drive train is still fine, rims look ok, seats, entire drivers side......
#28
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