Auto Insurance Claims/Value Comparable

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Expert: - 10/6/2008


Question
10-06-2008
If I could not find a comparable for 1999- GMC Safari 7 passnger Van( Totalled in DWI ). How to settle on price? I tried Edmunds, auto traders
Thanks

Answer
You have to be able to determine the fair market value. You do that by looking at the classifieds for the same vehicle. You can also look at similar in kind cars.

The best think to determine value is to have a comp (as you said), but if you cannot find it, then move your search a little out of the area. The insurance company should tell you were are they taking their values from, and how they came to a value comparable to your car.

Also Visit:
http://www.auto-insurance-claim-advice.com/totaling-a-vehicle.html


Good Luck
Anne
http://www.SpokaneLegalHelp.com

Auto Insurance Claims

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Anne

Expertise

Auto insurance claims regarding vehicle accidents, insurance coverages, auto policies, bodily injury claims, pain and suffering, injury settlements and negotiations.

Experience

I am an adjuster for injury claims and property damage claims for over 5 years (still working there). I have worked for personal injury attorneys helping consumers get a fair treatment and I am passionate to help others with their vehicle accidents.

Education/Credentials
B.A. Economics/ Political Science

Awards and Honors
I was the top settling claims adjuster at the Insurance Company that I worked for.
I am the co writer of http://www.auto-insurance-claim-advice.com a website dedicated to help consumers document their auto claims and navigate the complex claim process.

Past/Present Clients
I work with injury lawyers working on high dollar settlements and jury awards for pain and suffering see: Spokane Law Office.

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