Auto Insurance Claims/vehicle value

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Expert: - 10/3/2008


Question
how does a insurance company determine the value of  a car

Answer
I assume you are looking for this because you are in the middle of a total loss situation. If that is the case, visit this website, it should really help with that.

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

The short answer for that is that they have to evaluate the Fair Market Value of your car. To do that, they have to evaluate all similar vehicle values in your area and then take into account the options of your vehicle.

They will try to settle with you for the average price. There are way to dispute such price.

See the link above.

Good Luck
Anne.

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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