Auto Insurance Claims/Salvage vehicle

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Expert: - 11/2/2009


Question
Hi, I will be purchasing a 2002 TahoeXL that is salvage i would like to know if in an accident again what would  the ACV paid to me by the insurance company be.

Answer
I would expect a 10% deduction in ACV from a "reasonable" insurer and 50% from a "low quality" insurer. Go to insuranceclaimhelp.org to see a list of insurers rated for "quality" based on how they pay claims. A financially strong insurer is no indication of how well they pay their claims. Get the car without a salvage title if possible.

Auto Insurance Claims

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Ron Cercone

Expertise

How to handle automobile total loss claims. I am the president of UClaim.com, which sells 29 different eBooks I have written on how to maximize various types of auto, home and business claims and how to get coverage on denied claims. You may view their tables of contents online. Also available are very specialized eBooks such as on EUO (Examination Under Oath) for example. Also available is an assortment of policy forms used by the most popular insurers. The eBooks have a money back guarantee and currently include personal consultation with Ron Cercone.

Experience

I have been adjusting insurance claims since 1980. 1980 to 1995 adjusting for many insurers (6 years as an independent adjuster with my own company). Currently working as a public adjuster in California, since 1995. I'm one of the few public adjusters who has handled automobile damage and total loss claims.

Organizations
CAPIA (California Association of Public Adjusters).

Education/Credentials
BA 1975 in History and Industrial Arts. Full CV at UClaim.com .

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