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About Ron Cercone
Expertise
How to handle automobile total loss claims. I am the president of UClaim and contribute to InsuranceClaimHelp.org .

Experience
28 years adjusting claims since 1980. 15 years for insurers. 14 years for policy holders as a public adjuster 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 .

You are here: Experts > Autos > Auto Insurance > Auto Insurance Claims > Salvage vehicle

Auto Insurance Claims - Salvage vehicle

Expert: Ron Cercone - 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.

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