Can insurance companies only give you the value of you vehicle, and not the cost of the damages just because t

Question

the auto insurance adjuster told me he cant give me the $3,000 for damages because my can is worth $1,700. i just want to fix my car.

Answer 1

Your auto has been determined to be "uneconomically feasible to repair" - in other words, throwing good money after bad.

If your vehicle is only worth $1700, why put another $3000 into it??? That WON'T make your car worth $4700!

Take the money and run!

Answer 2

Yes, that is how it works. It is not worth investing $3000 to fix a $1700 car.

Answer 3

It is the insurer's choice to repair or declare it a total loss.

Answer 4

Your car has been declared a total loss

so the insurance will only pay you whatever your car is worth on the Kelley Blue Book. If i were you i would thake the money and invest it on another vehicle. Or like the guy said above take the money and runnnnnn lol.