How can I get a fair replacement cost by the car insurance company when my car is totoaled?

Question

my car is being paid off by the other person's insurance company, not mine.

Answer 1

Try using http://My-InsuranceSearch.com to compare car insurance rates for all the major providers in your area.

Answer 2

You could try to google it ,here is some direct resource might be helpful.http://car-insurance.online-tips.info/ca...

Answer 3

Do some homework -- locate as many vehicles as much like yours for sale in your area (50 miles) that includes similar mileage, options and condition. Be sure you write down the contact numbers and prices. You can then establish an average -- this is called a market survey. If the other company really low-ball's you then just tell them about the cars you located and present him/her with the numbers and prices. This really is a no-brainer as there is absolutely no advantage to an insurer to NOT pay fair market value for a vehicle. If the adjuster still won't budge then ask him/her to explain why. If you feel like you are just up against a stone wall respectfully request a manager and keep it up until you either get satisfaction OR a resonable explaination. There are a lot of factors involved in claims settlements so don't get frustrated and lose your cool. A professional attitude will get you MUCH farther than screaming, crying and threats of lawyers (we actually laugh out loud at people that do this -- remember, no insurance company is afraid of a lawyer - har, har..). Good luck.

Answer 4

they pay book value of the car unless you have receipts that you put a lot of money into the car plus state sales tax if any

Answer 5

If you know the mileage on your car you can go to yahoo , that is the new at&t yahoo and in the left column click on autos and type in a description of your car mileage, condition, accessories and get a list with pictures and prices of what local dealers are selling them for. If the price offered is too low contact your insurance agency before signing an agreement on the offer and complain , thats what they are paid to do , look out for your interests. If you have a printer, Print out the price and similar vehicles to back up your complaint. This should help, let them know you've looked and it can not be replaced for the offer given and tell them you expect some help from them in the matter. That should do

If you want some more information, I would check out...

http://www.knowledged.info/go.php?link=i...

Take care.

Answer 6

Look very carefully at the offer they give you for the car, if it is not the 'book value' ask them for more.

You don't have to accept their first offer, they will negotiate.

Insurance companies are in the business of making money and will try it on with the lowest offer they can, so do negotiate with them for a more suitable offer.