How does insurance companies find the value of a car when its totaled?

Question

How does insurance companies find the value of a car when its totaled?

Answer 1

They actually subscribe to a service which collects private party sale ads from local publications like auto trader.

You can get an estimate, if you want to double check, by looking up the private party sale value at www.kbb.com.

Answer 2

if you don't have a recent photo of it they might give you a third of the minimun value for a car of the same age.

Answer 3

Maybe You should try to google it first ,however if you like some direct resource ,here might be helpful.http://car-insurance.online-tips.info/ca...

Answer 4

The same place dealerships get the amount to give you for a trade in...  Kelly blue book or Edmunds.com.  Good luck!