Got into a car accident. my insurance quoted 9K in damages. car is worth 11K. is it a total loss?

3 Comments

1. entidtil says:

   October 27, 2009 at 12:06 am

   Manuel

   I would guess that the car will be totaled. but at the numbers you give it is borderline. 72.7% I guess it will depend on what value they put on your car if it was undamaged.
2. david c says:

   October 29, 2009 at 8:10 am

   Lillian

   Check to see what the value of your car is in the NADA (National Automobile Dealers Association) that is the book most commonly used by insurance adjusters. They do not use the blue book, black book, or tax value. The adjuster will determine the value of the vehicle in the condition it was in prior to the accident. All factors are looked at, condition and cleanliness of the body/paint, interior, tires, engine, etc, plus year model and mileage. Since you already researched blue book value, please let me advise you that the blue book values are usually higher than the NADA. Most states require insurance companies by law to total a vehicle if the repair cost exceeds 75% of the value. If you are lucky enough to get it repaired, you choose the body shop, and if your body shop is their “certified” repair facility, they will most commonly do the repair for the amount of the adjusters estimate, the same holds true if your body shop is not a “certified” shop, they will do it for their estimate just to get the business.
3. Lawnboy & Luna says:

   November 1, 2009 at 4:54 am

   Leo

   Most insurance companies will total the vehicle when the damage exceeds 75% of the vehicle’s Actual Cash Value. It is likely there is hidden damage as well. Sounds totalled to me.