WebBut if you’re asking yourself, “ How much is my totaled car worth ,” there is a rough calculation you can make on your own: Find the Kelley Blue Book Value for your car in fair condition. Work out 20 to 40 percent of the fair … WebI’m going to college in another state, and my car is still registered in North Carolina. Will my (or my parents’) North Carolina policy cover me? I’m enlisting in the military. Does my policy still cover me if I’m stationed in another state? My son has received his driver’s license. Do I have to add him to my policy, if he drops his ...
Why are insurance companies so quick to total a car?
Web28 feb. 2024 · The agreed upon actual cash value between you and the insurance company is $8,000. However, because you want to keep the vehicle, that amount must be reduced by the salvage price. The salvage price of the vehicle is determined to be $2,000. Therefore, you get to keep the car and receive $6,000 for it being deemed a total loss (8,000 – … Web12 dec. 2024 · Each state has a formula to determine under what circumstances a car must be totaled by an insurance company. Go online, determine your state’s insurance … nursing clinics in gainesville
How Much Will Insurance Pay for My Totaled Car?
Web22 apr. 2013 · My car has been deemed a total loss and is only worth about $3,500 at best. But the car was worth much more to me and served as an essential tool for me to commute to/from work and travel for my job 30% of the time. The car was paid off and I planned to drive it for at least 2 or 3 more years. WebIf they're totalling it, they probably haven't even started the repair (no reason to fix a car that's going to salvage auction). SaturdayRegrets • 4 days ago. They have to follow state guidelines. PA uses total loss formula. Cost of repairs + scrap value => actual cash value of vehicle before loss then is totaled. WebTotal car tax would be: $300,000 + $150,000 = $450 000. Ask a question, an expert will respond . Your name. Your name is required Your email (optional) comment. Comment's content is required. Subscribe to our newsletter to receive all the useful information for your finances Ask my question. Subscribe to ... niva bupa covered hospital list