How Does Insurance Determine the FMV of a Totaled Car?

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How Does Insurance Determine the FMV of a Totaled Car? – This is a place for the community to provide tips and advice on How Does Insurance Determine the FMV of a Totaled Car?. This topic was created by Barry Geddis and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

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Tip 1
How Does an Auto Insurance Company Determine the Payoff for a Totaled Vehicle? More
Published: 9 years, 6 month(s) ago by Christophe ridoux | permalink
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Having your car totaled in an accident is not a pleasant experience, and working with your insurance company to get the value out of you lost vehicle can add to the pain. The insurance company should ...

For further reading: http://finance.zacks.com/auto-insurance-company-determine-payoff-totaled-vehicle-7227.html ^[1]

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Tip 2
Tips for Negotiating the Actual Cash Value of Your Car More
Published: 9 years, 6 month(s) ago by Sherri Bowen | permalink
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Dont let your insurer have the last word on your car's actual cash value when there's often room for negotiation. Learn about ACV vs. replacement cost.

For further reading: http://www.carsdirect.com/car-insurance/tips-for-negotiating-the-actual-cash-value-ff-your-car ^[2]

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Tip 3
How Insurers Determine That a Car is a Totaled Car More
Published: 9 years, 6 month(s) ago by namenur | permalink
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Learn what defines a car as totaled, how to determine a totaled car insurance value, and how to estimate your totaled car insurance payout.

For further reading: http://www.carsdirect.com/car-insurance/how-do-they-determine-if-a-car-is-totaled ^[3]

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Tip 4
Research the Value of Your Totaled Car Before Accepting an Insurance Offer More
Published: 9 years, 6 month(s) ago by versingetoryx | permalink
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The last thing you need when your car gets totaled is to wait for an insurance payout. If your provider is low-balling you, however, take the time to research what your car is worth before accepting their initial offer.
Tags: know your rights, car insurance, Money, Insurance, Car, Lifehacker

For further reading: http://lifehacker.com/research-the-value-of-your-totaled-car-before-accepting-5994640 ^[4]

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Tip 5
Can you keep your car and get paid for a claim from the insurance company? More
Published: 9 years, 6 month(s) ago by Becca Boyd | permalink
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Absolutely! The whole point of having car insurance is to be covered in the case of a car accident. Insurance is meant to get your car back
For further reading: http://www.autoinsurance.org/can-you-keep-your-car-and-get-paid-for-a-claim-from-the-insurance-company/ ^[5]

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Tip 6
What determines the amount received from the insurance company for a totaled car? More
Published: 9 years, 6 month(s) ago by agsking | permalink
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Having an accident serious enough to total your car is bad enough, but worrying about how much your auto insurance company will pay can just
For further reading: http://www.autoinsurance.org/what-determines-the-amount-received-from-the-insurance-company-for-a-totaled-car/ ^[6]

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Tip 7
Total Loss Car Insurance Settlements | Maryland Car Accident Attorney | Salisbury Injury Lawyer More
Published: 9 years, 6 month(s) ago by Eugene Nichols | permalink
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Highly Experienced Accident Attorneys. Courteous Personal Attention. Robertson & Robertson, P.A. Call 410-749-9111 today for a free initial consultation.
Tags: car total loss settlement, insurance, law firm, law office, legal advice, lawyer, attorney, fair insurance settlements for totaled vehicles, robertson & robertson, p.a., salisbury
For further reading: http://www.accidentlawyersmd.com/Practice-Areas/Fair-Insurance-Settlements-for-Totaled-Vehicles.shtml ^[7]

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Category: Fun | 9 years, 6 month(s) ago

19.4k+ Reads

7 Tips

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Contributors

namenur, agsking, versingetoryx, Becca Boyd, Sherri Bowen, Christophe ridoux, Eugene Nichols

References & Citations

1. http://finance.zacks.com/auto-insurance-company-determine-payoff-totaled-vehicle-7227.html

2. http://www.carsdirect.com/car-insurance/tips-for-negotiating-the-actual-cash-value-ff-your-car

3. http://www.carsdirect.com/car-insurance/how-do-they-determine-if-a-car-is-totaled

4. http://lifehacker.com/research-the-value-of-your-totaled-car-before-accepting-5994640

5. http://www.autoinsurance.org/can-you-keep-your-car-and-get-paid-for-a-claim-from-the-insurance-company/

6. http://www.autoinsurance.org/what-determines-the-amount-received-from-the-insurance-company-for-a-totaled-car/

7. http://www.accidentlawyersmd.com/Practice-Areas/Fair-Insurance-Settlements-for-Totaled-Vehicles.shtml