So its been a long long time since there has been an accident in my house where the car might be totaled, and honestly I don't know how insurance companies handle payouts. My wife crashed her 2019 Flex yesterday and it may be fixable, not sure just yet. But I'm just trying to prepare myself for a battle with the insurance company if it does get totaled out.
What do insurance companies base the value of a car on? Looking on KBB(only real source I know) it says the value is right around 32k. I have state farm, in fact I have had them since I was 16, I am 43 now. I've made some claims over the years and they have never been a problem.
What do insurance companies base the value of a car on? Looking on KBB(only real source I know) it says the value is right around 32k. I have state farm, in fact I have had them since I was 16, I am 43 now. I've made some claims over the years and they have never been a problem.