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Can someone tell me what to expect settlement wise from a rear ending accident?
A 94 Geo Prism wasn't worth buying in '94! Let it go and get a real car!How will my auto insurance claim work out?
Cost to repair is more than 70% of current value of car. Since the car has little value its cheaper to total it out. Full coverage just means they will give you the value of the car minus your deductible. Make sure they offer you a price for a car in your area. Sometimes is hard to find enough information so they make up a price. Check the web for prices.depending on the ins. company used, and what has happened to your car, the insurance company will total it based on the value of the car and the value of the damage done. some companies are a s low as 50 % of the value of the car, some as high as 90%. you can always try to buy it back from them as a slavage vehicle and fix it yourself
I sold my car (virginia) but I lost the plates to turn itto dmv. HELPPPPPP?
My experience with collision insurance is that the policy states to replace your car with "like and kind". if the car is worth $1000 they are going to pay you a $1000 and tell you to go buy another car of "like and kind". they are NOT going to pay $3000 (or $1001) to repair a $1000 car no matter whether you have "full coverage" or not.Can I get SC insurance with my car registered in MD in my parents name?
They set the value at wholesale blue book. If repairs exceed the blue book value, the car is totaled out and scrapped.Their insurance said our quotes don't matter?
Insurance adjusters work towards saving their companies money. There is a publication the adjusters follow which details costs estimates in the categories of parts, labor, materials, special equipment needed, and compiles all this information as a cost comparison vs "blue book" value (outstanding loan balance is excluded). After they "crunch the numbers", they will pay the lesser of two amounts.Can i locate a car without the registration plate or the vin number and only the radio key card?
There is also an exclusion in your policy which prohibits you from filing lawsuit against them. The best you can obtain is an arbitration hearing (at their terms), which usually ends in their favor.
Can you have have insurance on 2 different cars with two different companies?
Dude, what's the book value of your 94 Geo Prism? I just ran a quick, never seen the car estimate at KBB, and came up with $1600. Minus a $500 deductible . . . $1100.What's the cost of repair? They can buy a new 94 Geo Prism with 100,000 miles on it for about $1600. If your damages are even CLOSE to $1,000, it's not worth fixing. But they'll write you a check for the $1100, plus title and sales tax. That's what the full coverage buys you.
It's not a "we guarantee to fix this no matter what" coverage. It's "lesser of cost to repair or replace".
I think I hit something with my car?
Well, it costs more to fix the car than it is worth. In the case of a 94 Geo, that's probably, say, about 1000 in damage. You can probably elect to keep the car and get paid for the replacement cost of the vehicle minus salvage value. Cancel your full coverage, it's not worth paying for full coverage on a 94 Geo.More Questions & Answers ...
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