Thread: Auto insurance
View Single Post
Old 07-09-2020, 03:17 PM   #55
undercoverbrother
Franchise Player
 
Join Date: Mar 2012
Location: Sylvan Lake
Exp:
Default

Quote:
Originally Posted by Ducay View Post
I don't have too much new to add; but a) negotiate with the adjuster, and b) see what options he might have for a cash payout to get it fixed while still retaining the car. Might be a lower payout but then he'd still have the dinged up car and some cash for future payments.
the math is (well should be easy)

Vehicle value - salvage value = payment

This is why you need to see the total loss report.

But I think he would need to get the vehicle inspected because the VIN would be tagged as written off, I think.
__________________
Captain James P. DeCOSTE, CD, 18 Sep 1993

Corporal Jean-Marc H. BECHARD, 6 Aug 1993
undercoverbrother is online now   Reply With Quote