How much money will the insurance company pay out for my totaled vehicle?

My Ford Edge has been deemed a total loss after it was hit by a motorist who was texting and driving. How much money can I expect from the insurance company? Will they offer book value or take certain factors into consideration, like the hardship of being without a vehicle?

“Sorry to hear about your totaled Edge.
When your vehicle is deemed a total loss, the insurance company will provide you with the fair-market value of that vehicle, which is the amount it would sell for on the open market.
They’ll also be able to cover the cost of a rental car for you while you work on getting a new vehicle (within a reasonable amount of time).
You may also be able to claim payment for other hardships you might have incurred while being without a vehicle.
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Alexah Grinnell
Answered on Aug 06, 2021
Alexah Grinnell has been working in the insurance industry for 5 years with a primary focus of coverage consulting in the sales department. She has been working for Jerry Insurance since July of 2019 and has also has experience working for AAA and State Farm. She currently lives in Rochester, NY with her husband and 3 kids

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