Do insurance companies only value vehicles based on non-certified comparable models?

My BMW was deemed a total loss and the assessment I got from my insurance company is based on non-certified vehicles. Do all insurance companies use non-certified vehicles for value comparison? The comparable cars are all cheaper than certified vehicles from a dealership.

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Emily Maracle
Answered on May 07, 2021
Car insurance companies determine value using the actual cash value of a vehicle, which is the original price minus depreciation. Whether a vehicle is certified or not doesn’t often impact the value of the vehicle.
When dealerships say that a vehicle is certified, they normally are including extras like extended warranties or inspections that are dealer-specific. The vehicles that your insurance company are using for comparison match the pre-accident condition of your vehicle.
This would not include any extras from a dealership. Your insurance company would also follow the same process if you have new car replacement coverage.
You could always do your own comparison shopping with dealerships. If you feel that your insurance company isn’t offering a fair value for your vehicle, you can try to negotiate with them. “
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