Most car insurance
adjusters will give you an honest and fair payout on your totaled car, but it doesn’t hurt to make sure!
Insurance providers pay physical damage claims out for ACV (actual cash value). ACV is the replacement cost of the car minus depreciation.
To confirm that you received the correct amount, go online and search the ACV of other cars like yours. They would need to be very similar and have the same:
If you end up unhappy with your claims service, keep this in mind when it is time to review your policy. Service is an essential expectation of your insurance policy and it might be time to change companies.
If you are looking for better service and a cheaper rate, Jerry
can help! Jerry shops prices with over 50 different insurance companies and delivers the lowest rates straight to your phone in seconds. If you have any questions, you can text an agent, and they will text right back with assistance!