How do I determine the insurance value of a totaled car?

I got into an accident where my car was totaled. How do I find the market value of my car for the insurance claim?

I’m sorry to hear about your accident and your totaled car. When your car is totaled, your insurance company will pay you the actual cash value (ACV) of the car. This is the pre-crash value of the car minus your deductible. They will also consider the wear and tear of the vehicle.
If you disagree with their assessment, you may be able to dispute the valuation. The best way to do this is to show that your car is worth more than what they are offering with evidence from similar vehicle sales at dealerships, as well as the Kelley Blue Book price.
New cars depreciate quite a bit in the first year, so even if you haven’t had the car for that long and it’s in great condition, the ACV may be quite a bit lower than what you paid. If this is the case, you may want to consider new car replacement to protect your investment.
When you get a new car, you may want to look for a new car insurance company. That’s where Jerry can help. Jerry will collect the details from your current policy and present you with comparable quotes from up to 50 providers. If you find a policy you like, Jerry will help you make the changeover—so you get the coverage you want with none of the hassles.
Grace Cho
Answered on Nov 10, 2021

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