“Car insurance
companies never pay out the full value of a vehicle. When deciding the settlement cost for a totaled vehicle, companies use the actual cash value of your vehicle, which includes depreciation. If you’re looking at comparable options, you must make sure that the vehicles match the condition that your vehicle was in prior to the accident.
You should also be sure to review any terms or conditions that your insurance policy contains. There are specific conditions that insurance companies follow when paying out a claim. There could be a reason why their settlement number is lower than what you believe is fair.
If you review all of these factors and you still aren’t able to come to an agreement, you’ll most likely need to hire an appraiser.