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How do I value my car for insurance?

I was in a car accident two weeks ago. I had to submit a claim and now I need to negotiate with my insurance company. What’s the best way to figure out what your vehicle is worth?

avatar
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“To figure out the value of your vehicle for car insurance purposes, the most common resources are Edmunds or
Kelley Blue Book
.
Both allow you to calculate the value of your vehicle based on its current state. They can also provide you with a general range of values, including high and low prices.
Getting a general sense of the value of your vehicle on your own can be extremely helpful when negotiating with car insurance companies after an accident. You can use this number to determine whether a settlement offer is reasonable or not and to come up with an appropriate counteroffer.
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