Determining the Value of a Totaled Vehicle


After you’ve been in a car crash that totaled your car, you may receive a claim settlement offer from your insurance company based on a value that they determined. You may think that this is the final word on the matter, but in fact, you would be wise to perform your own evaluation. Here are a few resources that can help you value a totaled vehicle on your own so that you can compare your results with the insurance company’s offer.

#1: Kelley Blue Book

If you have ever sold or bought a car, you’ve probably come across Kelley Blue Book. With a foundation of basic information about the value of nearly every make and model of car, KBB offers the additional benefit of specific resources to help you figure up the value of your car after an accident.

#2: Your State Department of Insurance

While these departments vary by state, it’s a good idea to check with your state’s Department of Insurance to see if they maintain a collection of resources to help with insurance issues. Often, they can offer information related to accident claims, which includes valuing a totaled car. They can also be a great entity to turn to if you cannot come to an agreement with your insurance company regarding the value of your car.

#3: An Experienced Car Accident Lawyer

When it comes to the aftermath of a car accident, there are few resources as helpful as an attorney. This is even truer if you have experienced injury as a result of your accident and you are considering filing a personal injury claim. While most car accident attorneys do not deal directly with the property damage claim, they are often knowledgeable about it and can answer questions in the course of your case.

Hare Wynn Is Here to Help

If you or a loved one has been injured in a car accident through no fault of your own, you shouldn’t have to suffer the fallout without receiving compensation. Contact Hare Wynn today for a free consultation about your case. We are ready to fight for justice on your behalf!

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