Auto Insurance question.

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raymwr
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Auto Insurance question.

Post by raymwr »

The son in law crashed and burned last friday and totaled their 2001 Impala LS. Thank goodness they have full coverage.
My question is how do insurance companys go about figuring how much they want to pay out for the car?
Kelly Bluebook value or what .
Probably a pretty basic question but I personally or them have never been through it before.

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And they just had her a couple of weeks ago.

Couldn't resist her pic was in the same folder.
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1 more edit our Bonne across the road of the wreck.
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Last edited by raymwr on Thu Apr 23, 2009 6:58 pm, edited 2 times in total.
2002 Bonneville SLE
00Beast
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Re: Auto Insurance question.

Post by 00Beast »

That car is totalled. They go based on the fair market value of a perfect car identical to it. Which is why I paid $4700 for my 00 SSEi, and got $6200 for it after my accident.
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raymwr
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Year and Trim: 97 SE

Re: Auto Insurance question.

Post by raymwr »

That was my first thought also that it was totaled.
It is totaled per the Ins. company.

And thanks for the info.
2002 Bonneville SLE
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