Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options

Car value: 2016 Corolla S+ w/ 4500 miles?

reedonereedone Member Posts: 12
edited February 2016 in Toyota
A totaled car - me and the insurance company are trying to figure out the value on. Would appreciate any help.

Comments

  • Options
    steverstever Guest Posts: 52,454
    There's some good tips here:

    Confessions of an Auto Claims Adjuster
  • Options
    Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    You'll have to work off comparables for sale, preferably in your general area. You should present at least three. If you and the insurance co. can't reach an agreement you have the right to hire your own appraiser. If no settlement can be reached then your policy's arbitration clause will be invoked and a hearing will be held. This is normally binding unless you were not at fault and another insurance co. is also involved...then you have further legal rights.
Sign In or Register to comment.