Originally Posted by cposk
That 14k-20k number came from my adjuster. She said they basically have to find one still boxed up from the factory.
Is the rule ALWAYS 75%? Can the insurance company decide they just want to cut their losses and salvage a car if it is less?
Yes, they can decide to total a car if they choose to. Most insurance company will look at it this way. If they spend $14-$20k in fixing a car then thats $14-$20k they will spent and lost. If they total the car, they can auction it and more likely take a lesser loss than if they just fixed the car.