View Single Post
      07-06-2013, 10:55 AM   #59
Edjay
First Lieutenant
3
Rep
351
Posts

 
Drives: 08 E90 AW, 76 2002
Join Date: Jul 2011
Location: Sacoftomatoes Ca

iTrader: (0)

Quote:
Originally Posted by cposk View Post
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.