Totaled car insurance coverage
Reader question:
If I get into an accident and total my car, where does my car insurance company get the totaled car insurance coverage numbers from?
Melanie
Thanks for asking, Melanie.
There are several sources from which a car insurance company can figure the totaled car insurance coverage. However, it will all come down to what your car is worth minus the depreciation. You can find out what your car is worth now after depreciation by looking in a guide such as Kelley’s Blue Book, which is what car insurance companies normally go by.
Cheers,
Fashun Guadarrama.
