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Reply to "Preparing for auto adjuster's appraisal for total loss"
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[quote=Anonymous]My car was stolen and recovered extremely damaged. It is 8 years old and I expect the damages exceed its value. The insurance adjuster is appraising it today and I should have their feedback in the next couple days. So I expect them to conclude that it is a total loss and i'll just get paid out the value of the car. I understand that the value they will assign is supposed to reflect its trade in value and not price I would have to pay if buying the same car (new or used). But even in assigning the trade in value, are they going to low ball me? Is it expected that I will need to negotiate up? If so, where do I look for evidence of value? Is it Kelly blue book? Are there services you can pay $50 for someone to produce an appraisal report? Any other advice? [/quote]
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