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Money and Finances
Reply to "Car Insurance Company Lowballing Payment for Totaled Car"
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[quote=Anonymous][quote=Anonymous]I had the same issue OP, but insurance company wouldn't budge. I sent them comps, but they said they have some type of algorithm lmao. You can't assess a cars value accurately via an algorithm. A lot of the cars for sale are auction vehicles with no maintenance history and the listed condition is in no way accurate. [/quote] Did you have the valuation report? I'm 16:31, we've had 3 totaled cars and got the valuation increased on 2 of them. The other one matched NADA which I thought was fair. If anything, once they get the details of our car accurate, they've tended to value them in better condition than they actually are because they don't specifically dock you for old tires or anything else like that.[/quote]
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