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How Do Auto Insurance Adjusters Determine The Value Of A Totalled Auto ? |
do they use NADA Risqu Book ? Do they give retail values or trade in values ?
| Answer: Most auto insurance policies pay the tangible cash value (ACV) of a vehicle totaled in an accident. The ACV is equal to the market value of an auto without hesitation before the accident. Many insurers use the Kelly Blue Book. To check your cars value go to www.kbb.com. Insurers must use a decent and reasonable method to determine the value of your car. If you have concerns about their decision you may be able to negotiate with your insurer by forceful them why your |