What if an auto insurance valuation is too low?

What if an auto insurance valuation is too low?

The insurance company wants to total my car, which was in a parking lot accident. The value that they are giving it is way too low. I know some people want more than their car is worth and the insurance company would like to save themselves as much money. However, objectively looking at it....I cannot find another car for the price that the insurance company says it'-s worth. Online dealer ads list some cars with somewhat higher mileage at $2,000-2,500 more. When I offer the amount that the insurance company offered, they are polite but decline the offer.The insurance company uses comparisons with cars that are all much higher in mileage, some double. I suspect those cars are beat up.The state insurance commissioner will do nothing much, according to what their website suggests. At most, they will be an informal moderator that encourages resolution. They also tabulate the number of complaints. They will not get involved unless there is a clear violation of law, not just low ball estimates. They even say that.Actually, the repair estimate plus salvage value equals the value they assign. If the value is higher, it should be repaired, which I want. I am willing to accept a fair valuation and settlement but it is not fair now. What should I do?

Mad

You can always appeal their offer. But be prepared to back up your reasons with facts. I think or I feel doesn't count.For one ting, the vehicle was inspected by an insurance adjuster. The adjuster deducted for things like rust, old damage, worn upholstery, high miles, worn tires, faded paint, etc. If the accident was your fault your deductible would also be applied.Also. What you may owe on a vehicle has absolutely nothing to do with its value.One last thing. What you see a car advertised for is not always what they actually sell for.

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