When Do Insurance Companies Write Off A Car?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    That is going to vary from carrier to carrier. I have been told that if the cost of repairing the vehicle is greater than the valuation of the vehicle ( which is based on a recognized system ) then the carrier may choose to consider the vehicle "totaled" and pay up to the vehicle's value or the policy limits which ever is lessor minus your deductible.
    Answered on July 23, 2013
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