Moderator: volvite
Thanks for the info. Did some Googling and found the same that most insurance companies use a calculation known as “17c†to arrive at a monetary value for your car in post-wreck condition. You can read about this calculation https://www.yourmechanic.com/article/ho ... lan-mcafee. I've seen this 17c in a couple of sites.smj999smj wrote:Their insurance company may not necessarily "low ball" you; it all depends on what insurance they have. Insurance companies like All-state and State Farm are usually pretty fair. That said, I would think that your insurance agent should be able to answer your question in regards to loss value depreciation.
I found this link that may be helpful to you:
https://www.wikihow.com/Calculate-Diminished-Value