Envision. The car was worth like $18k but with labor the fender was about $7.5k and since that’s over 40% of the value, it automatically totaled. I argued to no avail and almost kept it but the damage title wasn’t worth it.
Totaling a car over 40% is wild to me, is this a normal thing in the US? A bus drove into my grandma’s car last year and the damage was something like 11k Euros on a 16k car. The bus insurance paid for the full repair.
Envision. The car was worth like $18k but with labor the fender was about $7.5k and since that’s over 40% of the value, it automatically totaled. I argued to no avail and almost kept it but the damage title wasn’t worth it.
Totaling a car over 40% is wild to me, is this a normal thing in the US? A bus drove into my grandma’s car last year and the damage was something like 11k Euros on a 16k car. The bus insurance paid for the full repair.
US insurance devalues cars pretty heavily. When the estimated repair cost is close to the devalued price, they always write off the car.