Quote:
Originally Posted by FRSure
The claim office doesn't open till Monday. In your guys opinion, if its totaled what's a fair payout?
2014 Auto Scion FRS 510-520miles. Base, no options.
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1. Make sure you go through your insurance company forn the claim. They will probably refund your deductible if you ask as part of the final settlement. And they will represent you and do all the leg work for you. If the person that rearended you has the same insurance as you, contact a lawyer ASAP.
2. Most insurance major companies will give you the local replacement cost and not the value of your car. Do the research by asking your local dealers for written quotes for your specific vehicle. If you modified anything have receipts ready also.
3. To answer your question directly, the only fair payout is to get the same amount that it would cost you to buy a new one just like it.
Good luck kido!