What is a Total Loss?
A total loss occurs when your vehicle repairs cost around 75% more that the sales value of your vehicle the day of the car accident. You have little control over whether or not the insurance company repairs your vehicle, or deems it a total loss. If the repair estimate is close to 75% of the value of your vehicle, you can plea your case to the insurance adjuster. If you can prove the fair market value of your vehicle is more the day of the accident than what their appraisal says, you may get them to change their mind and repair your vehicle instead of replacing your total loss vehicle. These negotiation techniques can be found in The Claim Buster eBook.
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