OK, so the first estimate from the SF-approved body shop came back at $15.7K (gross of my son's deductible). I think, given a quick look/analysis, that retail on the car (used, comparable mileage, year, trim) is ~$24.0K, which puts the repair cost % at ~65%.
Our state, Missouri, has an 80% max threshold, but IIUC, insurers by policy or circumstances can use lower #s.
Body shop had warned that estimate could go up with teardown. The first estimate above is the non-teardown estimate.
My guess is also that salvage value on the car is decent, which may be a further nudge to SF to total. OTOH, SF is not on the hook for rental car coverage, which might otherwise have been a further incentive to total.
Any thoughts on the total/no-total likelihood?
(My guess is high likelihood it gets totaled, but far from certainty).
Does my son have potential input into this process, to encourage adjuster towards/away from totaling the vehicle?
(I think at this point my son would lean towards totaling given a choice).
Our state, Missouri, has an 80% max threshold, but IIUC, insurers by policy or circumstances can use lower #s.
Body shop had warned that estimate could go up with teardown. The first estimate above is the non-teardown estimate.
My guess is also that salvage value on the car is decent, which may be a further nudge to SF to total. OTOH, SF is not on the hook for rental car coverage, which might otherwise have been a further incentive to total.
Any thoughts on the total/no-total likelihood?
(My guess is high likelihood it gets totaled, but far from certainty).
Does my son have potential input into this process, to encourage adjuster towards/away from totaling the vehicle?
(I think at this point my son would lean towards totaling given a choice).
Statistics: Posted by psteinx — Wed Aug 28, 2024 7:45 pm — Replies 11 — Views 1583