Property Damage

Total Loss Claims

Is your insurance company refusing to pay enough for your totaled vehicle?

Total Loss Claims

Is your insurance company refusing to pay enough?

Having your vehicle totaled in a car accident is bad enough. But when your insurance company doesn’t offer fair value for your vehicle, it makes the situation worse.

What Can You Do?

Practical first steps you can try.

Here are practical first steps you can take to seek a higher offer for your total loss claim.

01 Step One

Ask for the Valuation Report

02 Step Two

Research the Comparables on the Valuation Report

03 Step Three

Dispute Any Condition Adjustments on the Comparables

04 Step Four

Send Your Own Comparables to the Adjuster

Florida Law

The valuation method may not comply with Florida law.

Many insurance companies use a third-party valuation program to determine the value of your vehicle. CCCOne, Mitchell, and Audatex are the most common programs.

Florida Statute 626.9743(5) governs first party total loss claims, a total loss claim that you make with your own insurance company. This section of the law gives three options for an insurance company to determine the value of your vehicle. Often, insurance companies do not comply with this law.

Actual Cash Value

Your policy likely requires actual cash value.

Actual Cash Value is usually defined as “the replacement cost of the vehicle less depreciation or betterment.” In many total loss claims, your insurance company will fail to offer you the actual cash value even though the policy requires them to offer this amount.

At Irvin & Irvin, we assist our personal injury clients with their total loss claim. Whether your insurance company owes you more for your totaled vehicle requires a review of your policy, the valuation report and other documentation.

Have your claim reviewed →

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