How do I know if my vehicle is a total loss?
Insurance Companies
- Insurance companies determine if a vehicle is a total loss by evaluating several factors, including the vehicle's actual cash value (ACV) and the estimated cost of repairs. If the cost to repair the vehicle exceeds a certain percentage of its ACV, the insurance company may declare it a total loss and compensate the policyholder accordingly.
State Laws
- State laws regarding total loss determine when a vehicle is considered a total loss after an accident. These laws vary by state and typically depend on the cost of repairs relative to the vehicle's value. If the repair costs exceed a certain percentage of the vehicle's actual cash value, the vehicle is declared a total loss, and the insurance company pays out the vehicle's market value instead of repairing it.
Total Loss Evaluations
Was your total loss offer not enough?
At Advanced Collision Experts, we specialize in helping clients maximize their compensation when dealing with total loss claims from insurance companies that often present lowball offers. Our team of experts meticulously reviews the insurance company’s valuation and compares it with current market data, vehicle condition, and unique factors that may have been overlooked. By conducting thorough research and presenting compelling evidence, we negotiate aggressively on behalf of our clients to ensure they receive a fair settlement that truly reflects the value of their loss. Our dedication to advocating for our clients’ best interests ensures that they are not shortchanged and receive the maximum compensation possible for their total loss.
Arizona Areas we service:
- Avondale
- Buckeye
- Carefree
- Cave Creek
- Chandler
- El Mirage
- Fountain Hills
- Gila Bend
- Gilbert
- Glendale
- Goodyear
- Guadalupe
- Litchfield Park
- Mesa
- Paradise Valley
- Peoria
- Phoenix
- Queen Creek (partially in Maricopa County)
- Scottsdale
- Surprise
- Tempe
- Tolleson
- Wickenburg (partially in Maricopa County)
- Youngtown
Nevada Areas we service:
- Boulder City
- Henderson
- Las Vegas
- North Las Vegas
- Mesquite
- Paradise
- Winchester
- Summerlin