East El Paso  |  West El Paso ☰ ˟
Logo
East El Paso Office  |  West El Paso Office
  • Nothing
  • Products
    • Automobile
    • Bonds
    • Business & Commercial
    • Commercial Auto Insurance
    • Cyber Liability Insurance
    • Farm
    • Homeowners
    • Personal Umbrella Insurance
    • Workers Compensation
  • Get A Quote
    • Auto Insurance Quote
    • Bond QuotesImage of right arrow
      • Bid Bonds
      • Commercial Bonds
      • Contract Bonds
      • Contractor License Bonds
      • Court Bonds
      • Fidelity Bonds
      • Payment Bonds
      • Performance Bonds
    • Business QuotesImage of right arrow
      • Business Auto
      • Business Income
      • Business Owners (BOP) Quote Form
      • Business Property
      • Contractor Insurance
      • Equipment Breakdown
      • General Liability Quote Form
      • Real Estate Errors and Omissions
      • Workers Compensation Quote
    • Farm Quote
    • Flood Quote
    • Health Insurance Quote
    • Homeowners Insurance Quote
    • Life Insurance Quote
    • Motorcycle Insurance Quote
    • Recreational Vehicle Insurance Quote
    • Renters Insurance Quote
    • Watercraft Insurance Quote
  • Resources
    • About UsImage of right arrow
      • Meet Our Team
      • Our Locations
      • Local Businesses We Love
      • Nationwide Coverage
    • Blog
    • Secure Area
    • Refer a Friend
    • Important Links
    • Insurance Glossary
    • Get Your Nationwide© Coverage from Crossland Coverage
  • Contact Us
    • East El Paso Office
    • West El Paso Office
    • Locations & Hours
    • Get A Quote
Automobile Icon

Automobile

We browse through a wide variety of coverages and find the right one for you.

Learn More
Homeowners Icon

Homeowners

We browse through a wide variety of coverages and find the right one for you.

Learn More
Business Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Learn More
Farm Insurance Icon

Farm Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > How Do You Know When a Car is Totaled?
TUESDAY, AUGUST 2, 2022

How Do You Know When a Car is Totaled?

Car accidents are scary no matter if they’re small fender-benders or multi-car crashes. If you are involved in an accident of any kind, it is important to have the damage assessed by a professional. But what happens in a large crash? How do you know when your car will be declared as totaled? 

There are a few obvious signs that may hint to your vehicle being totaled, such as excessive fluid leaks and the inability to drive because the vehicle won’t start. Some of these issues can be fixed, however, so a temporary inability to use your vehicle doesn’t necessarily mean that it is totaled. Instead, the way of determining if your vehicle is totaled has to do with the value of your vehicle. Car Fender Bender

Damages vs Value of the Vehicle 
In most cases, an insurer will consider the actual cash value of your vehicle when determining whether or not a vehicle is totaled. The actual cash value (ACV) of your vehicle is determined by your car’s mileage, age, condition, and additional parts that may add to its value. The claims adjuster may then compare the value of your car with those of similar model in your same area. 

This is then compared to the damages your vehicle has faced in the accident. Say the damages to your vehicle cost $1,000 to repair, which is significantly less than the value of your vehicle. So long as the repairs are manageable, your vehicle may not be declared as totaled. 

However, say the cost of repairing your vehicle is significantly more than the value of your vehicle. If it would cost more to repair your vehicle than to replace it, your vehicle may be declared as totaled. This is because it may be cheaper for the insurer to offer compensation toward a new vehicle rather than repairs on the current vehicle. 

This also applies to the insurance on your vehicle. Some insurance providers will not cover a vehicle that would cost more to insure than to replace. Be sure to keep track of the value of your vehicle when it comes to insurance. It can help you anticipate when your vehicle may be declared totaled after an accident. Keep in mind that the insurance provider has the final say in whether or not your vehicle is totaled, however. Maintain your vehicle’s records to make the claims process quicker and easier. 
Posted 3:35 PM

Tags: auto insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2022
  • 2021
  • 2020

  • auto insurance(5)
  • medicare(3)
  • home insurance(2)
  • car insurance(2)
  • commercial(1)
  • remodeling home(1)
  • cyber liability insurance(1)
  • surety bonds(1)
  • whole life insurance(1)
  • life insurance(1)
  • toy vehicle insurance(1)
  • general contractors(1)
  • open enrollment(1)
  • term life insurance(1)
  • workers compensation insurance(1)
  • motorcycle insurance(1)
  • bop insurance(1)
  • business(1)
  • interruption(1)
  • homeowners insurance(1)
  • general liability(1)
  • commercial auto insurance(1)
  • flood insurance(1)
  • insurance(1)
  • general liability insurance(1)

View Mobile Version

Contact Us Today!
East El Paso Office 915.629.0274
West El Paso Office 915.584.5480

Facebook Icon LinkedIn Icon Google Icon

Resources

  • Products
  • Customer Service
  • Payment Options
  • Report a Claim
  • News
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

1590 Joe Battle Boulevard
El Paso, TX 79936

East El Paso Office 915.629.0274  | West El Paso Office 915.584.5480
Fax: 915-629-0350 | Email Us
© Copyright. All rights reserved. | Powered by Insurance Website Builder