How do you calculate total loss?
Should I accept first offer from car insurance company?
I am currently on a renewal quote of car insurance from the same company. When I went to renew last time, I received an offer of 18,200 which I accepted. It was over 25% more than the previous offer.
Now I have been offered 14,100 which is about 17% less than the previous offer. Should I accept this offer? I am not looking for a better offer, but just to know if it is common practice to accept the first offer received. You shouldn't consider the first offer. Insurance companies will frequently offer lower prices to customers who accept early renewal. It's a good idea to request that the original price be included on your renewal, and to ask if any changes have occurred since the previous quote. There is no such thing as a "standard" procedure to accepting insurance renewal. I have seen renewal quotes where the price has increased or decreased (sometimes by a lot). The price can be changed by the company as well.
As a rule of thumb, you should always ask what is the real reason behind the price change - if it is for the customer's benefit (in terms of getting a better price), you should ask for the offer to be accepted. But if the price drop was due to a company-wide price increase, you should definitely decline.
How do you calculate total loss?
This is a discussion on ? Question: Write a program to calculate total . I would like to know what it's known as to know what to google for. Do you calculate total loss, or total cost, or what? Here is an example of what I'm getting at: "I am driving a car and I am about to drive off a cliff." or
"I am driving a car and I am about to drive off a cliff. That makes my point clearer, doesn't it? You're asking how something is calculated (ie if it's in units of measurement or price). For example, you could ask "what is the speed limit of a car?" It's a question that relates to quantity. This is because you're talking about objects of the same size, and the size doesn't really matter for questions about quantity.
When we talk about loss, we're talking about values that are a ratio of quantity. Losses are usually monetary. So then, your question should be "how do you calculate monetary losses?", rather than "how do you calculate total loss?" In that case, you're looking for how to convert an amount of money into the type of quantities used in monetary losses.
If you're talking about losses in terms of cost, you might need to clarify that you're talking about monetary and physical losses.
What is the market value of a total loss car?
To address the question of "what is a total loss" car, it is important to look at the value of the vehicle to the individual. That's a 50% discount. However, it depends on the seller.
The fact that you can buy a car for such a discounted price doesn't mean that it's a good deal for the buyer. It depends on the cost of having to own a second car, which can be significant. And when a person is buying a car for their first time, there's always the matter of financing.
It's important to consider all of these variables when trying to find out how to value a car as a total loss. However, if you can do so, you'll have a much better chance of selling your car quickly and getting a good price.
Is it possible to fix my car for a price? It's certainly possible to get a car repaired for a price. The question is whether you'll be able to get a fair price for your car. Unfortunately, this is hard to tell with total loss cars because they have been stolen, and that makes it very difficult to tell what the fair value of the car is.
The insurance company is under no obligation to tell you the actual fair market value of your car, and there is nothing you can do to convince them to do so. You can ask the insurance company to appraise your car and give you a fair market value, but you will have to pay for that appraisal yourself.
Can I challenge insurance write off valuation?
I have a rental property that is currently worth 35,000. I plan to make improvements over the next year and plan to have it revalued in a year's time. My insurance company estimates that my refurbishment is worth 30,000 and therefore will be writing off 5,000. Is this something I can challenge?
Thanks. You have now made your last enquiry to this Question and Answer service. We will now not be able to respond to your question or offer any advice or guidance as you are outside of our customer support hours.
If you have a question about a previous Question and Answer service response, please use the "Contact Us" tab at the top of the page to send us a message. If your question was submitted after our support hours, please note that we won't be able to reply to your message.
We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of this site have already been set. To find out more about the cookies we use and how to delete them, see our privacy policy. I accept cookies from this site.










Leave Your Comments
Your email address will not be published. Required fields are marked with *