Claiming car/auto insurance. What is ”depreciation value”?

Claiming car/auto insurance. What is ”depreciation value”?

When we were about to claim our auto insurance for repairs for our damaged vehicle, the insurance agent said that we have to pay half the price of the total repair estimate, we asked why can’t the insurance cover everything then she said it’s because of ”depreciation value” and didn’t expound further. What does she mean by that?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


RELATED:

What should I know when shopping for life insurance?

Thanks for viewing my question. My family consists of two 33 year-old adults and one 3 year-old child. We are both healthy-except that he smokes. I am considering buying a life insurance policy to provide between $50 and $100k to help support my daughter in case either myself or her father pass on. I know very little about life insurance and would like to get the best deal possible. Should I purchase the insurance from my auto agent? Should I buy from a local independent agent instead of from a large national firm? Please offer me some pointers. Thank you and God Bless.


Any CA insurance broker recommend? Looking for whole life, long term disable, VUL …etc?

When I search online I only see insurance company, I want a good broker can help me found a good company, don’t want to be limited to one company, any recommendation? The insurance type I looking for is the one can save money in it and withdraw anytime. Live in CA


How much do you think my car insurance would cost?

I’m turning 18 in March and will be getting a car on my 18th birthday. I don’t know what type of cr I’ll be getting but I’ll make sure it has good MPG. I’ll be using my car for storm chasing. Do you think I’ll get a discount since I’m helping the National Weather Service issue watches and warnings by storm chasing? What’s the average cost of car insurance for my age group in Manatee county, FL? Sources?


How or to whom would I appeal a denied home owners insurance claim?

I live in Las Vegas, Nevada

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

If I upgrade to full coverage insurance can I get previous car accident damages fix?

I have liability and I was in a minor car accident two months ago. I need to upgrade my insurance because the bank than loaned me money for the car requires me to have comprehensive and collision coverage. If I upgrade could I fix the damages to my car?


What is the best car insurance to get?

Cheap, reasonable, and the best.


How much will my insurance be?

I’m turning 16, and I intend to get a used passenger van for my first car (I’m in a band), and my parents are making me pay for my first 6 months of insurance (I believe you have to be 18 to have your own insurance so I guess they’re making me pay the difference between whatever they usually pay and how much they’ll pay after I’m on their policy. The van I’m looking at has 120,000 miles on it, if that matters, but only 70,000 on the rebuilt engine.


Claiming car/auto insurance. What is ”depreciation value”?

When we were about to claim our auto insurance for repairs for our damaged vehicle, the insurance agent said that we have to pay half the price of the total repair estimate, we asked why can’t the insurance cover everything then she said it’s because of ”depreciation value” and didn’t expound further. What does she mean by that?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


What is the best way a low income student can get health insurance?

Again, low income and can’t rely on parents and how could I get retro coverage for an emergency bill a month ago. Currently uninsured, only insurrance is car insurrance.


What would my car insurance run me for this?

Ok…..im 16 years old and just got my license. Ive been driving for about 3 years now. But now im legal to drive on the real road now. I have a 1996 mustang cobra 2d hardtop. All stock except it has flows on it. I dont have the first clue on what to do on insurance cuz my family doesnt have car insurance cuz they are crazy people who dont belive in that crap….thats what they say……but if anyone out there is a insurance agent or somthin…maybe you can help me…work with me on this….give me a range on what i could expect to pay with full coverage or just liability….that would be great….. thanks 😀


Do you have health insurance?

if so, How much is it per month? how old are you? what kind of deducatble do you have? Feel free to answer also if you do not have health insurance.


Whats the cheapest eye insurance?

Whats the cheapest eye insurance?


Car insurance with 0 deposit?

Been serching for car insurance but every company wants like a £300-£400 deposit does anyone know any with 0 deposit thanks for your answers:) thank u


Can you drive a car in texas to alabama without insurance and inspection sticker?

to olka whatever your named is , it is parked. i WAS asking whether or not it would be legal not if it could be done , but thanks for being a smart *** . (: it’s parked in a private garage. and will stay that way until i figure out what to do. i don’t have the money to get the insurance but i’ll find a way to.


How does car insurance work?

im sure this is a really dumb question, but dont know the first thing about car insurance. I’ll be 19 next month & i’m going to get my license before this month is over. I’ve had my permit for almost 2 yrs now & just been waiting to get money saved up for a car & insurance. I’d like an SUV but i’ve heard that it costs more to have insurance on an SUV? is this true? Are there any specific cars that are better [meaning less expensive] to get insurance on?


My car got stolen and recovered, can my insurance get new new vehicle?

I purchased brand new car 7 days before it got stolen- thieves robbed my house, took keys to the car and Stole it while I was out of town. I drove car only once, from dealership to the garage and when I came back and realized my car is missing I quickly recovered it withhelp of police who also arrested theves who drove my car for 5 days… Yes, it got recovered 5 days later but it’s dented, trashed inside, smoked in, alcohol spills, wheels scratched and its simply nasty and I feel violated and I went from loving my brand new car to hating it after seeing what they have done to it. Question, while geico is helping to repair the vehicle is there a possibility I can ask for the complete vehicle replacement since it was only 7 days old car? Insurance agent quickly mentioned that saying she will try to get it approved but backed out of this few hours later, so something tells me it’s a possibility but they simply don’t want to do it. Anyone knows much about this? I live in California in case it matters and I have full and with excess coverage on the vehicle by geico.


Claiming car/auto insurance. What is ”depreciation value”?

When we were about to claim our auto insurance for repairs for our damaged vehicle, the insurance agent said that we have to pay half the price of the total repair estimate, we asked why can’t the insurance cover everything then she said it’s because of ”depreciation value” and didn’t expound further. What does she mean by that?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


Car released to my insurance company?

my car has been released to my insurance company, for them to ascertain whether my car is repairable or is a write off, the car an MGTF Convertible was burnt to dust at the week-end and no courtesy car has been provided, making my journey to Edinburgh from Glasgow and back again every workday a bit of a nightmare, has anyone any idea how long this process of making me an offer will take, as it is costing me a fortune in rail fares


How much cheaper is a hospital visit wit health insurance?

i’m trying to decide if i should get health insurance, my job does not offer this, is it worth getting insurance?


CA liability vehicle insurance?

Let’s say I was was riding my motorcycle and while sitting at a red light a car rear ends me, now at no fault of my own was this accident caused. Would my motorcycle get repaired even if I only had liability insurance or was that given up by buying only liabilty insurance


How much does it cost to add a person on ur insurance?

i was wondering how much it would cost to add someone with their permit on to ur car insurance, this dont have to be an exact number just and average number. If any of you know plz let me know cause i am trying to figure this out, thanks for your help.


Is Car Insurance paid Monthly or Yearly?

I was reading an article about the Toyota Prius and it said insurance is about $1400. Is that $1400 a month or a year?


I was woundering what do you think is the cheapest auto insurance for first time liscence holders.?

I was woundering what do you think is the cheapest auto insurance for first time liscence holders.?


Insurance with a learners permit?

I live in Tennessee, I’m 15 and some people have told me that you don’t have to have insurance on yourself until you get a licences, is this true?


Life Insurance Coverage?

I am 23 years old with Group Life Insurance. I was wondering what is the maximum amount of Life Insurance Coverage I need at this point in my life? I am single, no kids, and I rent an apartment. I have money for college, a car note, a few credit cards. I currently have $400,000 coverage for group life. Is that too much? Will my family not receive all that if something was too happen to me today? Is group life a good way to go? How much coverage should I have?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


My boyfriend just bought a new bike. Any suggestions for good MC insurance companies with affordable prices?

My boyfriend just bought a new bike. Any suggestions for good MC insurance companies with affordable prices?


What is step by step process of uninsured motorist claim filing?

I’m driving across intersection. I had green light. out of nowhere, another vehicle, blew a red light, tried to speed past right in front me as I was driving past intersection, had no choice, my vehicle crashed into his. my car totaled, he was at fault and he didn’t have insurance. I have attorney and we’re filing uninsured motorist. I need a peace of mind, what is the step by step process of UM claim and how long does it take to get a settlement? I’m off work, racking up medical bills, things are getting tight.


09′ Honda Civic Insurance?

I’m searching for quotes for my 09′ Honda Civic— I have full coverage right now and would like to keep it that way with a new insurance. I have Allstate & I believe I’m paying too much for it (240.00 USD). What car insurance companies can give free estimates/quotes? (I’m 24-college student,unmarried, if that helps). Thanks!


Scooter 50cc and 125cc insurance??

Can you please tell me how much insurance in Ireland would cost for a 16 year old boy don’t say phone up the insurance company because i am just wondering how much it is thanks if you know I was looking at 125cc scooter which is insurance group 2 I was also looking at a 50cc scooter insurance group 1 Thanks for answering and please tell me your prices in euro thanks again.



BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

Can the police seize a car off you in a petrol garage for no insurance when you have got in surance?

more info the police seized a friends car for no insurance when he had insurance to cover him to to use any car be cos it did not come up on the PNC as having insurance’ on the car so can he get the car back for free from the police car Pound for free if he shows he insurance cover s hime to use any car . and is a petrol garage classed as a road help me wive this


Claiming car/auto insurance. What is ”depreciation value”?

When we were about to claim our auto insurance for repairs for our damaged vehicle, the insurance agent said that we have to pay half the price of the total repair estimate, we asked why can’t the insurance cover everything then she said it’s because of ”depreciation value” and didn’t expound further. What does she mean by that?


Health insurance be paid by credit card?

Health insurance be paid by credit card?


How much is home insurance for a log cabin in North Georgia?

I’m interested in purchashing a log cabin in the North Georgia mountains. How much would home insurance cost if the home is approximately $160,000?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


I have an insurance question?

I was a passenger in an auto accident, and I am supposed to receive a payout from the drivers auto insurance. However I am concerned whether or not my heath insurance(who paid for my medical bills), will be able to access that money that was offered to me by the auto insurance company. Will they be chasing after the money for reimbursement?


Where to get the best price on event insurance?

Ive been throwing events for awhile now and just recently had a close call in damages to the property so i was wondering if anyone knew of something like a Event insurance company that covers Arizona events?


Average car insurance for 17 year old male?

An average second hand car, In the UK.


What medical insurance companies will not cover sport injuries?

I am writing a report on insurance coverage and sport injuries. I know that most medical insurance will not cover an injury that occurred while playing on an athletic team. I want to know which specific companies and their policies


Is there a life insurance company that insures the mentally handicapped?

Is there a life insurance company that sells coverage for a man with learning disabilities? Thanks so much.


How much would insurance cost for a 16 Y/O Girl with a 1997 Nissan Maxima GLE?

I’m buying a Maxima and I’m turning 17 in February. I plan on getting the car on the road next month and I have a 10% discount from my driving school for taking drivers ed. How much would insurance cost (roughly) per month for a 16 year old girl with a 1997 Nissan Maxima GLE?


Yamaha R6 for starter bike?

So I’m guessing I should get a ninja…would the 650r work out? Or is it the same story as with the r6? I understand the problems with starting out on such a big bike. One more question for the sake of wondering, how would a r6 or cbr600rr work out with someone was afraid to use all the power on the bike and took it super slow?


How much does it cost to start up an aquarium shop?

I am looking to start up my own aquarium business and I was wondering how much it would cost to fit it out. Thanks!


CAN A 17 YEAR OLD GET CAR INSURANCE?

CAN A 17 YEAR OLD GET CAR INSURANCE?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


DO I QUALIFY FOR DISABILITY INSURANCE ?

I HAVE PAID INTO MY DISABILITY INSUURANE FOR MANY YEARS. I RECENTLY LOST MY JOB BUT GOT ANOTHER ONE WORKING ON A AS NEEDED BASIS, NO INSURANCE, NO RETIREMENT. THEY CALL ME IN MAYBE ONCE A WEEK TO COVER. THIS JOB IS HARD MANUAL LABOR AND BECAUSE I HAVE BEEN DOING IT FOR A WHILE MY BACK HAS BEEN DAMAGED. I HAVE CONSTANT PAIN THAT WILL NOT GO AWAY. MY QUESTION IS COULD I GO OUT ON DISABILITY FROM THIS JOB EVEN THOUGH I AM AN ONCALL EMPLOYEE? THANKS


Claiming car/auto insurance. What is ”depreciation value”?

When we were about to claim our auto insurance for repairs for our damaged vehicle, the insurance agent said that we have to pay half the price of the total repair estimate, we asked why can’t the insurance cover everything then she said it’s because of ”depreciation value” and didn’t expound further. What does she mean by that?


Who is the cheapest car insurance provider in Nichigan?

Who is the cheapest car insurance provider in Nichigan?


How come an additional driver isn’t printed on the insurance card?

I was trying to get a part-time delivery job and and I couldn’t be hired regardless of my impeccable driving record. My spouse and I share the car but the car is registered under my name (so is the finance) and my spouse name is listed below mine. So the car registration does show my name. When we bought our insurance, my spouse went to an agency and they shopped the best/cheapest policy for us. We’ve been with them for about almost 2 years now and I’ve always wondered why my name wasn’t listed on the insurance card. Since I’ve been insured and my name has been printed on the policy paper, I’ve never cared much until now. At the job, I was told that my name should also be listed on the card, just as it is in the policy paper. And the name on the policy paper alone cannot be accepted as a valid form of proof of insurance. I was also told that the recruiter has been pretty much all kinds of insurance card but never heard that an additional driver can’t be listed on the card. Now that I look more carefully at the card, it does seem very strange. On the card, it clearly says NAMED INSURED Jane Doe and list my spouse name. If I’m also on the policy and the actual primary owner of the car, why isn’t my name listed? I called the agency but they kept repeating that according to their policy” they don’t list “an additional driver” on the card. Is this normal? Oh


Why is auto insurance so expensive?

I am 17 years old and male, I’m also about 3 weeks from 18. I recently got a quote from Geico on a 97 Ford Explorer and they returned with $280 A MONTH for minimum coverage! My question is: -Are there any other options that would be cheaper than 200? Possibly around $100 to $150? -Would being added to my family’s plan be cheaper? My dad owns a mustang and we also have a Ford Explorer, is Geico going to charge more even if I don’t ever drive the mustang? -What can I do too get a cheaper quote? I can’t afford nearly $300 a month! -I’m almost 18, Male, A Senior in High School, Currently Employed, Have average grades, Never had a DUI, car accident, and never been arrested. I’m not married as well. Any help would be appreciated! Thanks! -Shawn


Is a 2000 Grand Prix gt sedan considered a sports car to insurance agencies?

I want to buy this Grand Prix gt sedan that’s for sale but I can’t afford a sports car car payment it’s my first car will insurance consider it a sports car””


One day late on car payment for progressive?

hey guys im new to the whole real world thing, and for the first time since having my car i am late on a payment for car insurance. Im am under progressive. I thought the 15th (of march) was wednesday but it was on tuesday so im a day late? will the just give me a late fee? Or will i be dropped from coverage? Honestly im kinda freakin out right now? What happens? im new to this. Let me know ASAP!!!! thanks.


cheap car car insurance