My car was hit while park I'm currently going through the insurance of the person who hit my car. Kbb value on my car is $2200 and I got an estimated on auto body and in they say is $2900 to repair. Will the insurance repair it.. I have 2000 civic 128k miles
StephenWeinstein
No. Insurance is never allowed to pay more than the car value. If the total cost for all the repairs is more than the value of the car, then the insurance is not allowed to pay for any of the repairs. The only thing that they can do is to total the car and then either (a) pay only the car value and take the car, or (b) pay the car value minus the salvage value and let you keep the car.
Bryan
Unlikely they will repair it. It's called being "totaled". The insurance adjuster will decide what your car is worth, and pay you that. they will keep your car. it is sometimes possible to negotiate a higher payment than the first one offered by the insurance company, but you will need reasons why you think you should be paid more.
jon_mac_usa_007
Of course not, If the book value of your car is $2,200 and the repairs cost more than $2,200 then you will only get $2,200. It doesn't matter if your car is a Honda or a Lambo you will never get more than the book value of your car.
Anonymous
No, they won't repair a vehicle if the repair cost exceeds the value. They will declare it a total loss.
?
You get paid the book value, the insurance company takes the car and auctions it off.