quote:The reason is because of the "totalled out" issue at over 40%.
Not my experience.
My 'accident' in 2511 resulted in an estimate of about $31K with a $42K policy.
My State Farm claims adjuster shared their usual totaled % mark was 70%. They wound up paying, without a whimper, about 78%.
But as Doug pointed out, there is a point where the car is totaled, and a higher insured value will help you stay away from that issue.
Larry