My car was Totaled in a Wreck What Can I expect?

Question: I have a 2006 Ford Fusion SEL with 101,000 miles and its Kelly Blue Booked at 5100$ , My deductible through allstate is 1000$ and I have bodily, comprehensive, liability and property damage coverage. So the deductible is 1000$ and i hit a fence when my car rolled over, no one else involved, so that will still meet my deductable. So I will most likely get a 4100$ (+/-) check right? Secondly If I have Personal Umbrella insurance with just Bodily and Property will that not give me more money to buy another car? I bought the car for 12,000$ and 4100$ won't help much

The KBB value might be close to what you'll get, but only kind of close. Insurance companies either send a professional appraiser to assess the value of the car (in fixed condition) or they use a program similar to kbb.com but way more specific.

The values you get from kbb.com are a quick-quick reference to get a general idea, not the actual value of your specific vehicle. Insurance companies, because of what they do for a living, do everything the hard way and are always as specific as possible. They don't like what-ifs and unknowns, so they eliminate them where and whenever they can.

Second Part: Your personal umbrella, bodily injury and property damage coverage are part of your Liability coverage, which absolutely does not cover damage to your property. It only covers your legal responsibility (called liability, which is probably why the coverage is called that) loss or damage to other people or their property. Since you can't sue yourself (people have tried, it's not allowed), you can't claim your vehicle damage under your liability coverage. It will cover the damage to the fence, though.

Your car is only worth what it's worth, and no amount of insurance coverage can change that. You might have spent $12K buying it, but it sure as hell didn't have over 100,000 miles on it when you bought it. So it doesn't matter what you spent all those years and miles ago, it only matters what the vehicle is worth now.

Umbrella insurance is for your liability for what you do to someone else. It will not give you money to replace your own car. However, it will pay for the damage to the fence, if it's someone else's fence (not yours) and your regular car insurance isn't enough to cover the damage to the fence.

You will not be compensated more than your vehicle is worth, regardless of how much you owe on it. Unless you have collision coverage, your insurance isn't going to cover your car.

There will be two separate claims here. Your liability coverage will cover the damage you did to others property. Your collision insurance will pay to repair or to total your car less your $1,000. Deductible. If your car is deemed totaled by your insurance company you will receive "Fair market value" for it, less the $1,000. Deductible. What you receive has ABSOLUTELY nothing to do with what you owe on the car or your deductible. I have never heard of an umbrella policy that will pay for your personal injuries. Normally, a umbrella policy is just for liability and will kick in only if and after your car liability limits are exceeded.

It is nobody Else's fault that you apparently were "upside down" on your car. (You borrowed more that the car was worth). That was your mistake.

The dollar sign ($) goes before the amount, not after it.

When evaluating your claim, add sales tax and title transfer fees. Your claim is the market value, less your deductible.
Shop for similar used cars to see what are the asking prices. Sometimes Kelley is misleading. Try www.cars.com, Edmunds or dozens of other sites featuring used cars.
A few years ago I wrecked my vehicle. The adjuster offered $6,000 based on his used car price analysis. We eventually settled on $9,000. I was able to show his analysis was way off.

Car worth $5,100 that is what you get for the car Minus the $1,000 Deductible so yes you get a cheque for $4,100. Car sorted as you get no more for the car regardless. It will also pay for the fence

Andy C

I hope you did not purchase this 2006 for $12,000 and 101,000 miles on it recently?

So, if vehicle is worth $5,100, they pay the lender $4,100 and you pay $1,000, your deductible.

If for instance, you have a loan balance that is MORE than $5,100, then you will owe that also.