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Old 05-15-2014, 05:46 PM   #36
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Join Date: Jun 2012
Location: Frederick MD
Posts: 658
Quote:
Originally Posted by BIGJake111 View Post
In south carolina, repairs exceed 75% of the value, apparently the insurance company wants my car to be worth 10 when its not totaled but watch once it is they will be saying my car is worth 7 haha.
Many companies use 50% if there's a chance of hidden damage. Insurance companies do not like to pay for exploratory surgery, nor do they like to start a repair only to discover hidden damage that jacks the price another 20 percent (which is easy with a $10000 Porsche).
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