So my wife totaled the van, her fault. Basically the amount they are going to pay us (assuming this amount already includes the -$500 for deductible) is a little lower than the trade in value or the value if I were to sell it to a private party. This is my first and hopefully last time dealing with this so I'm a little confused as to how they come up with this. If anyone could shed some light I'd really appreciate it, thanks in advance!
Does anyone work in insurance? Have a question....
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