What is a fair mileage adjustment auto insurance Valuation?

What is a fair mileage adjustment auto insurance Valuation?

The insurance company has gave me a list of 30 cars like mine within a 500 mile radius. They chose two cars out of the 30 to compare my car too. The problem is, there is a huge mileage difference: My car had 130k miles The comparables they used have 45k and 50k miles That's like an 80k difference. They took $2,265 off my ACV just for the difference. Is that fair? I don't get why they didn't just find a car with similar mileage to mine when there were plenty available. Why did they choose the two cars with the lowest mileage and then deduct 2 grand? When they could have easily picked two similar cars with at least 100k miles , and deducted a lot less for the difference.

 

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I am switching insurance now and I know their are some ratio's like 50/100/50 and such. My wife and I are on a real budget. She does not drive now, so would not be part of the quote at this time, but we don't want to get the lowest just to have a horrible accident and pay so much. What is a good ratio or something to find. I am in my upper 20's if that helps.

 

 

Auto and House Insurance...what to ask!?

I'm a first time auto and house insurance buyer....yipee (NOT!) As I shop around for prices, I find each of the policies vary so much. What are some key questions I should be asking? What are the things I should be inquring about which will greatly affect the future with this insurance? In other words, to those of you who have had experience with insurance policies, what do you find most important in having on your policy? How do I make sure I'm well covered?? Thanks!!!

 

 

If Affordable Care Act is tossed by SCOTUS what happens to those under 26 & on their parents insurance?

Simple question. Will employers go back to the old max age which was usually 19? Or will they stick with the new 26 since that transition has already been made, and millions of young adults only have insurance because of the new max age. Love or hate the rest of obamacare. I usually can't find anyone that thinks its a bad idea to let kids just trying to get a foothold on life to be on their parents insurance.

 

 

How much would it cost for insurance for a 17 year old male with a jeep?

Its a 1998 cherokee sport and we live in arknansas. The jeep is a dark green color.

 

 

What is the best and cheapest homeowner's insurance in canton georgia?

What is the best and cheapest homeowner's insurance in canton georgia?

 

 

What is the cheapest insurance for a Full-Coverage 2009 Hyundai Sonata?

i just need a cheap insurance for a 2009 Hyundai Sonata.. moving out to my boyfriends house and looking for something thats going to save me some money please anything will help :) Thanks

 

 

Motor/Car Insurance Database.?

I have Bought my insurance with a company over the phone/online. I was just wondering how long it will take for the insurance deatails to get onto the MID As i need to tax the vehicle. Thank you!

 

 

How much does health insurance cost in the States - on average?

How much does health insurance cost in the States - on average?

 

What is a fair mileage adjustment auto insurance Valuation?

The insurance company has gave me a list of 30 cars like mine within a 500 mile radius. They chose two cars out of the 30 to compare my car too. The problem is, there is a huge mileage difference: My car had 130k miles The comparables they used have 45k and 50k miles That's like an 80k difference. They took $2,265 off my ACV just for the difference. Is that fair? I don't get why they didn't just find a car with similar mileage to mine when there were plenty available. Why did they choose the two cars with the lowest mileage and then deduct 2 grand? When they could have easily picked two similar cars with at least 100k miles , and deducted a lot less for the difference.

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