If you ask us, we will give you the N.A.D.A. "Blue Book" value of your
vehicle, so you can see whether the insurance company's offer is "in
the ball park". But, as explained above, the insurance company does not
have to pay you the "Blue Book" value of your vehicle anyway (whether
"trade-in" value, "loan" value, or "retail" value). Also, as explained
in paragraph 38, the insurance company does not have to "pay
off" your vehicle. Instead, the insurance company must pay "cash
value" or "market value" depending on which insurance company you use
for your "total loss" claim. (See paragraph 32).
For more information about Vehicles Involved In An Accident in Orlando contact Hanson &
Hanson, P.A. today at 1-800-426-7662 to schedule your free initial
consultation. More information about Orlando Auto Accidents can be
found in the practice areas section of our website.
