when one of my vehicles got totaled my insurance (state farm) and the
other insurance company (geico) both computed the value about the same
way.  first number was the average resale value from dealers, then the
average resale value from general sales, then  the blue book value,
were all used to calculate the vehicle value.  the problems come when
the vehicle gets to be over ten years old.  then the dealer numbers
drop off (which are the higher numbers) and then you get the blue book
(which is usually low ball) and the general sales figure (which
includes a lot of junk vehicles of low value).  in my case i got lucky
because the vehicle sales values of my vehicle were high in this area.
on other claims with geico i have found that they are generally quicker
to settle than a lot of other companies.
jimt
On Tuesday, Nov 12, 2002, at 15:59 America/Denver, John P. Flaherty
wrote:

> Hi all,
>
> Thought I'd post this question here, as some of you may have dealt
> with a
> similar situation. My son's 1991 Isuzu Stylus was recently totaled in
> an
> accident. It is not covered by collision insurance, but after some
> wrangling, GEICO, the other driver's insurance company, has finally
> admitted
> their insured was at fault, and said an adjuster would contact us
> shortly.
>
> With 149,000 miles on it, the NADA web site listed low, average and
> high
> retail values as $1,200, $1,975, and $2,525 respectively.
>
> Kelly Blue Book had radically lower values of $500 for trade in and
> $1,040
> for private party sale, assuming "good" condition.
>
> So, my question is how much should I expect to get from the insurance
> co?
>
> TIA,
> John Flaherty
> Portland, Maine
> '84 GL
>