2016 Lexus IS 200t F Sport
Insurance Offer $13,750 my write off settlement $17,350 26% Increased Settlement
2024 Chevrolet Trax 1LT
Insurance Offer $17,150 my write off settlement $20,900 22% Increased Settlement
2025 Toyota Camry LE Hybrid
Insurance Offer $23,950 my write off settlement $28,500 19% Increased Settlement
2018 Toyota Tundra Limited
Insurance Offer $33,350 my write off settlement $40,000 20% Increased Settlement
2023 Chevrolet Malibu LT
Insurance Offer $13,800 my write off settlement $17,000 23% Increased Settlement
Kansas Total Loss Threshold: What 75% Doesn’t Decide
The Kansas total loss threshold is 75% of what your vehicle was worth immediately before it was damaged, and it comes from K.S.A. 8-197(b)(2)(B). What most explanations leave out is how narrow that rule is. It reaches only vehicles from the current model year or newer, plus the six before it, it specifically excludes cosmetic […]
Virginia Total Loss Threshold: What the 75% Rule Governs
Virginia has no 75 percent rule that forces an insurer to write your car off. Nearly every page ranking for the Virginia total loss threshold says otherwise. The number is real and it does appear in the Code, but it governs narrower situations: recovered stolen vehicles, and the DMV paperwork that follows when you keep […]
2022 Dodge Durango GT
Insurance Offer $22,000 my write off settlement $27,500 25% Increased Settlement
Iowa Total Loss Threshold: What the 70% Rule Really Decides
The Iowa total loss threshold is 70% of a vehicle’s fair market value before it was damaged. That number decides one thing, and it is not the thing most people think. It decides whether the state brands your title. It does not decide whether your insurer totals your car. Iowa Code 321.52 sits in the […]
Is a Total Loss Payout Taxable? What the IRS Tests
Almost never. A total loss payout is taxable only when the settlement is more than your adjusted basis in the vehicle, which for an ordinary personal car is essentially what you paid for it. Cars lose value, so the settlement is almost always far below that number, there is no gain, and there is nothing […]