Just found out that insurance co. will total our 5'er due to major damage suffered from an encounter with a pot hole. (Okla. roads are terrible!) How will they come up with amount we'll receive? NADA ...
A lot of time they look for like make and model and go with area market value. So, if your model can be had in the market you live for $5000, that's what they will give you. If you have a lien, the lien gets paid first, then you. If you do not think what they are offering, DO NOT ACCEPT their offer.