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 The Total Loss Survival Guide , 2G © Automall Network Inc., 2008, Author Viraf Baliwalla 2
Table of Contents
1.
 
Introduction ......................................................................................................................................32.
 
What is a total loss? .........................................................................................................................33.
 
What is Actual Cash Value (ACV)? ................................................................................................44.
 
What is Market of Loss? .................................................................................................................55.
 
What is Market Factor? ....................................................................................................................56.
 
What is Condition Factor? ...............................................................................................................57.
 
What is Typical Dealer Discount? ...................................................................................................68.
 
What is Take Price? .........................................................................................................................69.
 
How much is my car really worth? ..................................................................................................610.
 
Getting more for your vehicle ..........................................................................................................711.
 
Replacing your vehicle ....................................................................................................................812.
 
Frequently Asked Questions ............................................................................................................9
 
 The Total Loss Survival Guide , 2G © Automall Network Inc., 2008, Author Viraf Baliwalla 3
1.
 
Introduction
The reason you are holding this guide is because your vehicle has just been deemed a total loss by your insurance company.Whether this is the result of an accident or theft, we understand how challenging this time can be for you – especially whenyou add the inconvenience of not having your vehicle anymore.This guide has been created by Automall Network, an independent vehicle buying consultant specializing in total loss claims.Through our website,www.TheyWroteOffMyCar.com, we provide a free consumer support helpline to assist policyholdersdealing with the many challenges of a total loss, including providing a second opinion of their insurance company’scalculations. Through our car buying portal,www.AutomallNetwork.com, we assist consumers and policyholders acquirevehicles at substantial discounts from retail; we essentially do for a car buyer what a real estate agent would do for a homebuyer.Nobody plans for an accident or a theft to happen. And this is probably the first time such a thing has ever happened to you.This guide was written specifically for people in your situation, to help you understand what steps your insurance companyshould have taken to calculate the value of your vehicle.Please Note: The onus is on you, not the insurance company, to ensure that the market value the insurance company hasarrived at is fair.
2.
 
What is a total loss?
Your insurance company will deem your vehicle a total loss if:a. It is involved in an accident and the cost to repair it is close to or exceeds the market value of the vehicle, orb. It is stolen and not recovered within a reasonable period of time.
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