what percent is total loss liberty mutual auto insurance

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PostPosted: Mon Feb 25, 2008 7:26 am   Post subject: what percent is total loss liberty mutual auto insurance  

ALABAMA

tchrist24
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PostPosted: Tue Feb 26, 2008 7:48 am   Post subject:   

Well, I've seen how their Gap insurance works from their online glossary (though I'm not sure of the relevancy of this data with respect to your topic):



Quote:
Provides coverage, in case of a total loss, for the 'gap' between the amount due under the terms of the vehicle's loan/lease and the actual cash value of the vehicle at the time of the loss. Please note that there are vehicle eligibility requirements and the coverage may not be available in your state. Please contact your Liberty Mutual Sales Representative for more information .




Now, this is what they have to say in this regard! So, you know for more you need to call up your broker.

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PostPosted: Tue Feb 26, 2008 7:55 am   Post subject:   

Hi, for Liberty if the vehicle is not repairable, their total-loss specialist would definitely arrive at a fair market-value. It is also his duty to help you achieve another vehicle. Hope this helps in cooling things for the moment Smile

all the best for your case..



Turnaroundguy33


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PostPosted: Tue Feb 26, 2008 8:52 am   Post subject: New car Replacement Program  

All having said..



..I've some thing to covey in connexion to this. suppose you have a new car which got totaled, will Liberty replace it? Yes, they will & that too with no cost attached with its depreciation. Yes, but all of this would come to you in the form of their 'New car Replacement Program', a program for cars which are less than an year old. Such cars would also need to have a mileage level lower than 15,000 miles & brand new (not belonging to someone earlier). Hope this gets clearer now.. awaiting more from ur side..Rothin$$baldwin


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PostPosted: Tue Feb 26, 2008 11:14 am   Post subject:   

Good morning tchrist24





We wouldn't have access to the percentage of automobile insurance total losses that Liberty Mutual settles in AL. if that is the question you are asking...as it appears. All ins companies have a criteria. Basically if the cost of repair exceeds the actual cash value of the vehicle minus it's salvage value it is a total loss.

If this is not your question please re-phrase it.



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