Request the valuation report
Ask for the written valuation, comparable vehicles, condition adjustments, mileage, trim, and equipment details. Check for factual errors and keep the supporting records.
Compare like with like
A trade-in value, private-party estimate, dealer asking price, and insurance valuation are different measures. Use vehicles with similar location, mileage, trim, and condition when gathering comparisons.
Separate the vehicle value from your loan
The amount owed on a loan is a separate number. Review your policy and loan documents, and ask the insurer to explain any deductible or other adjustment in writing. The worksheet helps organize your figures; it does not determine what an insurer owes.
General educational information. No attorney or medical review is claimed. For advice specific to your circumstances, consult a qualified professional.