Auto Insurance Claims: claim settlement, contrary to popular belief, car volvo

Question
i was rear-ended, my car was totalled-i bought my car -volvo '93-for 3400 6 months ago-her insurance co is offering 1570 as a settlement-is there anything i can do to increase my payment?

Answer
You will have to show that other vehicles that are the same model, mileage, condition and with same equipment have sold in recent months for more money.  These comparable vehicles will need to be in your market area.  If you have recent major repair receipts, they may be taken into consideration as well.  If your vehicle has prior damage, the insurance company has the right to deduct the appropriate amount for that damage.  

What they owe you for is the actual cash value.  Contrary to popular belief, this is not the Blue Book or NADA value.  Those numbers are generally suggested retail prices for a fully reconditioned vehicle sitting on a dealer lot.  They are only suggested asking prices and the only cars that are actually sold for those prices are at the lots that specialize in poor credit risk customers.  Though they may project a price for a car, the projection is not based on actual sale prices and doesn't reflect the private market.

Without knowing every detail about your vehicle, I cannot say if what they have offered is accurate.

Good luck!