If your insurance company declares your vehicle a “total loss,” it means they’ve determined the cost to fix it exceeds its actual cash value, or is damaged past the point of repair. Depending on where you live, state laws may determine the baseline at which a car can, or should, be declared a total loss. In this video, Mike and Danny talk through some tips to help navigate the settlement offer process. From maintaining possession of your vehicle until you’ve reached an agreement, to researching the basis of the offers made, you want to make sure you put yourself in the best position to replace your damaged vehicle with something comparable to what you had. You also want to make sure you address any of your personal data that is stored in the vehicle, before you release possession.

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