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Car Insurance: Estimate Vehicle Value

Estimate the value of his car is fundamental, whether for his car insurance or for sale. In the event of an accident, your insurer will rely on the value of your car to compensate you. It is therefore a question of evaluating it correctly. Because good expertise will allow better compensation.

What constitutes the value of the car
The value of the vehicle thus depends on many elements:

 Age: date of release. Obviously, the older a car is, the less value it has in terms of compensation from the insurance company. Except, of course, your car is collectible.
Mileage: Depending on the number of kilometers displayed on the meter, it is possible to estimate whether the vehicle is used on average or more frequently.
Repairs carried out: if repairs were too old, the value of the car decreases. Do not forget to prevent your car insurance if you change your vehicle. For more information, see our article, Vehicle Modification: Implications for CarInsurance.
The history: first hand or not ... Depending on the age of the vehicle, the insurer applies a coefficient.
The options: if the car is equipped with different options, it obviously takes more value.
Third-party or all-risk insurance
Depending on the value of your car, you can choose to be insured all risks or to the third party. For example, if your car is old and has already undergone some repairs, insure it to the third party is sufficient.

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