Originally Posted by
philosophico
Its not worth that, insurance says its worth $5650. Im surprised the value keeps dropping.
Either way at this point you'll have to get a special endorsement policy where you state what you feel your car is worth. Insurance will only give you a max of 6k if your car was deemed a TL today. This is for a SRT-6 coupe model. I'd imagine the base xf is even worse off.
This is only true if you did nothing at all to question their assessment of the value, and don;t give them evidence supporting your position on its value otherwise. While it's best to get a policy with an "agreed-value" valuation up front, even after a loss, you don't need to get jilted. However, it takes a bit of work on your part.
All you need to do is show the insurance company comparable model and mileage examples with current selling prices and even better, completed sales and closed auction sale-prices, within 500 miles of your zip-code, to show correlating values to negotiate fair reimbursement. Unless you do that, yes, they would solely go off a price-estimating guides and you'll get hosed; and most of those estimating guides defer to the base-model Crossfire rather than the SRT-6, a - because they don't know any better or see a difference. Many of these guides often have no working knowledge of what model names or numbers indicate.