In general- payout will be based on the value of the vehicle, minus any applicable deductibles in the policy. Value is determined by make, model condition and mileage for that area of the country. Value guides such as the Kelly Blue Book, the NADA price guide, or similar sales prices in that area.You have a 2023 Humbucker with 76,000 miles, and it gets hit by a Zamboni and totaled. Price guide says it is worth $5,000. If it is your fault, deduct $1,000 (that was the deductible you chose) add in fees for license plates, sales tax.IF you can show that the condition of your vehicle was markedly better than normal, you may be able to argue for a higher payout. I have a 1957 Chevy Bel Air. However, it has been through a frame off restoration, is in showroom condition, AND I CAN PROVE THAT- game just changed.