The amount that insurance will pay for a totaled car depends on various factors such as the current market value of the vehicle, the make, model, and condition of the car, and the policy coverage. The insurance company will typically use industry standard resources such as the Kelley Blue Book or the National Automobile Dealers Association (NADA) Guide to determine the value of the vehicle. If the policyholder has collision coverage, the insurance company will pay the policyholder the actual cash value of the vehicle up to the policy limits, minus any applicable deductible.