How Does Insurance Determine The Value Of A Totaled Car? 
Market value -LRB- what others would pay for same car -RRB- with plus or minus depending on features , condition of vehcle , age , mileage -LRB- thats a big one -RRB- , type of car , quality of car , car been wrecked or under water ... As much as they cost now I recommend that you always get REPLACEMENT COST COVERAGE and you get GAP COVERAGE . ALSO , GET EXTENDED WARRANTY FROM THE DEALER . I have been involved in these issues so many times that I still sit down and cry like a baby . People get it in the back so many times just because they are ignorant of coverages that are available to them ... shame shame agents and shame shame tightwad idiots 