...my insurance give me? On Monday night (10pm) my car was stolen. It's now Wednesday afternoon and no news on where it is. I have two questions:
1) It is a 2007 Mazda CX-7 Grand Touring edition (Kelley Blue Book value is about $18500 +/-). In great condition, low low miles. Is this a car that is likely to be chopped up and sold for parts? It is all factory with no after market add-ons. Or is this a model that will be taken as far away as possible and sold? I'm just trying to figure out what the likeliness of finding it is.
2) If the car is not found, which Kelley Blue Book value will my insurance give me? I have full coverage through one of the larger companies (State Farm, All State etc....not Geico). The trade-in value is down around $14,800 and retail is $21,000. What will I likely get?
I would love to hear from an insurance agent or someone who has been in the same situation!!! Thanks
.
1) It is a 2007 Mazda CX-7 Grand Touring edition (Kelley Blue Book value is about $18500 +/-). In great condition, low low miles. Is this a car that is likely to be chopped up and sold for parts? It is all factory with no after market add-ons. Or is this a model that will be taken as far away as possible and sold? I'm just trying to figure out what the likeliness of finding it is.
2) If the car is not found, which Kelley Blue Book value will my insurance give me? I have full coverage through one of the larger companies (State Farm, All State etc....not Geico). The trade-in value is down around $14,800 and retail is $21,000. What will I likely get?
I would love to hear from an insurance agent or someone who has been in the same situation!!! Thanks
.