This car was scrapped in a car accident. How is the insurance company valued?

After the accident, the insurance company first evaluates the residual value of the vehicle, mainly according to the service life of the vehicle, and the vehicle has depreciation expenses every year. When the residual value of the vehicle is lower than the maintenance fee, the insurance company cannot compensate the maintenance fee, but only compensates the residual value of the vehicle after scrapping it.

For example, after calculation, the current value of the vehicle is 60,000 yuan, but the loss of the vehicle caused by the accident is very serious, and the maintenance cost should reach 70,000 yuan, then the insurance company will directly ask for the premium vehicle and then compensate 60,000 yuan.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.