My car has definitely been undervalued. I received a report from my insurance company. They seem to have compared 48 different toyota corollas that were sold in the vicinity and have tried to estimate the arithmetic mean of the various selling prices. Only, they seem to have inserted the arithmetic mean the other company has come up with. There is a difference of more than $500. I have only been dealing with my company to run the case for me. I never authorized the other company to evaluate the car and estimate how much it would cost to make up for the total loss. 21st Century Insurance (the other company) seems to have evaluated the cost of the car even before Ameriprise (mine). They have compared some 57 other vehicles that were sold in the recent past and have come up with a number that differs from what Ameriprise has come up with. Only the difference is $500. These insurance comapanies are a big big scam and I am pretty sure they collaborate with each other to ultimately screw you. Nobody really cares if your car is a total loss or not. They are out there to make some money at your expense. I don't know why the hell we all pay insurance if the service is so poor. I guess it could be a lot worse. So may be I shouldn't complain. It's the time that I have to spend on all these things that frustrates me. I have talked to my agent, but I am not sure whether she is going to help me. She is probably going to come back to me and tell me that they won't do anything about it. I should have just hired a lawyer right at the beginning, but as I have mentioned several times, I don't have the time to deal with one more variable - the lawyer. I haven't had any experience. I guess, I have become a loser in the end.
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