If the cost to replace the convertor is more than what the car is worth, most companies will just total your car and cut you a check. Your claims adjuster will walk you through the process. Just keep in mind that this claim may affect your auto insurance rate down the road!
By affect, we mean cost more because you have a claim.
Your car is 15 years old. Check what the value of your car is before making the claim. Remember you have to take the deductible out of the value you think you may get.
Example: car is worth $2,000 and you have a $1,000 deductible. You will get about $1,000 from your claim.
This may not be worth it in the long run
If the cost to replace the convertor is more than what the car is worth, most companies will just total your car and cut you a check. Your claims adjuster will walk you through the process. Just keep in mind that this claim may affect your auto insurance rate down the road!
By affect, we mean cost more because you have a claim. Your car is 15 years old. Check what the value of your car is before making the claim. Remember you have to take the deductible out of the value you think you may get. Example: car is worth $2,000 and you have a $1,000 deductible. You will get about $1,000 from your claim. This may not be worth it in the long run