Free Total Loss Value Calculator

Total loss value, also called fair market value (FMV), is the amount your vehicle was worth immediately before an accident. Insurance companies use this to determine your settlement when a vehicle is declared a total loss. It's based on the vehicle's year, make, model, mileage, condition, and local market factors.

Our calculator uses advanced AI and current market data to provide estimates within typical industry ranges. However, this is an informational estimate only. For insurance claims or legal proceedings, we recommend getting a certified, court-ready appraisal from SnapClaim's professional appraisal services.

Key factors include your vehicle's year, make, and model, current mileage, overall condition (excellent to poor), local market demand in your ZIP code area, recent comparable sales, and any unique features or trim packages. Higher mileage and poor condition reduce value, while excellent condition and low mileage increase it.

This free estimate is for informational purposes and helps you understand your vehicle's approximate value. While useful for initial negotiations, insurance companies typically require certified appraisals for official claims. SnapClaim offers certified, court-admissible appraisal reports specifically designed for insurance claims and legal proceedings.

Actual Cash Value (ACV) is your vehicle's fair market value minus depreciation—what your car was worth before the loss. Replacement cost is what you'd pay to buy a similar vehicle today. Total loss settlements are typically based on ACV, which is what our calculator estimates.

After using our free calculator, click 'Get Certified, Court-Ready Report' to access SnapClaim's professional appraisal services. Certified reports include detailed market analysis, comparable vehicle data, condition documentation, and are court-admissible for insurance disputes and legal proceedings. Perfect for maximizing your total loss settlement.