What is Allstate insurance salvage value percent?

Answer 1

I've typically heard and read 10%, 15%, or 20%.

However, I just got told the salvage price to keep my minivan is equal to 40% of its value. I think I'm getting ripped because the highest salvage percentage I'd heard until now was 25% --- and that was for a very desirable vehicle.....not an every day minivan.

This is for a 2000 Honda Odyssey in 2011.

I believe they are jacking up the salvage percent because I complained that the adjuster did not give a fair assessment on the condition of my van. Flat lied saying that there were oil leaks (NOT !), transmission in need of repair and slipping (NOT !), etc. Mind you, this man couldn't find the transmission dip stick. I realized that he was never going to find it so I finally told him that it was yellow and it still took him quite a while to find it. And I'm a dumb woman.....

Anyway, I provided maintenance records performed by the dealer for the life of the van and inquired what the salvage amount would be if I decided to keep the van. (It was rear ended rendering the tail gate unusable, but still drivable). Allstate then offered me a few hundred dollars more against the value and then stuck a 40% salvage on it. Interesting how it went from being a piece of sh!t according to the adjuster to having a salvage of 40% of the value.

I've been with them for over 40 years and have had two small claims on auto (12+ years ago) and never a house claim. That's what you get for loyalty, huh?