Generally, the percentage used is anywhere from 70% to 80%. This percentage is an insurance industry practice and in most cases is not related to a state law. There are only a few states that require a vehicle be declared a total loss when a certain threshold is met. Most states allow an insurer to repair a vehicle all the way up to 100% of the vehicles value.
Best advice is to contact the Consumer Services Division of the Office of
Commissioner of Insurance at (404) 656-2070. Ask whether GA has a total loss threshold.
If NO Georgia state law threshold you can either file suit against the at-fault diver or agree with the at-fault driver’s ins carriers’ total loss assessment. OR (this could be a better option) you can go to YOUR insurance carrier and ask them to repair the vehicle at the least expensive shop. You will have to pay your deductible, but YOUR carrier will then go after the at-fault carrier, who will then refund you the deductible.
Contact a local personal injury lawyer for more details- most offer free consultations. Good luck.
Richard A. Cruz, Esq.
Sign up to receive a 3-part series of useful information and advice about personal injury law.