Generally speaking, assuming fault of a 3rd party, there are 3 property damage items you might be able to recover: (1) cost of repair/value of vehicle; (2) loss of use/rental, and sometimes, (3) loss of value of vehicle if it has been wrecked. In regards to (1) if the vehicle is not considered a total loss, then you recover the reasonable cost to repair your vehicle. if the cost to repair the vehicle is more than the fair market value of the vehicle at the time of loss, then your vehicle would be considered is a total loss and you would be entitled to the fair market value of your vehicle at the time of loss.
Answered on Mar 05th, 2014 at 4:52 PM