BUSINESS + ECONOMY

Is your car more likely to be totaled during the winter?

Jan 12, 2024, 8:00 PM

Cars drive through a snowstorm in Salt Lake City on Jan. 10, 2024....

Cars drive through a snowstorm in Salt Lake City on Jan. 10, 2024. With used car prices high and winter making roads dangerous, is your car more likely to be totaled by insurance companies after a crash? (Marielle Scott, Deseret News)

(Marielle Scott, Deseret News)

SALT LAKE CITY — With used car prices still high and winter weather making roads more dangerous, is your car more likely to be considered totaled by insurance companies after a crash?

According to Alex Meade with Miller Insurance Group, car value has gone up around 52% since 2020. He said he’s seen a slight bump in total losses. However, it’s not as simple as we think.

“It’s shifted … because the values have gone up,” he said. “Typically, vehicles aren’t totaled until they reach a certain percentage of [their] value. That value varies by company.”

Meade has seen anywhere from 75% to 90% of the total value depending on the company. Factors to be considered are the inflation of prices of parts, shop labor and availability of those parts.

So the answer is- it depends on how bad the wreck is, but snowy roads increase the risk.

Keep reading:

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

A white Jeep crashed into a building in Ogden after the driver experienced a medial issue and lost ...

Curt Gresseth

Car crashes driving up cost of auto insurance

Replacement costs, inflation labor shortages, and more car crashes are all pushing up the cost of auto insurance.

3 hours ago

a hockey stick shown, utah may get a nhl stadium...

Adam Small

Utah lawmaker asks for $1 billion for an NHL stadium in Salt Lake City

To fund an NHL stadium in Utah, Salt Lake City's sales tax rate would go from 7.75% to 8.25% if the bill is approved.

6 hours ago

Image of an AT&T cell tower, as many AT&T customers report they are part of a massive outage....

 Melissa Alonso and Brian Fung, CNN

AT&T customers report a massive outage, disrupting phone service across America

AT&T acknowledged that it has a widespread outage but did not provide a reason for the system failure.

12 hours ago

United Airlines aircrafts are parked at Newark Liberty International Airport in Newark, New Jersey,...

Ross Levitt, Pete Muntean and Samantha Delouya, CNN

United to resume non-stop service from US to Israel

United Airlines said it will resume flights from the United States to Israel beginning in March.

13 hours ago

Shane Romano and Sami Sowers take a rest in the shade at Sunnyside Park in Salt Lake City, Tuesday,...

Mark Jackson

SLC Council considering proposal to lease section of neighborhood park to University of Utah

SLC Council is considering a proposal to lease a little over an acre of Sunnyside Park to the University of Utah for a new baseball stadium.

1 day ago

boeing logo...

Associated Press

Boeing ousts head of 737 jetliner program weeks after panel blowout on a flight over Oregon

Boeing announced the departure of Ed Clark, who had been with the company for 18 years.

1 day ago

Sponsored Articles

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

front of the Butch Cassidy museum with a man in a cowboy hat standing in the doorway...

Bear Lake Convention and Visitors Bureau

Looking Back: The History of Bear Lake

The history of Bear Lake is full of fascinating stories. At over 250,000 years old, the lake has seen generations of people visit its shores.

silhouette of a family looking over a lake with a bird in the top corner flying...

Bear Lake Convention and Visitors Bureau

8 Fun Activities To Do in Bear Lake Without Getting in the Water

Bear Lake offers plenty of activities for the whole family to enjoy without having to get in the water. Catch 8 of our favorite activities.

Wellsville Mountains in the spring with a pond in the foreground...

Wasatch Property Management

Advantages of Renting Over Owning a Home

Renting allows you to enjoy luxury amenities and low maintenance without the long-term commitment and responsibilities of owning a home.

Clouds over a red rock vista in Hurricane, Utah...

Wasatch Property Management

Why Southern Utah is a Retirement Paradise

Retirement in southern Utah offers plenty of cultural and recreational opportunities. Find out all that this region has to offer.

Is your car more likely to be totaled during the winter?