What are the typical depreciation schedules used by major insurers when calculating actual cash value payouts on total loss claims for new sedans?
Download run
Fan-out diagram
The searches the AI actually ran for this prompt.
SEED QUERY
What are the typical depreciation schedules used by major insurers when calculating actual cash value payouts on total loss claims for new sedans?
2 real searches · 1 real-search pass
major auto insurers actual cash value total loss valuation depreciation schedule comparable vehicles methodology CCC Mitchell AudatexGoogle ↗
OBSERVEDReason
Illinois insurance total loss actual cash value vehicle valuation regulation depreciation condition mileage comparable vehiclesGoogle ↗
OBSERVEDComparison
Badge and edge weight = share of passes that produced the query. Hover a query for its intent and routing format.
Query classes
Google's semantic query class for every sub-query: what kind of answer each search is after, simulated vs real.
ChatGPT real searches (2)
Classes come from the query-classifier (a local Laya model). 2 of 2 calls are low-confidence (under 50%) — hover a query in the table to see its confidence.
Searches and sources
ChatGPT2 real searches · gpt-6
major auto insurers actual cash value total loss valuation depreciation schedule comparable vehicles methodology CCC Mitchell Audatex Google ↗
Illinois insurance total loss actual cash value vehicle valuation regulation depreciation condition mileage comparable vehicles Google ↗
- Car Depreciation Calculator - Trade-In Value and Resale Value · kbb.com
- A consumption measure for automobiles : Monthly Labor Review : U.S. Bureau of Labor Statistics · bls.gov
- Ill. Admin. Code tit. 50, § 919.80 - Required Claim Practices - Private Passenger Automobile - Property and Casualty Companies | State Regulations | US Law · law.cornell.edu
- ADMINISTRATIVE CODE · ilga.gov
- Total Loss Auto Claims with Your Insurance Company · idoi.illinois.gov
- Filing a Claim with Your Own Insurance Company · idoi.illinois.gov
- Williams et al v. State Farm Mutual Automobile Insurance Company, 1:2022cv01422 - Document 224 (N.D. Ill. 2024) :: Justia · law.justia.com
Queries
2 queries · click a column to sort
| Query / type | Search | Intent | Query class | Routing format | Cluster | Freq ↓ | Weight |
|---|---|---|---|---|---|---|---|
major auto insurers actual cash value total loss valuation depreciation schedule comparable vehicles methodology CCC Mitchell Audatex OBSERVED | Google ↗ AI Mode ↗ | — | Reason | — | — | 1x of 1 | |
Illinois insurance total loss actual cash value vehicle valuation regulation depreciation condition mileage comparable vehicles OBSERVED | Google ↗ AI Mode ↗ | — | Comparison | — | — | 1x of 1 |