Well, lets talk this through.
You were going to trade it on a newer car? If it was declared a total loss you’d almost certainly come out better than a trade.
If the insurance company declares it a total you have two basic possible out comes:
- Paid full value, insurance takes car.
- Owner retains salvage (Buys it back)
Assuming its possible to owner retain salvage typically the salvage vendor will search recent sales of similar vehicles with similar damage and provide a figure of what the insurance company would expect to recover for the salvage at auction, that becomes the amount that would be deducted form the settlement to retain the salvage or “buy it back” titling may be no big deal, or complicated (or may make it impossible to keep). Usually in a cross state issue (title in IL, vehicle in NE) the most restrictive would apply (IL appears most restrictive in this case at least on the surface).
But lets talk about if its even totaled?
Its worth what $10,000.00 if its well kept and presentable with no significant damage other than the hail?
So its probably got to hit 7500.00 before you worry about a total. 7500.00 is a pretty big hail estimate, as long as there isn’t broken paint or a bunch of large dents (over half dollar) its probably ok.
The pertinent questions are in absence of broken paint how may dents on each panel and how large are the majority? So for instance it the Hood has 31-50 dents and most of them a nickel (dime, nickel, quarter, half dollar) would cover thats one price, add for each one over half dollar... then on to the roof you say 51-75 and a quarter covers the majority, thats one price...
Check all the moulding, Hondas are notorious and moulding aren’t cheap...
You apparently pay for comprehensive coverage, use it if needed.