<human>: I recently switched my car insurance. Before I switched, I asked a lot of questions, and they were all answered. Among these questions were, A: How is the value of my vehicle determined in the event of a total loss accident? And B: Can I, instead of counting on my insurance company to decide what my vehicle is worth, state a value for my car to be used for repair and loss assessment?

The answer to A was that the company would use Kelly Blue Book to assess the value of my vehicle. This answer is why I asked question B. My agent allowed me to enter a stated value for my vehicle as I had hoped ($5000). The reason I was not happy with a KBB evvaluation is because I am a mechanic, and have done lots of work to this truck. KBB won't reflect that.

My problem starts with a recent car accident. I, unfortunately, totaled my 4Runner. Now the claims adjusting department is telling me 2 things. 1: They evaluated the value of my car based on other similar vehicles for sale in my area and are offering me $1500. And 2: The $5000 value entered in my policy is not reflective of the value of my car, but rather a maximum amount that they would pay. Why would I set a maximum on my own policy?

I don't know what to do. My insurance agent lied to me about the product they were selling me, and now after my wreck, I feel like I have no choice but to eventually decide that anything they give me is better than nothing.

Give me the gist of the text in a nutshell
<bot>: Insurance agent lied about coverage when I signed up. Crashed my truck and being offered less than 1/3 of the value I thought it was insured to.