re: OT Car Insurance Claim Question

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where do they come up with these salvage values?

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There's a formula to it based on what the car's normal blue book value would've been if it was in good condition.

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Any recommendations from insurance pros on how you would handle?

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Take the check for the total loss and use that money to go find your daughter another car. The cost to repair could end up being a lot higher than the original $7200 estimate once the shop starts taking the car apart, and when you try to sell the vehicle in the future it won't be worth as much and could be more difficult to sell due to the salvage title.