|
Author
|
Topic: Buddy getting screwed by insurance, any advice?
|
BCINGUU
¯
Member # 2397
|
posted
 
 
My buddy got rear ended by some lady when he was exiting a parking lot.
The damage is to the taillight, the housing, and the hatch.
She is insured. However, they now want to declare his car a total loss. They are offering him $3800 and he will get a salvage title for $500. This is a very clean Fox and I think this deal is bogus.
IMO the other party's insurance should pay whatever the cost required to put the car back the way it was, regardless of its value. but he called his own insurance and they told him it is normal to pay off the cost of the car and give salvage title.
If somebody rear ended me in my 93 Cobra, I wouldn't want their insurance offering me blue book!
What are his options?
--------------------
93 Cobra #4563 347ci 12.0@118 505rwhp 524tq
90 GT "Saleen Cobra" style convertible 347ci
67 GT "Eleanor" style coupe 347ci
Posts: 1425 | From: San Jose, CA | Registered: Jan 2003
| :
|
|
essasin
¯
Member # 4741
|
posted
He could claim his own insurance and see what they can do. His insurance will just go after the responsible party.
Posts: 2402 | Registered: Jul 2004
| :
|
|
FoRdGiRl
¯
Member # 6279
|
posted
IF THE DAMAGES ARE MOER THEN THE VALUE OF THE CAR(BLUE BOOK VALUE) THEN THEY SOMETIMES DO THAT BUT IF NOT THEN THEY SHOULD REPAIR IT DOESNT SEEM LIKE NE FRAME DAMAGE TO CAUSE A TOTAL LOSS
--------------------
Creativity is allowing yourself to make mistakes. Art is knowing which ones to keep.
Posts: 1881 | From: rescue | Registered: Dec 2005
| :
|
|
|
|
69grandecj
¯
Member # 5794
|
posted
The other party's insurance does not have to pay to repair the vehicle. They only pay the value of the vehicle, less salvage, and if it is lower than the estimate they'll total it. May suck but that's they way it has always been.
His best bet now is to try to prove to them that his car is worth more. Needs to find some comparable cars selling for more than he has been offered. The offer though doesn't seem too bad for a driver.
Also the damage doesn't seem like it would be $3000. Did they not find a used hatch or can't repair the one on the car?
[ May 23, 2007, 12:02 PM: Message edited by: 69grandecj ]
--------------------
1969 Lime Gold Grande 428CJ 1 of 37
1969 Indian Fire SportsRoof
1989 Black GT Convertible 22k miles
2006 F-250 PSD Lariat CC
Posts: 203 | From: Tracy | Registered: Jun 2005
| :
|
|
Pure Stang
¯
Member # 7251
|
posted
i dont think 3800 is a bad price..... the truth you would be lucky to get that in the streets.... but anyways it is not a total loss the most in damage is 1000
--------------------
HEART BREAKER
R.I.P Willie Guzman (5ltrsvt) you will be missed brother.
04/24/87 - 11/23/2012
90 lx 347 RIP
86 gt
89 lx- next project
Posts: 6497 | From: San Jose | Registered: Nov 2006
| :
|
|
venomous99
¯
Member # 1917
|
posted
rule of thumb: if your fox is valued much more than market value get the car appraised and insured at the updated appraised value. i know hindsight is 20/20. i insured my fox for 10k just in case something stupid happened to it beyond my control.
--------------------
MKII Q7
89LX
Posts: 4811 | From: dc | Registered: Oct 2002
| :
|
|
Wolfie351
¯
Member # 651
|
posted
Get three quotes for a repair but do NOT tell the body shop it's an insurance deal. Just say his girlfriend accidentally backed into it or something. Submit those three quotes to the insurance company and let them choose which, of those three shops, to go to.
But, like others have said, unless it's REALLY clean and/or low miles, $3800 sounds reasonable to me
--------------------
1985 Mustang GT: 351W, Griggs, Baer, etc etc
Posts: 1214 | From: South Bay | Registered: Dec 2001
| :
|
|
BCINGUU
¯
Member # 2397
|
posted
Thanks guys, I passed all this along to my buddy.
Sounds like all of us here would be pretty much screwed in the same situation.
--------------------
93 Cobra #4563 347ci 12.0@118 505rwhp 524tq
90 GT "Saleen Cobra" style convertible 347ci
67 GT "Eleanor" style coupe 347ci
Posts: 1425 | From: San Jose, CA | Registered: Jan 2003
| :
|
|
1FAST89GT
¯
Member # 5071
|
posted
were did your buddy get tht car?
Posts: 4915 | From: VALLEJO | Registered: May 2004
| :
|
|
BCINGUU
¯
Member # 2397
|
posted
I don't know, he's had it for a long time. Just put a bunch of money into it too.
--------------------
93 Cobra #4563 347ci 12.0@118 505rwhp 524tq
90 GT "Saleen Cobra" style convertible 347ci
67 GT "Eleanor" style coupe 347ci
Posts: 1425 | From: San Jose, CA | Registered: Jan 2003
| :
|
|
Email this post to someone!
Printer friendly view of this Ford topic
