insurance total loss BS

[KiLLeR2001]

Clean title two-tone lives on!

[Extreme Dimensions]

Congrats on the clean title.

My miata is clean title, but really really really shouldn't be lol because racecar.

silvia front end time?

[economix]

Just an idea, and most folks should apply this thinking at least since our vehicles (240s) are significantly under-valued given the work we put into them. Have your car appraised. Grab what receipts you have, work with the appraiser and let them know the time you have into it and anything else you can think of. You'll ultimately pay more to insure your vehicle, but it puts a greater value on your vehicle should you wreck it or you're put into this situation in the future again, you'll be compensated accordingly.

Just a thought moving forward if you don't want that sort of headache again.

[bc.]

Originally Posted by singlecamslam

Alright guys i got an update, my car is staying clean title! She is going to pay me the estimate amount of $1950 and call it a day and i'm happy with that. Thanks for all the advice, heres some pics of damage, like i said very minor. Time for silvia front maybe

Who the fuck appraised that damage to $1950????? Wow. I can't believe she paid you that out of pocket either, it's your lucky fucking day dude, don't spend it all in one place.

[lude4life13]

Originally Posted by economix

Just an idea, and most folks should apply this thinking at least since our vehicles (240s) are significantly under-valued given the work we put into them. Have your car appraised. Grab what receipts you have, work with the appraiser and let them know the time you have into it and anything else you can think of. You'll ultimately pay more to insure your vehicle, but it puts a greater value on your vehicle should you wreck it or you're put into this situation in the future again, you'll be compensated accordingly.

Just a thought moving forward if you don't want that sort of headache again.

This guy knows what he is talking about. Don't wait until an accident to address this issue. Talk about it before and get an appraisal before. I personally put together an 11 page pdf document showing parts etc etc etc for my insurance company (State Farm) and therefore if anything ever happens to the car I will get $8,000 no questions asked. Appraisal companies will put the same thing together for you for a couple hundred dollars.

[economix]

^^^ worth every bit of the extra time and cost IF/WHEN something goes awry ^^^

[singlecamslam]

Originally Posted by bc.

Who the fuck appraised that damage to $1950????? Wow. I can't believe she paid you that out of pocket either, it's your lucky fucking day dude, don't spend it all in one place.

I agree the damage to my car is very minimal, but you have to remember when the insurance company appraises stuff they dont buy parts of CL or junkyards, plus the door and hood would have to be blended with the new paint. KEEP YOUR RECEIPTS EVERYONE, this is very important, keep all your receipts they will help if this ever happens to you.

Agree with the people in this thread, have the car appraised with receipts and you should have no problem with insurance company BS.

Edit: when i say she is paying me, i meant the insurance company is cutting me a check. I would not want someone to pay that much out of pocket.

[Slippin'eight-nine]

Nice! Im glad that worked out for you! Time for some upgrades

[WristWork]

Turned out for the better, silvia front now and lose that poor pignose!

[Future240]

*Puts on Insurance Adjuster Hat*

Zilvia there is a simple way to avoid incidents like this. Find an insurance company that will allow you to insure your car and the parts that are on it. Most companies call it endorsing. Basically underwriting your car for what you paid to have in it***. If your car is worth $2000 and you endorse $5000 worth of parts if an accident happens you have a value of $7000.

Do this and choose the lowest deductible your company has. That way if something happens like it did to OP you can toss them 25-100 bucks and boom no worries about your car being totaled. Then your company will subrogate (go after the other company for your deductible and monies they paid out) the other company and all is good.

Not all companies will do this. Ask you agent/service department whether they will or not.

***Note I said what you have paid for. They won't care if your aero cost $2000 new. If you paid $1000 for it they will most likely consider it's value $1000. Though some companies will haggle it with you.

*Mod hat back on*

[Ramonesfreak2010]

I showed my insurance $10k of receipts and got $5000 back. The accident was my fault. Core support was fucked. I bought a new shell for $800, spent the rest on new parts...

Win/win.

Who cares if you get a salvaged title.

[WristWork]

The person buying your car

[wattupbaii]

Its really simple, you're getting 2k for a salvage tittle. If you decide to sell the car later on you may get a grand less because someone bitching about the tittle but you still got another grand of free money.
Take a plunger to the fender and pull it out, thats not deep. I had a dent in my rear fender that was 8 inches in and i pulled it out with a pulley and a hammer. That aint nothing, dont waste your money on a new fender thats an easy fix.

[FaLKoN240]

My friend that works in insurance/body shop field said for MOST CARS, each panel damaged is going to be roughly 1k.

Buying NEW OEM parts (is expensive, we all know that), then shipping them, paying a shop for LABOR (in Cali = $$$), time, materials, etc. Comes out to about $1k per panel.

[silviasandbeer]

Go buy a lotto ticket!
Its your lucky freaking day!

[Oakville]

nooo sil front...chuki front

[bc.]

Originally Posted by Oakville

nooo sil front...chuki front

^ this guy is drunk, don't listen to him. Sil front and keep it a two-tone.

/end thread

[rawgarage]

damn 1950 for that?

[fliprayzin240sx]

Well, I got a buddy who's about to go thru Hagerty. He said so far he's quoted roughly $680 for 6 months on a 90 Foxbody that he's trying to insure for $12K. If he wrecks, Hagerty will pay him out the $12K. Only catch is this car can't be his DD and thats for 10K miles for the year. Still don't think its bad...if he wants more mileage, he'd pay like $30-40 more/6 months.

[Corbic]

Originally Posted by racepar1

Welcome to the reality of 240 ownership. A scratch on your fender will salvage it. You only have two options:

1: Don't go through insurance. Pay out of pocket and hopefully the person who hit you will be willing to re-inburse your expense. This is not likely as that's what insurance is for and the person who hit you probably won't be willing to pay out of pocket for something their insurance will cover.

2: Let the insurance company salvage it. You can buy the car back off them for waaaayyyyyyyy less than their declared value. Use the leftover money to repair the damage and deal with having a salvage title.

This is how insurance works, you have no other options. The insurance company is not going to change their mind on what the car is worth regardless of what you say...

This is why you need specialty insurance. You can get anything insured for just about anything. They will simply have an auditor evaluate the vehicle and put together a report. However you will pay the going rate for that value.

So yes, you could insure your car at a value of $16k - but expect to pay $160 a month instead of $55.

Originally Posted by fliprayzin240sx

Well, I got a buddy who's about to go thru Hagerty. He said so far he's quoted roughly $680 for 6 months on a 90 Foxbody that he's trying to insure for $12K. If he wrecks, Hagerty will pay him out the $12K. Only catch is this car can't be his DD and thats for 10K miles for the year. Still don't think its bad...if he wants more mileage, he'd pay like $30-40 more/6 months.

bingo.




msg

OP - you sure that car hasn't been wrecked before?

Headlight lids don't match and the headlight brackets are red...

[singlecamslam]

As far as i know the car has never been wrecked, i had it since 07, and i swapped headlight assemblies cause both my motors went out. I've heard of Hagerty, and 10k miles a year isnt bad at all when your cluster doesnt work.

[Moncef]

Originally Posted by singlecamslam

As far as i know the car has never been wrecked, i had it since 07, and i swapped headlight assemblies cause both my motors went out. I've heard of Hagerty, and 10k miles a year isnt bad at all when your cluster doesnt work.

LOL




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