So a couple weeks ago, we had a nasty storm roll through, and the area where I work received some of the worst of it; ~ 10 minutes of hail. Everything in the parking lot was showing some damage, including my non-sunroof 318is. Super. The paint is rough on the horizontal surfaces of the E30, so it's difficult to see the damage, but I figured hey; I have full-coverage insurance for a reason. Get it checked out now, so I'm not paying $xxx more out of pocket next year when I repaint the car.
Set up an appointment with Geico, swing it in.. $2600 damage estimate
Of course they come back, state the car will be a total loss due to the damage, and they'll get back to me in a couple days with options. They send over the full damage report and comps (in which they comp'd my car to an e36 318is), and they value my car at a whopping $2200. I submit 27 pages of receipts from work performed in the last 12 months (over $4k), plus *actual* comps of other '91 318is's for sale currently, most of which are between $4400-$7k, and in comparable condition/mileage. The response? "Okay, your car is worth ~$2350."
I will not give up the car for any reason, so I've been given two options; proceed with the claim, pocket $1200 and keep my car, albeit now with a salvage title. Or cancel the claim entirely, keep my title clean, and deal with the damage myself down the road.
I'm fairly certain I can get a lower estimate for repair than what was provided. There would be no point in having the hood and trunk lid PDR'd; just replaced with good condition used units, and then the damage on the roof corrected.
The adjuster is pushing for my answer immediately; he obviously wants to close the claim. I feel no need to oblige them in that regard. Do I have any other recourse here? Get and submit a lower damage estimate? Any potential benefit in dragging this out further, aside from annoying someone at the insurance company?
Any input/advice is appreciated!
Car in question:
Set up an appointment with Geico, swing it in.. $2600 damage estimate
Of course they come back, state the car will be a total loss due to the damage, and they'll get back to me in a couple days with options. They send over the full damage report and comps (in which they comp'd my car to an e36 318is), and they value my car at a whopping $2200. I submit 27 pages of receipts from work performed in the last 12 months (over $4k), plus *actual* comps of other '91 318is's for sale currently, most of which are between $4400-$7k, and in comparable condition/mileage. The response? "Okay, your car is worth ~$2350."I will not give up the car for any reason, so I've been given two options; proceed with the claim, pocket $1200 and keep my car, albeit now with a salvage title. Or cancel the claim entirely, keep my title clean, and deal with the damage myself down the road.
I'm fairly certain I can get a lower estimate for repair than what was provided. There would be no point in having the hood and trunk lid PDR'd; just replaced with good condition used units, and then the damage on the roof corrected.
The adjuster is pushing for my answer immediately; he obviously wants to close the claim. I feel no need to oblige them in that regard. Do I have any other recourse here? Get and submit a lower damage estimate? Any potential benefit in dragging this out further, aside from annoying someone at the insurance company?
Any input/advice is appreciated!
Car in question:
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