find a good appraiser then - if you're friends with any good body shops, ask them to hook you up with their contact. The body shop I had my car at sucked ass, but I would have been screwed out of $5,000 if they hadn't let me know about the personal appraisal and hooked me up with his guy.
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I feel your pain, my car was broken into and damaged pretty significantly in april, I just got everything cleared up about 2 weeks ago. Push as hard as you can, and never settle if you're not satisfied.tasty
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Allstate with renters FTW. They gave us more than my GFs camaro was worth ($13k) and $5k for lost items. But theyre fucking me with my claim on an E46 suspension damage right now.Originally posted by bluntComment
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Today I finally received the written offer.
GUESS WHAT. The offer is a single sheet of paper that was written by the independent appraiser in his hand writing. I don't know what to do. Laugh at them, I did. Reason with them, I can't.
May may as well have drawn my car with a crayon on a piece of paper, with word "bam" and an arrow towards my front. WTF.Comment
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Do NOT talk to them on the phone!!! All communication needs to be in writing(email or snailmail). Here's a link to some great info. Although this is specific to Washington State it still has some great information. Good luck.
Steve
'89 332i
'90 M3
'01 530is
'24 MC JCW
'13 ZL1 Camaro
'18 RAM 3500Comment
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That is very helpful. I am gathering all possible information, and been reading tons about insurance claims that are similar. Have a feeling every state uses slightly different terminology also.
Found out that in North Carolina, individual can prepare and adjust their own claim. Do it yourself, with public adjuster, or insurance adjuster. I think 99% of people in NC don't know this (lawyer told me). So tomorrow I am working on that, and have to send it to claims manager, in which case my adjuster gets to look like a complete idiot.Comment
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They offered you $4300? TAKE THE MONEY AND RUN. They are only obligated to give you the retail blue book value of the car so don't push them any more. If you push them too far, they might send the case over to some bean counter who will determine that the car is worth much less. Take the settlement, buy it back (they do it all in the same transaction), and then part it out to get the rest of your investment back.
All I had was liability but the other guy's company (Progressive) gave me a settlement for $3300. I bought it back for $250 and they cut me a check for the difference and gave me a rental car for 5 days. After parting it out and selling the cat and the bottle caps to the recycler I actually made out ahead.Comment
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independent appraiser used NADA, and he ran the "low" value for the car, and then added money for upgrades and said the rest was maintenance. Well if there are $4000 in maintenance, doesn't it make my car in superb shape?
I am having 2 shops to do maintenance and upgrde estimate, of how much it would cost to have everything redone without me lifting a finger. I am using dealership, they are at like $12000 so far (who knew it took 100 hours to replace suspension?) and another shop and they are at $10000.
The scoop is, that I worked at a shop, and everething I got for the car was 20-35% discounted, tax free, and labor free. But I no longer work at a shop, and won't have access to discounts and all the equipment.Comment
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Youre going to fuck yourself, trying to be greedy. Take the $4300, shut up, buy it back, then buy another car. But do as you will.Originally posted by bluntComment
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Hey, I'm in NC, am a licensed insurance agent and have 4 E30 cars and I am trying to figure out what E30 would be worth $6,000?
Two of my cars are Spec E30 race cars and if they were wrecked, I'd take $4,300 and buy it back (a common practice in NC) and move the parts to a new car myself!
Maintenance expected and modifications are rarely paid for. The CONTRACT (yes, a policy is a contract) calls for replacement a "Actual cash value" with "like kind". That means depreciated value and another car like the one you had. No where in the cotract does it say anything about mod's and upgrades.
I'd take the $4,300 and buy another car (one for sale in Winston Salem for $2,800) and move on!Comment
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^^^^Your insurance agent. You just fucked yourself OPOriginally posted by bluntComment
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Originally posted by jflip2002 View Post
Not the case! Besides, your fight seems to be with the other drivers company!Comment
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Sweet, insurance agent. The I have a few questions. Not being greedy or anything, but why is it the adjuster low balls it twice, and and acts like he's doing me a favor all three times. I understand that by now I'm probably squeezing his balls, and it makes him nervous, but isn't it what "good faith" is all about? He should have been level with me from the start. Last time when my other car hit, progressive took care of me, and I had nothing to complain about, why is Allstate such a pain in the ass.
Not to mention the injury claim, between lawyer and insurance I was forced to go to the doctors today, just to chit-chat with nurses and tell them how the pain feels. Very counter productive, I thought, but whatever makes them happy.
As an insurance agent, could you send me NORTH CAROLINA TOTAL LOSS CLAUSE? Or post it, it's usually never that long. I would love to see it and read it, just so I could know what my options are. Thanks Jhall1957 in advance.Comment
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By the way, I do like my insurance agent very much. I actually haven't met an agent who would try to screw me over selling insurance (except for Statefarm, told him how much I paid, and he still tried to get me a policy double the price, saying that it was better for me).Comment
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