Re: OT: Insurance Advice
 

Must have got lucky with my Alfa - bought it back for 250 quid. That really
pissed the insurer's garage off; they had started dismantling parts in
anticipation, and I demanded them all located and put back. Got the car
repaired properly for less than the writeoff payout, got it inspected and
certified by a government inspector, reinsured with the same insurer, and
ran it for a good few years afterwards !


Dave Milne, Scotland
'91 Grand Wagoneer, '99 TJ
"Mike Romain" <romainm@sympatico.ca> wrote in message
news:40DA1778.456AC904@sympatico.ca...
> So you can get the write off and buy it back for 35%?
>
> That sounds pretty normal.
>
> You can have a third party appraisal done. It has to be a certified
> company that the insurance companies trust. That costs about 50 bucks
> around here and is worth it in lots of cases.
>
> That $2500 difference is the difference between wholesale and retail in
> the (one) book, the replacement is wholesale or 'market' value in the
> insurance company's book....
>
> Other than that mention the taxes, you have to pay them again for a new
> vehicle so are entitled to them on the old one. Seriously, it is legit
> and they know it, they just don't offer it unless asked.
>
> Mike
> 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> 88 Cherokee 235 BFG AT's
>
> Shamus in CO wrote:
> >
> > Figured I'd tap the Great Fountain of Knowledge I've always found here
at
> > RAMJ+W for this one.
> >
> > 2 weeks ago my car, a '97 Subaru, got pummeled by hail here in Colorado.
> > Luckily, the Rigg was under cover getting some work done, phew. The car
is
> > still very drivable, just looks a little like a red golf ball. My
insurance
> > totaled it. CCC Valuescope, a third party appraisal company, determined
the
> > "fair (HA!) market value" and came up short IMHO. Ol' #7 has one with
many
> > more miles on his lot for $2500 more than my InsCo wants to give me. I
want
> > the car as it'll run for another 10yrs/100k easy, it's paid for, has
under
> > 60k, and *was* in great shape. So now my InsCo wants THIRTY-FIVE
PERCENT
> > off the top as a salvage deductible!
> >
> > Now, CCC has a great standing with InsCo's, but not with the public.
> > Class-action lawsuits, etc.
> >
> > In my eyes, I'm gettin' SKREWED!
> > Can anyone offer me any realistic ideas to get them to loosen the old
purse
> > strings??
> > We're only talking about near a grand, but that'll buy a lot of parts
for
> > the Rigg.
> >
> > TIA
> > Shamus

Re: OT: Insurance Advice
 

Must have got lucky with my Alfa - bought it back for 250 quid. That really
pissed the insurer's garage off; they had started dismantling parts in
anticipation, and I demanded them all located and put back. Got the car
repaired properly for less than the writeoff payout, got it inspected and
certified by a government inspector, reinsured with the same insurer, and
ran it for a good few years afterwards !


Dave Milne, Scotland
'91 Grand Wagoneer, '99 TJ
"Mike Romain" <romainm@sympatico.ca> wrote in message
news:40DA1778.456AC904@sympatico.ca...
> So you can get the write off and buy it back for 35%?
>
> That sounds pretty normal.
>
> You can have a third party appraisal done. It has to be a certified
> company that the insurance companies trust. That costs about 50 bucks
> around here and is worth it in lots of cases.
>
> That $2500 difference is the difference between wholesale and retail in
> the (one) book, the replacement is wholesale or 'market' value in the
> insurance company's book....
>
> Other than that mention the taxes, you have to pay them again for a new
> vehicle so are entitled to them on the old one. Seriously, it is legit
> and they know it, they just don't offer it unless asked.
>
> Mike
> 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> 88 Cherokee 235 BFG AT's
>
> Shamus in CO wrote:
> >
> > Figured I'd tap the Great Fountain of Knowledge I've always found here
at
> > RAMJ+W for this one.
> >
> > 2 weeks ago my car, a '97 Subaru, got pummeled by hail here in Colorado.
> > Luckily, the Rigg was under cover getting some work done, phew. The car
is
> > still very drivable, just looks a little like a red golf ball. My
insurance
> > totaled it. CCC Valuescope, a third party appraisal company, determined
the
> > "fair (HA!) market value" and came up short IMHO. Ol' #7 has one with
many
> > more miles on his lot for $2500 more than my InsCo wants to give me. I
want
> > the car as it'll run for another 10yrs/100k easy, it's paid for, has
under
> > 60k, and *was* in great shape. So now my InsCo wants THIRTY-FIVE
PERCENT
> > off the top as a salvage deductible!
> >
> > Now, CCC has a great standing with InsCo's, but not with the public.
> > Class-action lawsuits, etc.
> >
> > In my eyes, I'm gettin' SKREWED!
> > Can anyone offer me any realistic ideas to get them to loosen the old
purse
> > strings??
> > We're only talking about near a grand, but that'll buy a lot of parts
for
> > the Rigg.
> >
> > TIA
> > Shamus

Re: OT: Insurance Advice
 

Must have got lucky with my Alfa - bought it back for 250 quid. That really
pissed the insurer's garage off; they had started dismantling parts in
anticipation, and I demanded them all located and put back. Got the car
repaired properly for less than the writeoff payout, got it inspected and
certified by a government inspector, reinsured with the same insurer, and
ran it for a good few years afterwards !


Dave Milne, Scotland
'91 Grand Wagoneer, '99 TJ
"Mike Romain" <romainm@sympatico.ca> wrote in message
news:40DA1778.456AC904@sympatico.ca...
> So you can get the write off and buy it back for 35%?
>
> That sounds pretty normal.
>
> You can have a third party appraisal done. It has to be a certified
> company that the insurance companies trust. That costs about 50 bucks
> around here and is worth it in lots of cases.
>
> That $2500 difference is the difference between wholesale and retail in
> the (one) book, the replacement is wholesale or 'market' value in the
> insurance company's book....
>
> Other than that mention the taxes, you have to pay them again for a new
> vehicle so are entitled to them on the old one. Seriously, it is legit
> and they know it, they just don't offer it unless asked.
>
> Mike
> 86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
> 88 Cherokee 235 BFG AT's
>
> Shamus in CO wrote:
> >
> > Figured I'd tap the Great Fountain of Knowledge I've always found here
at
> > RAMJ+W for this one.
> >
> > 2 weeks ago my car, a '97 Subaru, got pummeled by hail here in Colorado.
> > Luckily, the Rigg was under cover getting some work done, phew. The car
is
> > still very drivable, just looks a little like a red golf ball. My
insurance
> > totaled it. CCC Valuescope, a third party appraisal company, determined
the
> > "fair (HA!) market value" and came up short IMHO. Ol' #7 has one with
many
> > more miles on his lot for $2500 more than my InsCo wants to give me. I
want
> > the car as it'll run for another 10yrs/100k easy, it's paid for, has
under
> > 60k, and *was* in great shape. So now my InsCo wants THIRTY-FIVE
PERCENT
> > off the top as a salvage deductible!
> >
> > Now, CCC has a great standing with InsCo's, but not with the public.
> > Class-action lawsuits, etc.
> >
> > In my eyes, I'm gettin' SKREWED!
> > Can anyone offer me any realistic ideas to get them to loosen the old
purse
> > strings??
> > We're only talking about near a grand, but that'll buy a lot of parts
for
> > the Rigg.
> >
> > TIA
> > Shamus