Register or Log In To remove these advertisements. |
|
|
|
Thread Tools | Display Modes |
07-08-2017, 07:53 PM | #26 |
Who Changed This?
Join Date: Jan 2013
Location: Simi Valley, CA
Posts: 10,327
|
Re: Insurance woes after hit and run
That baloney about using out of state values is just that- baloney. They're ram rodding you. Get more prices from your area, and don't back off of them.
I just want to know how that Cruze cruised away after a hit like that? Wild.
__________________
~Steven '70 Chevy 3/4T Longhorn CST 402/400/3.56 Custom Camper Simi Valley, CA |
07-08-2017, 09:08 PM | #27 |
Senior Member
Join Date: Jan 2009
Location: sparks, nevada
Posts: 1,879
|
Re: Insurance woes after hit and run
Here's the cruze
|
07-09-2017, 02:05 PM | #28 |
laying low
Join Date: Mar 2001
Location: Searcy, Ark. USA
Posts: 13,122
|
Re: Insurance woes after hit and run
That car ought to be wadded up like a pretzel after hitting the blazer.
I agree with trying to hang onto your K5 if you can. It looks like a solid truck. Have you talked to your insurance agent at all about how this is proceeding? I know they aren't liable but he can offer some valuable advice as to how you should proceed and what you might can expect the other insurance company to pay or suggest an outside adjuster for his advice. Also ask him about where those vehicle average prices should be pulled from. Things like that. You could also call your state's insurance commission as a last resort. Don't expect them to get involved in your case but you could ask them if you are being done right. They are there to oversee the insurance industry in your state. I hope you get it fixed soon.
__________________
Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross |
07-09-2017, 07:53 PM | #29 |
Registered User
Join Date: Nov 2011
Location: Sheffield, ALA
Posts: 2,471
|
Re: Insurance woes after hit and run
Even with liability insurance, if you have another vehicle with full coverage, same agent, talk to him about this
|
07-09-2017, 11:18 PM | #30 | |
Who Changed This?
Join Date: Jan 2013
Location: Simi Valley, CA
Posts: 10,327
|
Re: Insurance woes after hit and run
Quote:
__________________
~Steven '70 Chevy 3/4T Longhorn CST 402/400/3.56 Custom Camper Simi Valley, CA |
|
07-12-2017, 01:10 PM | #31 |
Senior Member
Join Date: Jan 2009
Location: sparks, nevada
Posts: 1,879
|
Re: Insurance woes after hit and run
Update. Allstate, his insurance, has declared my mine totaled. Body shop wanted $5700 for new bedside, axel, spring pack, wheel etc. this exceeded the 65% of the $8200 value. The body guy says do not retain lawyer as it will be "tied up for two years." I've hired an independent appraiser, they won't even look at my comp sales from eBay. Will let you all know soon.
|
07-12-2017, 01:41 PM | #32 |
Registered User
Join Date: Dec 2007
Location: Southern CA
Posts: 210
|
Re: Insurance woes after hit and run
You do not have to accept their "totaled" finding. Their job is to protect their insured from a lawsuit. Figure out your total repair cost versus real market value. Small claims is up to $10k dollars no lawyer needed. Sue the insured.
Judges in small claims are fact based not policy based. Show the pics, show the values, provide the repair cost, and provide full readout of your interactions with the ins company. You will win.
__________________
71 C-20 Custom Camper California Truck |
07-14-2017, 04:23 PM | #33 |
Senior Member
Join Date: Jan 2009
Location: sparks, nevada
Posts: 1,879
|
Re: Insurance woes after hit and run
Allstate sucks. The total loss officer called today. They value my blazer at $8350. Buy back is $1800. They say it is totaled due to panel replacement. I hired an appraiser who valued it at $13000. This was the adjusters advice and it cost $300. Now they say since I'm the claimant, 3rd party and not the insured, I cannot appeal or arbitrate and my appraisal is no good. They do not look at auctions to establish value so the two comps they found are it. I'm lawyering up I want to avoid the salvage title. In Nevada salvage vehicles cannot be registered unless rebuilt and inspected by dmv shop. Cannot be sold except to dmv approved salvage yards. There are hundreds of salvage vehicles for sale on Craigslist so I don't get the " felony to sell salvage vehicle to private party." There's value even if I buy it for 1800, I'm sure I could sell it for 4000ish or pull 402/t400 axels, sell seats, top, wheels etc to recoup money.
|
07-14-2017, 09:42 PM | #34 |
Registered User
Join Date: Jul 2017
Location: Ankeny, Iowa
Posts: 36
|
Re: Insurance woes after hit and run
I applaud you for being able to keep your cool. I hope everything works out for you.
|
07-15-2017, 10:11 AM | #35 | |
Registered User
Join Date: Feb 2016
Location: Murphysboro Illinois
Posts: 119
|
Re: Insurance woes after hit and run
Quote:
|
|
07-15-2017, 11:25 AM | #36 |
Registered User
Join Date: Apr 2011
Location: Klein Texas
Posts: 3,852
|
Re: Insurance woes after hit and run
What Mr Myers says. Accepting their offer and keeping your Blazer shouldn't change the status of the title. (unless Nevada does things differently)
I had something similar happen to my '67 Nova. I got rear ended by a kid in a new Mustang. I eventually parted out the car but I got nowhere with offers from his insurance company.
__________________
My Classics: '72 K20 Suburban + '65 Dodge Town Wagon '72 Corvette Roadster +'67 Corvette Roadster '73 Z-28 Camaro '63 Ford SWB Uni Pickup '50 Ford Coupe |
07-15-2017, 12:25 PM | #37 | |||
Registered User
Join Date: Jul 2012
Location: PNW
Posts: 73
|
Re: Insurance woes after hit and run
Tell the adjuster, "No problem, just replace the vehicle. If you can find one in like condition with like equipment for that number, go ahead, because I sure can't." That may direct the conversation back toward real world replacement value. IMO, the important thing to focus on is that you're buying and selling vehicles in the real world, in your part of the country, NOT on a computer program, NOT thousands of miles away where market conditions and vehicle conditions are vastly, vastly different.
Quote:
Quote:
Quote:
A few calls to the state insurance division confirmed that they were not playing fair. When I mentioned to the Progressive adjuster that I had been checking their methods with the state and was prepared to file a formal complaint if this didn't get resolved fairly and quickly, they stopped playing games. As mentioned, all parties were insured by Progressive. I told the adjuster several times that they would lose our business if they failed to treat us fairly. That didn't motivate him, but the threat of formal complaint sure did. And we no longer purchase insurance over the phone or internet. http://doi.nv.gov/Consumers/ Good luck!
__________________
'85 Jeep J20 OMFT (old man fishing truck), 66K original miles - all the good Chevy/GMC stuff around here was taken! Last edited by DarkMonohue; 07-17-2017 at 09:39 PM. |
|||
07-15-2017, 12:42 PM | #38 |
Registered User
Join Date: May 2011
Location: Reno Nevada
Posts: 379
|
Re: Insurance woes after hit and run
Here is what I know from dealing with insurances. If they total the vehicle and you both agree to buy it back . DO NOT LET THEM HAVE THE TITLE ! All the time , they will just deduct the amount from the total and pay you the difference and you retained the title .
If you have receipts for parts installed on the vehicle in the past year , they also will have to reimburse you for those costs. Vic |
07-17-2017, 12:55 PM | #39 |
Senior Member
Join Date: Jan 2009
Location: sparks, nevada
Posts: 1,879
|
Re: Insurance woes after hit and run
So,this is how it was just explained to me. It is Nevada state law that if an insurance claim is over 65% in repairs excluding paint, the vehicle is totaled. The body shop is legally bound by insurance fraud laws to inform the state and insurer. The title will be salvage unless it is rebuilt and inspected and then can have "rebuilt" on title. I asked for,a,payout just under 65% to repair it and keep title clean. They said no that's fraud. I am giving them my title but pretty sure I don't have to the state will deem it salvage and send me a replacement title.
So now I can take the $8350 buy it back for $1800 and part it out (cannot legally sell a salvage vehicle in Nevada). I would have to recoup the $1800 to make it worth it. Seats, radio not original. Rear axle is damaged. Front d44 has auto hubs, even the top has some repair needed. I might buy it for the 402 and tranny and put it in another project |
07-17-2017, 01:42 PM | #40 |
Senior Member
Join Date: Jan 2009
Location: sparks, nevada
Posts: 1,879
|
Re: Insurance woes after hit and run
Good news. Dept of Insurance says they are full of it. Told me to file complaint. They must negotiate regardless of their policy and might be required to replace my blazer with comparable one.
|
07-17-2017, 04:32 PM | #41 |
Rottenwood Garage Member
Join Date: May 2005
Location: Marietta, Georgia
Posts: 4,321
|
Re: Insurance woes after hit and run
Get three real quotes and then an attorney.
DO NOT EXCEPT THE CHECK!!
__________________
2004 Chevrolet Suburban C1500 2001 Chevrolet 2500HD Crew 6.0 1999 Harley Davidson Electra Glide 1972 Chevrolet C-20 Custom Camper "Dump Truck" 1972 Chevrolet C-20 Suburban "Big Green" 1969 Chevrolet C-50 Wedge Hauler "Leonidis" 1966 C-10 2x4 short fleet 327 4 speed "Race Truck" 1952 Plymouth Cranbrook "Rican" (my grandfathers) 1931 Ford Model A Coupe "Black Beauty" 1930 Ford Model A truck "Club Cab" 4x4 Rottenwood Garage and Speed Shop.....where everything must be racy! It's not just a hobby..It's a LIFESTYLE!!! Thanks for nothing Barrett-Jackson You cant fix stupid or teach accountability! Time wasters, looky Lous and tire kickers are everywhere! |
07-17-2017, 05:42 PM | #42 | |
Who Changed This?
Join Date: Jan 2013
Location: Simi Valley, CA
Posts: 10,327
|
Re: Insurance woes after hit and run
Quote:
I'm curious. Did the guilty party get charged with hit and run?
__________________
~Steven '70 Chevy 3/4T Longhorn CST 402/400/3.56 Custom Camper Simi Valley, CA |
|
07-17-2017, 06:46 PM | #43 |
Senior Member
Join Date: Jan 2009
Location: sparks, nevada
Posts: 1,879
|
Re: Insurance woes after hit and run
Well, not sure if he was charged. I'm sure it was dui but his parents answered his door and said he wasn't home and they weren't sure were his girlfriend lives. He's 36. Typical of small town, three weeks later the police report still was not done. I've been out of town and will try again tomorrow.
|
07-30-2017, 11:42 PM | #44 |
Registered User
Join Date: Jul 2014
Location: Olathe, KS
Posts: 384
|
Re: Insurance woes after hit and run
Any update? Hopefully its in the shop and on the way home
|
08-02-2017, 01:43 PM | #45 |
Senior Member
Join Date: Jan 2009
Location: sparks, nevada
Posts: 1,879
|
Re: Insurance woes after hit and run
Update
Insurance has offered 10500 up from 8200. My appraisal came back at 13500. I'm gonna try and squeeze an extra 1000 out of them so I can buy it back and still net close to 10k. It will have a salvage title so I may part it or sell it or fix it up and get a rebuilt title just not sure if I can do the work myself and have state approve that it is roadworthy. I could have the shop fix it for like 6000-7000 and they would apply for the rebuilt title. Not sure if parting is worth the trouble. For 1800 buy back, I'd keep the 402/ turbo 400. Other than that I could sell hood fenders, winch bumper, doors, top etc. seats not original. I bought it for 7500 so I'm torn as I don't think I could find a replacement for 10500. What do you think I could sell it for outright with salvage title? |
08-02-2017, 07:42 PM | #46 |
Registered User
Join Date: Jul 2014
Location: Olathe, KS
Posts: 384
|
Re: Insurance woes after hit and run
If you can get the work done for 6772.00 it should put you at 64% and they can't make it a salvage title even more wiggle room if they go up on value 1k more
|
08-02-2017, 10:14 PM | #47 |
Registered User
Join Date: Mar 2013
Location: Marquette michigan
Posts: 828
|
Re: Insurance woes after hit and run
Mrtoni, ask for proof that states upon issuance of check that they legally now own your vehicle! You own it, you keep it. Ask for the policy that states this situation. One precaution though, if/when you accept a check, ask in advance if you will be 1099'd for a taxable income as you would then be responsible for the taxes on the amount of the check. Ask lots of questions BEFORE hand.
Ask me how i dodged high insurance costs raising kids turning into drivers! Ask me how my wife and i avoided being liable for what my kids do driving! It's easy and doesn't cost a thing, and saves gobs of money! |
08-02-2017, 11:50 PM | #48 |
Senior Member
Join Date: Jan 2009
Location: sparks, nevada
Posts: 1,879
|
Re: Insurance woes after hit and run
The title issue varies state by state. I've looked into this and spoken to the state and my body guy. It's my blazer and they won't steal it but once it's declared a total loss a new title is issued that says salvage. The question is whether it exceeds the 65% threshold.
|
08-03-2017, 12:56 AM | #49 |
Registered User
Join Date: Feb 2004
Location: brownfield texas (west texas)
Posts: 1,936
|
Re: Insurance woes after hit and run
I just put $30000 replacement cost classic car insurance on my truck (full coverage) $268 a year through NCM
__________________
The Ghost 67 short wide full custom. 550 hp LSX, 4l80E, narrowed 9". Body dropped w/air ride! ........................ ___ .........________//__{\_____ ,,,,,,,/__(⊙)___//___/__(O)_/ @disciple2.rc 💪instagram💪 LED TAILS |
08-03-2017, 01:11 AM | #50 |
Moderator
Join Date: May 2007
Location: Southern Cal
Posts: 19,996
|
Re: Insurance woes after hit and run
Do you drive it daily and park it on the street?
__________________
1972 C/10 Cheyenne Super SWB. Restored, loaded, slammed. 1968 C/10 50th Anniversary LWB. Unrestored, stock, daily driver/work truck. RIP ElJay RIP 67ChevyRedneck RIP Grumpy Old Man |
Bookmarks |
|
|