R56 Wrecked by a Dump Truck
#1
Wrecked by a Dump Truck
Over the weekend a dump truck decided to change lanes and occupy the spot I was in without checking to see if the seat was already taken - that's his bloody tire impression in the pic.
Appraiser came today (independent contractor - he will forward his report to their insurance company). He estimates around 3000.00 in labor for the door and quarter panel + parts, so I'm guessing around 4500.00 or so to fix. Given those numbers, the ins. company will likely try to total it, as NADA and Kelley value is around 3500.00. It goes to the body shop for an estimate March 4.
Having never been in a totaled out accident, a couple of questions for anyone who has been through the insurance two step:
1. I have been reading you can challenge the ins. company's decision to total the car - given that she is running perfectly, I would like to keep it. Anyone been through that?
2. Quarter panel I would not attempt - I imagine I can figure out how to replace a door myself. Any hidden headaches in that procedure?
Thanks!
Appraiser came today (independent contractor - he will forward his report to their insurance company). He estimates around 3000.00 in labor for the door and quarter panel + parts, so I'm guessing around 4500.00 or so to fix. Given those numbers, the ins. company will likely try to total it, as NADA and Kelley value is around 3500.00. It goes to the body shop for an estimate March 4.
Having never been in a totaled out accident, a couple of questions for anyone who has been through the insurance two step:
1. I have been reading you can challenge the ins. company's decision to total the car - given that she is running perfectly, I would like to keep it. Anyone been through that?
2. Quarter panel I would not attempt - I imagine I can figure out how to replace a door myself. Any hidden headaches in that procedure?
Thanks!
#2
#3
#4
So sorry. Looks very superficial to me. I would spend a weekend getting a door from the scrapyard and pocket the rest... Actually, my son and I are looking for a Lemons racer as a father-son project. So in all actuality, I offer you $500 for her. You can pocket the rest of the insurance cash and you are welcome to be an honorable member of the Lemons pit crew!
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Andy_S (02-27-2020)
#5
So sorry. Looks very superficial to me. I would spend a weekend getting a door from the scrapyard and pocket the rest... Actually, my son and I are looking for a Lemons racer as a father-son project. So in all actuality, I offer you $500 for her. You can pocket the rest of the insurance cash and you are welcome to be an honorable member of the Lemons pit crew!
The way it works in S.C. is if the damage repair is estimated to be over 75% of the value of the car, the ins. company can declare it a total loss, cut me a check for the value, and take the car.
If I decide to keep the totaled car, they will deduct the salvage value from the amount they pay me.
I do not want a salvage/branded title - makes it difficult to keep comprehensive insurance on the car but I may have no choice.
As my wife loves this car, the way I see it I can hopefully get the in. company to value the car at around 4500.00 - say they deduct 1000.00 for salvage value, that leaves me with 3500.00. If I can get it repaired for 4500.00 I'm only out pocket around 1000.00 and I have a Mini I know is mechanically sound. It will have a branded title, but as long as my ins. rates don't go up I guess I can live with it.
#6
I need to look in to the whole salvage title designation thing - I should not have to live with a salvage title simply because it costs the ins. company more than the value to repair and the car is repairable to safe condition.
#7
Thanks, that's prob the route I'm going. I have a buddy who is a service writer at a collision center up the coast in Myrtle Beach - once I come to an agreement with the ins. company I'll prob. run it up there and get him to fix her up.
I need to look in to the whole salvage title designation thing - I should not have to live with a salvage title simply because it costs the ins. company more than the value to repair and the car is repairable to safe condition.
I need to look in to the whole salvage title designation thing - I should not have to live with a salvage title simply because it costs the ins. company more than the value to repair and the car is repairable to safe condition.
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macmini34
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