- #140 of 196
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Re: Vehicle Should be Totaled [lilgto]
by cccompson
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Jan 17, 2007 (5:50 pm)
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Replying to: lilgto (Jan 17, 2007 10:09 am)
Tom, the formula (percentage of value to declare it a total loss) used varies somewhat by carrier. I've seen as low as 65% and as high as 85%. The model of vehicle may well affect the calculation as well - the insurer will be selling it if totaled and some cars are more in demand than others. Your daughter's car doesn't sound like it has much appeal as a "builder" for someone down the line. However, it would be good for parts. The initial damage estimate seems a bit low if the damage extended into the roof.
To "make sure" your daughter gets her desired result, she may have to give a little somewhere in the process.
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- #141 of 196
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Re: Vehicle Should be Totaled [cccompson]
by lilgto
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Jan 18, 2007 (9:21 am)
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Replying to: cccompson (Jan 17, 2007 5:50 pm)
Thanks for the response and yes that initial estimate to me is low.
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- #142 of 196
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The Insurance Companies don't care!
by isellhondas
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Jan 18, 2007 (11:50 am)
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They deal with people every day who demand their cars be totaled or they want more money than the ins.companies are offering on cars that ARE totalled.
They don't care and they won't listen. They will tell you to take them to court.
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- #143 of 196
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Re: Vehicle Should be Totaled [lilgto]
by dtownfb
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Jan 18, 2007 (1:16 pm)
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Replying to: lilgto (Jan 18, 2007 9:21 am)
Is it possible to get another estimate? The car is only worth about $7500.
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- #144 of 196
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Re: Vehicle Should be Totaled [dtownfb]
by lilgto
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Jan 19, 2007 (9:33 am)
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Replying to: dtownfb (Jan 18, 2007 1:16 pm)
That is what we are working on now but according to the bank the NADA retail is around 12,000.00 and basically that is the price we have been finding around the area, which is strange because that is almost what she paid for it new...
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- #145 of 196
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8,200 dollars worth of damage to Saturn Ion 2 2006
by kierra
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Jan 28, 2007 (10:50 pm)
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My insurance company must have a really high percentage rate that they work with for deciding whether a car is worth repairing or not. I had an accident recently which was my fault due to a lack of driving experience (I'd had my license less than a month on the day of the accident). I did 8,200 dollars worth of damage to my Saturn Ion but my insurance has decided to repair and not total the car.
Ultimately it's up to them what happens but that car was worth 12,000 at the most due to it being an automatic with a lot of extra options (former rental car) so it's really scary to think that I'm going to be driving this car again after it sustained so much damage. It's at a really reputable body shop and the insurance plus the body shop have said that I won't be able to tell the car has been in an accident once it's repaired but it's still scary.
Anyone had that much damage done to their car and had no major problems after the repair? I'm not going to fight them to total the car but I wonder if maybe they should have. I should have the car back next week.
picture: http://img.photobucket.com/albums/v60/starladustangel/carwreck.jpg
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- #146 of 196
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Re: 8,200 dollars worth of damage to Saturn Ion 2 2006 [kierra]
by lilgto
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Feb 13, 2007 (9:45 am)
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Replying to: kierra (Jan 28, 2007 10:50 pm)
As for problems after the repair, I really do believe there will always be problems because so many body shops today just want to get it in and out as quickly as they can. It will also depend on how "picky" you are when it comes to flaws, noise, etc. We had a vehicle that was vandalized about a year ago and now there are flaws starting to show up in the paint. Same way with another vehicle we had repaired years ago, about 4 years after the repair the lower quarter panel started to rust which is due to the "used" replacement quarter the body shop installed. Best of luck to you...
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- #147 of 196
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Re: 8,200 dollars worth of damage to Saturn Ion 2 2006 [kierra]
by explorerx4
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Feb 13, 2007 (7:06 pm)
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Replying to: kierra (Jan 28, 2007 10:50 pm)
you may want to ask your insurance company about problems you find in the future.
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- #148 of 196
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Re: 8,200 dollars worth of damage to Saturn Ion 2 2006 [explorerx4]
by lilgto
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Feb 14, 2007 (9:31 am)
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Replying to: explorerx4 (Feb 13, 2007 7:06 pm)
In most cases insurance companies will cover the repairs only if it was repaired by one of their preferred vendors. In any case it is the constant headache of having your car in a repair facility...
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- #149 of 196
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Re: 8,200 dollars worth of damage to Saturn Ion 2 2006 [lilgto]
by explorerx4
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Feb 14, 2007 (6:49 pm)
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Replying to: lilgto (Feb 14, 2007 9:31 am)
when i had one of my vehicles repaired at the 'preferred vendor' out of state, due to the location of the accident, the local guy was able to finish up what should have been done in the first place, and correct the additional damage done at the first repair facility, no questions asked.
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