Anyone who had their car totalled, please help me out.
Kicking Ass
Joined: Feb 2004
Posts: 4,026
Likes: 0
From: HAAF, GA/RVA
Re: Anyone who had their car totalled, please help me out.
You should push for retail KBB. My insurace gave me retail on my totaled car.
http://www.kbb.com/kb/ki.dll/kw.kc.u...r;cpe&12;NI;C3
You'll only be out a grand then.
http://www.kbb.com/kb/ki.dll/kw.kc.u...r;cpe&12;NI;C3
You'll only be out a grand then.
Thread Starter
no car :(
Joined: Oct 2005
Posts: 28
Likes: 0
From: Hampton, VA
Re: Anyone who had their car totalled, please help me out.
Well, according to them, the scratch on the mirror (Never even saw it) bumped the condition down to good. So I'm just gonna transfer the loan to a personal loan, get the title, buy the car back, and sell of what I can.
Evil Bumblebee
Joined: Oct 2003
Posts: 1,178
Likes: 0
From: San Diego, CA
Re: Anyone who had their car totalled, please help me out.
Originally Posted by SHOFEAR94
****The way it was explained to me, my insurance will pay me at first, then they go after the other guy's insurance to cover their costs. He's 100% legally at fault and has a court date on the 9th for reckless driving.****
This doesnt make any sense unless the other insurance company is denying the claim. This is called subrogation, where YOUR insurance has to settle a claim directly with the AT FAULT driver insurance and getting you paid for anyways. Even so, you may not get $7800 because its not the insurance company who has to pay for a bloated loan balance. I paid $600 for GAP insurance on my $31,000 car, well worth it.
This doesnt make any sense unless the other insurance company is denying the claim. This is called subrogation, where YOUR insurance has to settle a claim directly with the AT FAULT driver insurance and getting you paid for anyways. Even so, you may not get $7800 because its not the insurance company who has to pay for a bloated loan balance. I paid $600 for GAP insurance on my $31,000 car, well worth it.
HOORAY FOR GAP!! Its a must if your buying a car off the lot these days! These days with cars getting jacked left and right and inconsiderate fucks going around and hitting peoples cars and not claiming responsibility, its nice knowing that if the car is totalled or declared total loss your covered!
Registered Member
Joined: Jul 2005
Posts: 88
Likes: 0
Re: Anyone who had their car totalled, please help me out.
Originally Posted by Paul
Why is your insurance company paying for your vehicle if you where rear ended? If you where hit from behind, shouldn't be his/her fault?
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