Crashed Car Question

depending on your state, there's sometimes rules about "being reasonable in trying to mitigate expenses". be careful there. i had that same shit with my rental because i got creamed on a sunday evening, nothing was open except BWI airport. so that car rental even for a piece of trash econobox was expensive as fuck. they wanted to swap it out with me for a cheaper one and wanted me to take off work from DC and all types of shit to bring it to them. i had to get real dickish to make them arrange to do a swap with me from another rental office so that i was burning less of their money. they DID threaten me with causing unreasonable costs, to which i said fuck you, your client caused me unreasonable headaches. but still eventually i swapped. you can't just go rent a Ferrari and then throw them a bill and shit or drag it out to unreasonableness. just be careful is all i'm sayin.

 

Take the money

 

Shit happens, dude. If she found a good deal on a car before, she can take the $8K and try to go do it again. If the $8K is comparable for the used market for the model and year of her car, the insurance company is being totally reasonable (IMO). Same reason "new car replacement" insurance exists. No one cares what you paid for it - they care what it's worth.

What he said. It's not the insurance company's fault that your daughter had the nicest and purtiest and most beautifulest used Lexus in the whole land.

 

This. 100%. My Honda Pilot Touring is in PERFECT shape, but it has 185,000 miles on it. If it's ever involved in an accident, it'll get totaled and I won't be able to replace it for what I get.

 

I went through this when a cement mixer ran over my Excursion (story for another day). In the end I had to make peace with what the insurance company did. I could have made them do everything perfectly, but at what cost in emotional energy and time lost? If you are fussing about a few thousand dollars here, I'd just move on with my life.

 

I'd think the dealership could find her a 10 year old 100K+ mile IS250 for under $8K without even trying.

 

No one has mentioned a yeller Ferrari yet?

 

All good...the dealership she works for is hooking her up with a loaner


cyclops x men wallpaper

 

Nice loaner!!!! Too bad it isn't a stick, although I don't even know if Porsche makes the RS in stick any longer?

 

Even the cheapest rental available will motivate them to settle ASAP, it adds up quickly.

 

Does she only get the tach?

 

Gee.... Think about all those people you hit, and she hit, who had to get thier shit fixed or replaced through no fault of THEIR own.

 

No. It is their responsibility to reimburse her for the cost of her vehicle - that is the implicit social contract whereby every driver is required to have liability insurance on their vehicle. Just like 80% of the population thinks they're above average drivers, it's a similar number who thinks their car is special and blue book is really undervaluing what their special little snowflake car was worth.

If shit happens to you, it's not the insurance company's job to give you over market value for your shitbox. People thinking it is contributes to why we're the most litigious society the world has ever seen. How about "ugh, an accident happened but I'm healthy and the insurance company is quickly giving me replacement value for my car" vs "I wonder how much me and some scumbag ambulance chaser can finagle out of the insurance company and cost EVERY OTHER CUSTOMER MORE MONEY BECAUSE OF IT". This is why we spend hundreds of billions a year on lawyers and all of our insurance rates are way too high (there's also executive comp and other things that get real dungeon-y real fast, but for simplicity's sake we'll chalk it up to frivolous claims).

 

Ok just remember this and you can decide how to deal with insurance company.
There was absolutely nothing wrong with your daughter's car before their client ran into it.
Why should your daughter be out anything when she didn't have a hand in any of this.
I'd tell insurance company to replace it with a vehicle like she had with similar miles and shape.
That makes them realize what she had has more value than they are willing to give.
Also remind them that you are not friends and there is no need to give the insurance company a break or the person who hit her.
Tell them what you want exactly and that this is not a negotiation but a demand.
Then tell them that next person to contact them will be a lawyer.
Me personally I'd record all contact with them on phone or emails.
They will strong arm you if you let them.
Glad your daughter is ok also.
But your are correct and should not take what you're given.
It's not their property to dictate what you should value it or what you should do with it.
Wish you all the best and hope your daughter doesn't have any long term problems with wreck.

Steven

 

I had a friend who drove and loved his ancient Honda crx. The insurance company have him like 1500 bucks for it. KBB. So he went out and actually found one just like it for 1500 from a used car dealer. He took it home and started tearing into it with a mechanic friend. They took it back to the used car dealer within the 30 day warranty period (state law or some such) with a list of like 5k in work it needed.. He was basically told to fuck off. He worked on it for about a year before taking it in at the time for an element. Haha

 

they wont pay for replacement value so, unfortunately you need to get as much as you can. settle the car, and the injuries SEPARATELY! Run your own value, comps with an internet search so, you know what is fair. if you dont have figures to rebut your request for more than the offering of the insurance provider, you are basically pissing up a rope. they wont go with "because this is what we think it is worth". also, if you have done any recent maintenance, or upgrades, updates (services, tires, stereo, ceramic coating, rust proofing etc...) provide those and the receipts to the provider, it may add value.

and finally, if you decide to bluff them with "ima get me a lawya" be prepared to NEVER TALK TO THEM AGAIN, they can and will say, ok... have your lawyer call us, we can no longer speak with you on this issue. buh bye

good luck you you and her. sorry you are dealing with this. Ski

 

I believe you are incredibly wrong in your assessment. The insurance company is offering the least amount they can to minimize their payout. There is a big difference between offering KBB value for an average car of that age, make and model versus making the aggrieved party whole by giving enough money to purchase a car of equal condition if it was above average. It is also the insurance companies obligation to make the victim of their clients action whole with regard to any out of pocket costs regarding medical costs, lost wages and pain and suffering.

Do you work for an insurance company or are you heavily invested in one? Otherwise, I have a hard time understanding your defense of them and their need to generate profit at the expense of victims of their clients action. Weren't you a bit derogatory by calling the victims car a "special snowflake" or "shitbox"? Perhaps you have insider knowledge about the girl's car and what shape it was in, since I doubt that a KBB $8k car is a shitbox.

I don't think your reality meshes very well with mine.

 

I'd pretty scared to have something like an E30. NADA on those is <$4k. The actual market is a bit different... https://bringatrailer.com/bmw/e30/ There aren't any IS250s on BAT though...