Wrecked 914 part 2: The insurance offer, Hold your nose |
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Wrecked 914 part 2: The insurance offer, Hold your nose |
Dr Evil |
May 5 2008, 11:34 AM
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#1
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Send me your transmission! Group: Members Posts: 23,032 Joined: 21-November 03 From: Loveland, OH 45140 Member No.: 1,372 Region Association: MidAtlantic Region |
I just got a call from my insurance company. For a 73 914 with an estimated 144,000mi, bucket seats, targa top, power steering, power breaks (IMG:style_emoticons/default/av-943.gif)
$4770 with $500 taken away if I keep it for salvage (IMG:style_emoticons/default/dry.gif) (IMG:style_emoticons/default/WTF.gif) I am not accepting this.....time to check my options. |
GWN7 |
May 5 2008, 12:46 PM
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#2
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King of Road Trips Group: Members Posts: 6,280 Joined: 31-December 02 From: Winnipeg, MB, Canada Member No.: 56 Region Association: Northstar Region |
Nov 2007 Excellence values:
914 2.0 1973 so-so $9,835 Good $11,184 Excellent: $14,970 Nice, they set the salvage value at $500 My 72 Westie was in a accident and my insurance company decided it was a writeoff. (Total parts to fix it were under $200) They offered me what I had payed for it, less my deductable and the salvage value. I had to hire a independent appraiser (cost $550) as they refused to use the figures I supplied (ebay and Samba averages to like year and model). Ended up they payed me 4X there initial offer and then they tryed to raise the salvage value to recoup some of the settlement. The final settlement was within $300 of what I told them it was worth. Thank them for offering to pay for the wheels & tires and ask them the procedure for disputing the settlement. Start asking around for the names of independent appraisers in your area. Local car clubs are a good source. |
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