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. |
rick 918-S |
May 5 2008, 07:27 PM
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#2
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Hey nice rack! -Celette Group: Members Posts: 20,680 Joined: 30-December 02 From: Now in Superior WI Member No.: 43 Region Association: Northstar Region |
I've been on both sides of this fence. USAA is extremely agressive when it comes to fast settlements. Yes, this is a customer service standard, however this is not always the best method to resolve a complicated issue. When you call and get their voice mail each rep needs to advise you of an extension where you can give customer feedback.
Yes, classic car insurance is best for our cars but yes it has restrictions. It is also obvious USAA's appraiser rushed to get his info to the rep. Once he completes his work he closes his file. That's why she needs to see how this is to play out. She needs to call the guy to see if he will meet with you. He may have some kind of contract with them. Yes, they will not want to pay for special engines, tires, wheels, interior, lights, stereo or anything that is not standard on a 914 within your vin range. Here's what she told you, All cars have engines, tires, and interiors as they were manufactured. In order to license, insure and drive your vehicle all these things need to be present and working. If your engine fails and needs to be replaced, the vehicle is no good with out the engine. If this is the case the vehicle would be worth less than one the same year with a working engine. Now, where they fall short is they didn't even value your car at fair market value as if it still had a 4 cylinder. They'll come back to the table. It will just take longer. |
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