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Dr Evil |
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#1
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Send me your transmission! ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Members Posts: 23,003 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. |
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sixnotfour |
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#2
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914 Wizard ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Members Posts: 10,440 Joined: 12-September 04 From: Life Elevated..planet UT. Member No.: 2,744 Region Association: Rocky Mountains ![]() ![]() ![]() |
QUOTE We should have a "So you crashed your car, now what?" Thread. Maybe in the Classic threads or something. Or Be sure your insured for what you think its worth. Good Luck Mike. |
Dr Evil |
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#3
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Send me your transmission! ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Members Posts: 23,003 Joined: 21-November 03 From: Loveland, OH 45140 Member No.: 1,372 Region Association: MidAtlantic Region ![]() ![]() |
QUOTE We should have a "So you crashed your car, now what?" Thread. Maybe in the Classic threads or something. Or Be sure your insured for what you think its worth. Good Luck Mike. I am not expecting anything close to $35K, but fair and reasonable would be great. Classic car insurance has restrictions, often. I have no interest in that. You can not get a rust free car out here for $4.7k. |
estwing |
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#4
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Newbie ![]() Group: Members Posts: 13 Joined: 25-June 04 From: NW Arkansas Member No.: 2,254 ![]() |
Just my $.02 but for older cars, if you don't have a specified amount that it's insured for and pay against that premium then the insurance company values it at whatever their book says. I was able to get full coverage with a $250 deductible for my '73 2.0 for $28 a month ($6 more than liability alone). When I checked, the insured value was $3200.
That's where the A** raping comes in, especially if it's insured as a classic car. You can insure a POS for $100,000. If you pay the premium and total the car, then you're entitled to the value you insured it for. Though I'd be happy to offset the lose by compensating you for the rear PORSCHE reflector between the tail lights. |
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Lo-Fi Version | Time is now: 27th June 2024 - 07:35 PM |
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