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Is My 08 550 Sport Totaled?

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Old 10-20-2016, 08:27 AM
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Originally Posted by E60Japanese
It's there first offer and Im a little shocked that it is so close to what you want.
Maybe insurance companies are better in America at a payout figure?


But just do your homework and show them the facts. It's the best way to get more money.
Show them the options your car has and another car to compare that has the same options if possible and body condition.


They will come up if you have the facts on your side
Actually they are not budging on the offer. They do it based on comps in a 50 mile radius. I sent them comps but they were nationwide to justify the 21k I was asking for and they shot it down. I got my insurer Progressive doing their own estimate to fight on my behalf now. They already trying to get us out of the rental, etc.
Old 10-20-2016, 03:45 PM
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You might have a second adjuster take a look at your car. (You would probably have to pay for that.) I was in a similar accident a year and a half ago. A guy in a Honda Minivan ran a stop sign and hit my car on the rear wheel/quarter panel. My insurance company (Allstate) valued the car at $7600. A friend of mine who is an adjuster submitted his valuation of $9200. He did a more thorough and expanded comparison and expanded the comparison area to include Dallas, I am in Houston. The car was totaled. I kept the car and repaired it.
Old 10-20-2016, 04:07 PM
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Originally Posted by BrianTx5
. The car was totaled. I kept the car and repaired it.
In Texas, do you have to register it with a salvage title?
Old 10-20-2016, 06:32 PM
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Originally Posted by JayArras
In Texas, do you have to register it with a salvage title?
No, I have the original title.
Old 10-20-2016, 07:21 PM
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So how does that work? The insurance company gives you a check and doesn't want the car? And so someone can buy a totaled car in Texas and never realize it?
Old 10-20-2016, 08:35 PM
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Originally Posted by BrianTx5
You might have a second adjuster take a look at your car. (You would probably have to pay for that.) I was in a similar accident a year and a half ago. A guy in a Honda Minivan ran a stop sign and hit my car on the rear wheel/quarter panel. My insurance company (Allstate) valued the car at $7600. A friend of mine who is an adjuster submitted his valuation of $9200. He did a more thorough and expanded comparison and expanded the comparison area to include Dallas, I am in Houston. The car was totaled. I kept the car and repaired it.
I did. I had my insurance company come out and perform a valuation using a third party and they came in about $1500 higher than Geico. So I am going to take it and they will fight with Geico for the difference.
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