Wanna personally thank you for your video. Gave me the confidence to get a 3K gain on my total loss settlement on my wrecked car. Based on ur vid I went to various used car websites and pretended I wanted to buy the same car with the first low settlement amount and realized that I couldn’t without haggling price with seller. So I made an excel sheet showing 5 different sellers of similar cars and showing the asking prices and asked for a 3K increase and I got it. I think the coolest and most important u said is, always start by saying no to the first offer. Thumbs up to putting ur video out there for others.
I want to personally thank you for taking the time to tell me this. Very happy for you, and that I could help. Comments like this are why I should keep making videos. I got a little burned out with the constant negativity so truly thank you.
Thank you so much for making this video! Watched it about a year ago after an accident and your encouragement helped me to see it to completion. They offered $4000, so I hired an appraiser and then I got $6800. The appraiser thought the insurance company had acted in “bad faith” and gave me the number of an attorney. The insurance company ended up settling out of court for $25,000 more! You just gotta be really patient.
That struck me too but in a different way. He's had to deal with two totaled vehicles yet he's making a video while driving? Good advice but it can equally effective from a stationary car.
Thank you for this video. I had a total loss, I watched this video and did some research on similar vehicles around. I was first given an offer of $5000 and my car is worth 6500-8000. I asked them that there were vehicles online for that range or more and that I will not accept 5000. Without any negotiation they called me back and offered me $8000 and I took that offer. I’m sure I could’ve gotten maybe 8500 but I was really happy I used some of your tips thank you !!
@@trotmieyer no they didn’t share reports they just told me they searched the car online on websites for used cars such as kijiji, autotrader, and Facebook marketplace. The thing is they will always under quote you by at least 30% of value and when I sent them some listings for 8000$+ they gave me what I asked for . The person that damaged my car there vehicle was worth $23,000 and they gave her $15,000 and she didn’t bother arguing just took the money.
I did too. Nobody at dmv or anyone taught me that you had to yield on green if you go left. Every intersection i went to though when it was green for left turn lane the other lane was always stopped but at this intersection it wasnt and i had no idea that was possible
They suck, But they are a business Trying to make as much money as they can It's like fish in the ocean Eat. Or. Be. Eaten Be smart. You come out good Be stupid you get rolled over
Thank you for the tips. My mustang was totaled in a rear end collison 3 days after I bought the damn thing. It was pristine, winter stored, no rust. I'm going to take these tips and hopefully come out on top. 👍
you da man! I've got my adjuster sooo angry. Just stating facts. I have a rare 1994 R options miata that sells for way more than the base miata, and i've provided proof. He's choosing to ignore it. They're using a comp vehicle 137 miles away from me that has no pictures and was sold for less than half of my vehicles value. I've provided a bunch of comp vehicles closer to me with reasonable mileage and WITHOUT the racing options that my car has. I'm just asking them to compare the value of my car to other cars that are at the beach, where I live, because convertibles are more desireable here. I've gotten them to almost double the offer, but they're still coming in super low. I've got a second car, so I'm in no hurry. Wish me luck!
Bro, you literally saved me $3,000. I got an initial total loss estimate and then saw your video. I declined the initial estimate and made some good points about how my car was going to be hard to replace and the aftermarket parts that were on my car. They came back to me a day later with an offer $3,000 more. Crazy. Thank you for your video!
Thank you so much for this!! I just went through this and I wanted to know what to do when I asked these questions. I appreciate you posting this video and informing others even though you don’t have to.
Thanks for the tips. They wanted to give me $1200 for my car that was worth $4,800. I said no and they came back at $2300. I said no again. I contemplated on sueing the at fault party, but I held out. A solid month goes by of negotiations and I ended up getting $4,600. I'm happy with that. It was super stressful during this time and I don't ever want to be in this type of situation again.
acelakid94 I feel you man its stress full as fuck😖. I was rear ended by some bastard on his phone going 60mph I was at a complete stop it was brutal man. Now I have to deal with all this pain and these pos adjusters. Sadly for me my nightmare is just getting started cant wait till this is all over with an I can move on with life.
So glad I’m doing my research I just brought my first car two months ago! Was the victim of a hit and run so if they don’t give me what I paid I can always take the guy to court. I haven’t yet talked to my adjuster... I wanted to research on the situation being this is my first time in this situation and I’m so glad I found this video!
This guy has had two total losses in 2 years. I bet his insurance company would love to know he blogs while driving and takes his eyes off the road quite a bit.
An independent appraisal is key if your car is older like a Supra, or any car you restored or modified. If the accident wasn't your fault you need to be made whole again. I know someone who received 108k for his Subaru that was extensively modded. The first offer was 30k insurance thought they didn't have to pay for mods. Keep those receipts everyone.
Cristina199 I got a 1999 Nissan Sentra my car was hit from the back causing left back bumper and corner panel damage and right front bumper damage they’re insurance wants to use their own appraisal after they sent me to get an estimate already Should I do about that
Thanks for the info. I was going to accept their first offer (which wasn't too far off), but kindly asked if I could submit some comps I had found in my area. They were happy to look at them and then responded the next day with an offer that was $1100 more than the initial. Easiest money I've ever made.
Could you explain to me where I could get these comps? And what exactly they are, it’s my first time in this situation as well. Got Rear ended by a distracted driver and might get a total loss on my mk5 gti 💔
@@910chino4 I'm sure this is over for you but for others comps are just as explained in the video - similar vehicles to yours in your area, maybe within 50 miles or so. Similar condition, mileage and year. A lot of online sites offer a free Carfax or Autocheck so you can see how many owners, where it was kept (northern states = rust), any reported accidents, etc. Submit those to justify your asking for a higher amount.
Good tips! As someone who worked in insurance industry I agree with your sentiment. FYI -- the payout should consist of tax, license and registration on top of the vehicle value, at least it is the case in California, could be different in other states, know the law and read your policy. Also, when it comes to bodily injury never give a recorded statement without consulting an attorney or few (initial consultation is always free) if you chose not to hire one have a printed statement describing all your injuries and losses, for you can forget.
Question, i have geico n i'm in California. the adjuster gave me 50/50 change of totaling my car. i wanna be prepared in case they do but i don't know what too much or just enough to ask for, i got a 2012 fiat 500 lounge with 51k miles. i researched n the similar cars in my area are from $10k (around 20k more miles than mine) to $14k. They said the estimate for repairs is 6k (the shop estimate was 8.8k) they will see if they can fix it n let me know. if they totaled my car, what if he only wants to give me 6k-8k?? can i try 14k or that's too much to ask? also how many times can i say no to an offer, avoiding court. i still owe $5k on my loan, btw. oh do i mention how the car is customized since the inside is red? or that makes zero difference? i'm expecting the adjuster to call me tomorrow or in a few days. i'm scared i will not know what to say!! help plz
I'm very grateful for this video. I recently lost my car due to a distracted driver, and although I walked away without a scratch, I am suffering mental and emotional trauma. I've never done this before in my life, and your advice is helping me understand what I need to do. I appreciate it very much.
@@bettewaddell8552 Thank you very much. Unfortunately, I only got $1,600, and most of it went to Christmas. It's been almost 2 years since my accident, and I still haven't been able to buy another car.
This is very helpful and potentially encouraging advice. In my situation my son was driving a 2017 car purchased new with an MSRP of nearly $24k and then discounted heavily. The car had only 4012 miles on it when it was totaled this month. I'm not thrilled with the settlement offer - even though it was within $1k to $1.5k of what I had expected - and haven't signed anything with a monetary figure on it yet. However, I have signed over a power of attorney and release of interest in the vehicle that the insurance company insisted on to move ahead. I hope that doesn't equate to agreeing to their settlement valuation.
Hey man so glad I came across your video. I need some help like yesterday! I’ve been dealing w/ such a pain these past 2 months. Quick summary my wife was in an accident where a driver reversed into our 2006 Infiniti G35. The damage to the hood and grilled appeared to be minor. We filed a claim against the other drivers insurance. The adjuster reached out next day and asked for pictures of the area of impact to assess the damage. Not too long after the adjuster issued us a check for about $1800 for repairs so we took it to our local collision shop and Got a rental car set up by the insurance company. Took them well over a week to determine that apparently there was more damage than it appeared on the outside. Supposedly there was minor damage to the radiator, mind you the car was still operable and we drove it for days before finally dropping it off at the collision shop. That being said the collision center said the total cost of the repairs will exceed to the total value of the vehicle which according to them was supposedly roughly close to 4K. Fast forward we decided to do a settlement, now the insurance company is threatening us to hurry and return the rental Bc we’ve apparently had it to long and late return fees are incurring (2-3 weeks) yet the collision center had our vehicle. Eventually they had a tow truck driver move it to a storage free facility and told us we are responsible for towing it out of the facility once we return the rental!?! Which makes no sense to me! This was just a hellacious nightmare at this point. After arguing back and forth w/ the insurance total loss dept they eventually decided to return our Infiniti G35 and have it towed to our residence upon us agreeing to return the rental. We returned the rental and they still took 2 days to get our vehicle back to us. BUT here’s the kicker, when we got it back and the town truck driver dipped it off at our residence the whole bumper and front headlight was missing. It looked soooo bad. Not in the condition we left it with them In. Now my car won’t start. They put the pieces missing in my back seat and they didn’t even return both my remotes that I had on the keychain. They only gave me one remote back. I’m soooo pissed. Any tips on anything that can be done!?!?!?! Pleeeease help!!!
You would make the finest sales person, or lawyer. It's really hard for most people to accept they have greater value than what they been told. Being firmly confident is a mindset.
Good video, one key thing to remember that I didn't hear mentioned: know what the governing law aka statutes say in regards to vehicle valuations for insurance company usage. In my home state, there are two defined sources in state statute for vehicle valuations, and there is no provision in statute for negotiation or haggling on the asset's actual cash value per se. Attorney's can't even get fees for representing for property damage here, only for medical claims. The 4 surrounding states to mine all have vasty different total loss statutes...it all depends on what the governing guidelines and statutes say.
Thank you for this video my friend. I got hit by a speeding distracted driver that went past a stop sign. She hit me so hard my car smashed in to another truck. I have no recollection of this because I was immediately knocked out and just remember a few seconds of the aftermath and the ambulance ride. I’m very scared about the insurance not giving me enough money to buy the same car I originally had because of the car market right now. But you’ve helped me gain some confidence to deal with this situation. Thank you.
About to go through this process with hail damage to my car. Insurance have already agreed to write it off but it’s a matter of price at this point. Hopefully I can make sure I get market price and now I’m ready for it.
@@spencergarcia5238 we folllowed their advice and said no on the initial offer. We had a 4Runner that we bought new 2 years ago. They offered 38500, and we said no. They countered with 40100 but still didn’t have the right trim package so we said no please add these upgrades and they came back with 42500. We provided some comparable sand justification based off of our research and it worked for us
I just wrecked my 2014 Ford F150 and the damage is $21k. I have yet to talk to anyone yet, but your video is just what I needed to see for sure! The truck market is smoking hot price wise at the moment and I bought the truck in August in mint condition with 85k miles and it and now they are selling here in Texas for almost $30k for the same truck. I don`t know yet if they will try to total it.
Thanks so much for this. It has been very helpful. Question, what should I say if my insurance adjuster emails me with the following question?: "Do you have any information you could forward to me that you have been researchign to support an increase in the settlement? Is there an amount you were anticipating?"
This video works I said no found some more cars to compare to and they game me an extra $800 I wanted more but I was satisfied with it I thought I was gonna get like 4 grand and ended up with $6800. Thank you for this information
Another thing people can do to get a slow moving insurance claim is file a civil lawsuit against the other driver. The most you can get is $5k but it puts the case before a judge and practically insults the insurance agent who has to explain why they aren’t being honest and diligent.
Personally want to thank you for helping people like me who don’t have any knowledge about this kind of situation. On 5th of August my car had and accident 2016 Honda Accord almost 200000k miles on it. The insurance company make the car total and offer me $8000. After listening that I got mad and don’t know what to do. Then I found your video and did according to you. First I say no to that offer and start bargaining. Then they came up with the offer $ 11000 but I say no. Finally today after one month of negotiating I got offer $22000 😃😃😃. I like the offer and finally I settled it. Really appreciate for your video. Thanks
Recently was in an accident where my car was totaled and the other party was at fault. His insurance accepted 100% liability and I was ready to be lowballed. I paid $2500 for my car a few years ago, but with how the market is everything is expensive. I was shocked when they offered me $5500. I was ready to deny the first offer and negotiate from there, but I was more than happy with that amount. Maybe I could of gotten more if I had haggled, but I would of been happy with 4k lol
@@Emanade214 around 3 weeks, but depends on how fast you can get to the junkyard to release your car to insurance agent. It took me a couple weeks because of my work schedule. Probably could have gotten it in less than 2 weeks just depends honestly
I'm in the same boat. Only I paid 28k for my vehicle only had it 6 months. Still owe 24k on it. The other driver was completely at fault. Rear ended me at a red light. I need at least 29k
In the oil business we have a saying - "Pigs get fat, hogs get slaughtered". Not calling anyone a pig or a hog but the idea that pigs get to live and get fatter while hogs are slaughtered refers to greed. When you receive a great offer, you could accept it (being a pig) and get really fat on it. BUT if you get greedy and try to get a better offer than you've already got (being a hog) then you may find that you get FAR less than their original offer or perhaps even nothing (in the case of some deals but not an insurance settlement). So an offer that's already 2x what the car is worth is outstanding but being greedy and asking for more will likely cause the company to reinvestigate why they valued it so high and find they made a mistake. Since you didn't accept their first offer, it's no longer an option because under contract law, once you reject an offer and tell the other party, you can't back up and say "Oh I want to go back to the first offer and accept that" which they'll very likely tell you is no longer on the table because you rejected it the first time. So IMO it was good that you accepted that first offer and didn't try to maximize your payout. More than 2x the cars value is a great offer.
I have Progressive, they did a great job paying what my 12 yr old truck was worth. One thing to keep in mind when financing a car , get gap ins. Alot of ppl forget to get gap ins. You won't get any money if totaled , but least you walk away not owning any money on the car ( this is for when ins say here's what it is worth but you still owe the bank remaining balance, no problem, gap ins will cover it)
Interesting approach. My 2012 Prius was a total loss this year, 2024. State Farm offered me 10,579. Long story short, I took it. To me, it seemed quite fair. I had had it since 2016, purchased for 14,900. Now I have a 2024 hybrid Rav 4 LE. Love it. My first new vehicle, and I am 64. The out-the-door was 34,700. I am happy for you that your negotiating was favorable.
If you are not at fault should your insurance company do the negotiation for you against the insurance of the liable driver (assuming that they are different underwriters?). Or should one always deal directly with the insurance underwriter?
I wish I had seen this sooner. My car didn’t get totaled but finding got after receiving the check and my car back not fixed that it was considered a total loss. Because I didn’t have a lawyer sooner I was unable to get it fixed and get more. Smh You live and you learn through growing pains! I don’t know to do now as I have a car that still needs to get fixed and the check for the damages. How do I go to a mechanic and make sure that they fix my car truly and for the price that I want?
Unfortunately not really. I may ask some friends on who they go to and have an idea as to who I’m going to ask. This is why I was wondering what I should do when going to the mechanic on how to negotiate and make sure my car gets fixed but not being lied to and making sure it’s no more than the check I received for my damages from their insurance. What would you suggest I do and say when going to the mechanic to get what I need/want?
So what did you do after the final offer did you go with them or did you keep on pushing the offer I would like to know that way so I can see what I could do because I'm on that situation at the moment
Thank you for the video. Can someone answer this question. When communicating with the adjuster, will it be one conversation? Or will they hang up and call back? I am nervous they will hang up after I say no to the original offer and come up with something saying I wouldn’t cooperate and just pay out what they want. If someone could let me know how that conversation goes I would greatly appreciate it.
This is awesome advice mentioned in the video, thank you. I was just in my very first accident today, I was just around the corner in my neighborhood and this girl that was driving straight in the other lane managed to perform a left turn right in front of me with no blinker signaling the turn so I thought she was going straight but then as I was too close she didn't wait for me to go by and smashed into me and my car completely totaled and now I have an idea how to manage this.
@@redlinenissan372 Did everything go well with you?! My insurance guy said they have to find the person at fault, which is obvious, but yeah. Did you accept the first offer they gave you?
@@MyMyTyTy yeah I had my dash camera I didn’t have the SD card in it at the time of the accident , luckily I had a driver behind me as a witness who saw everything which made the insurance claim easier. It went pretty well with the insurance actually. Just takes patience and time and things should be good, hope you are okay and well !
This was helpful information. My car is going to be deemed a total loss and I have yet to get an offer. I was not sure how to calculate a price, but this helped. However, I am having trouble with them honoring a rental car for me, and other problems. It has been very stressful.
Start looking up used cars that are for sales that match your vehicle features, accidents and mileage to get an idea of its value. Kelly blue book helps too. If they have not offered a rental car request one. If they still don’t provide it you must keep documentation of the expenses from all your transportation via Uber or rental to add to your claim.
Thank you for your advice. Wife’s car got hit and car was damaged in the bumper and subframe. I don’t know if the insurance company will total the car as it’s a 2012 model with 65000 miles , hope I can get a reasonable settlement. BTW , how many times can I reject the offer before they take me to court
Isabel badillo if it helps i got payed 6500$ for the car from insurance (payed 3800 when i bought it) , i now drive a black on black infiniti g37s manual...a 10k plus car. :)))
I have a question for you. Great video by the way. I just bought my truck 3 weeks ago, and haven't made a payment yet. I was just in an accident that I believe totalled my truck. Not sure but probably. Its a 2019 silverado 1500 RST... and I financed 48k. What should I do with the insurance company?
Hey, I have a question that has been keeping me awake lately. My car was affected by hurricane harvey here in houston. I think its a total lost but i havent heard anything from the insurance company yet. I had the car about one or two days short of 5 months. Within those 5 months, I put on a little over 10,000 miles because I commuted to work. I bought it brand new for about $20,000. Before buying it, I did tons of research on it. That car (2016 Dodge challenger sxt) with 20,000-26,000 miles went for an avg. asking price of $21,000-$27,000. With the mileage on my car, the avg price now is between $17,900-$19,000 via kelly blue book and other sights. But if i go to a dealership looking for the same car, same miles. The dealerships are asking for an avg starting price $22,000. Will I get somewhere between the kbb value $17,900 and $19,000 from my insurance company? The car overall is in excellent shape. It has no scratches nor dents
first of all I want to say thank you for your video it’s very informative. My question is who pays for the storage when the vehicle is at a garage waiting to get appraised do they take that money from the claim that I’m going to receive or is that separate?
This was very helpful but i have a question can you still negociate the value of your truck if you claiming the accident through your personal insurance(statefarm) ?? Bc my truck was totaled today by the other guys insurance(Geico) but the guy who inspected the damage of the truck told me to contact my insurance and put the claim trough my insurance bc the guy only had a 25k insurance coverage and the truck was worth more
Hey, I have a few questions about what could me and my wife do about a insurance claim thats going on at the moment. She got her car hit with our son in it but it was not her fault. They say the car was totalled, so far they just now today gave us the totalled car back today exchanging it for the rental car we had from their insurance company. My wife just need advice on what's the best thing to do? Now we driven on a spare tire which we had to put on because of the cause of the accident in the snow, sharing the car going back and forth to work and taking our son to daycare which is not too close, driven in snowy weather with our son. Looking forward to hearing from you, thank you.
Dude I am in OR and I am about to argue with my adjustor for our 06 camry. It's not totaled but because of the way things are with parts and labor it's more than what the insurance wants to pay for, the car runs and drives perfectly, no issues whatsoever. So yeah I'm doing my research, thanks
Hi, many thanks for your video. My 06 Lexus RX 400H, with many new parts and well maintained, was hit by someone on my left tried to cut into my lane to exit on the highway--Praise the Lord! I braked hard and avoided a side impact onto that at-fault car with 3 people inside (which would have been a major potentially fatal accident though not my fault); but that car scratched on my left doors and eventually stopped in front of me. The insurance want to have my SUV totaled because they think the cost of repair at $7K was more than the cost of SUV at $6-8K minus salvage cost they can get from auctioning my SUV as a salvage. But I love my Lexus as a business SUV. They offered me either 1) a total of $6K if they take the Lexus, or 2) if I keep and repair the SUV, only $3.6K. I can accept neither! Now they (Traveller's Insurance) are back and forthon me and even threatening to suspend. Any suggestions? Also, during the past 2 months since the accident, I have used a backup car, 1) do I still qualify for an equivalent of rental reimbursement? 2) do I qualify for compensation for the missed business opportunity since I was ready to drive for a business meeting and even booked the hotel, but those arrangements were all canceled. Anything else I may qualify for compensation? Many thanks.
Thank you for your video. It's very helpful. In my first email, rejecting the first offer, to the adjuster should I just state that I researched information on my vehicle and ask how much more can they offer and then if it's still not enough, then should I send what I researched. Hope that make sense.
Great video brotha!! So, Im anticipating my vehicle to be a total loss, but that's to be determined at the body shop tomorrow. Do I negotiate the value of my vehicle and set my number with my adjuster BEFORE or AFTER I take it in and its deemed a loss?
Thank you so much for this video. Some stupid be-atch ran a red light and totaled my beautiful 2003 Dodge Ram 1500 Quad Cab that I absolutely loved and worked my butt off to buy. The appraiser is coming today. I am going to follow your advice and reject every offer until they give up and say we'll have to go to court to settle it or whatever. At that point, I will say "Yes." At least I have a plan now where before I was clueless even though I had researched the trade-in value. I'm not real confident I will get enough to replace the truck. It only had 112K miles on it.
+Jennifer Papich good luck Jennifer. I'm sorry to hear it happened and wish you luck with the process. If you don't mind me asking, who is your insurance company?
My insurance is with Allstate. The perp who went through the red light is with USAA. Everyone I have talked to at USAA has told me it is probably totaled without even seeing it. The appraiser came on Thursday and we got the repair shop guy out there to have a look and he said he didn't think it was totaled. It needs a new axle or rear end or whatever they call the thing the wheels are attached to. The right rear passenger wheel came off when she hit it. She was in some little POS Nissan Crossover and hit a big fire engine red quad cab with 20" wheels so hard in the middle of an intersection that she turned the truck around almost 360 degrees. She got a ticket for the red light, but not speeding. The brake drum broke in half. So, new axle and brakes with new right rear caliper, some new tailpipe hangers, a junkyard rear right quarter panel and bumper and we're fixed. That's not totaled, except on USAA's paperwork! I am so furious that insurance companies are permitted to devalue your property and just give you what they say it's worth after one of their negligent law-breaking policyholders damages it and rocks your world. The appraiser even said she didn't think it was totaled. She said she would send in the estimate that day and I would probably hear something by the end of the day, but I still have heard nothing. Not sure if that's a good sign or not. I am not looking forward to tearing that adjuster a new one, but I am afraid it is inevitable. Patience is not my strong suit when I have been wronged. I am trying not to borrow trouble, but it's difficult not to. My favorite new word. . .starts with an "N" and ends with an "O". LOL
+Jennifer Papich lol love it. You may be entitled to compensation for the diminished value of your truck. I'm not prepared to go down that rabbit hole but would encourage you do. Boy scout motto holds true here: I'd rather have it and not need it (preparedness) than need it and not have it. I'm pulling for you.
Finally got thru to USAA today and they told me they had already sent me a Preliminary Estimate and a check for $3,393 on 2/12. It was only 50%ish totaled. Amazingly, they set ACV at $7583. They never bothered to even contact me to discuss or advise there would be a check in my mailbox. Morons. But at least they didn't total my check so I am "preliminarily happy." Just hope nothing else expensive turns up to queer the deal.. Fingers crossed. They still owe me for the $175 towing bill. I guess that will be part of the final settlement.
Going through this right now in Oregon. I was heading down 6 near the Tillamook area and hit a patch of black ice around 5 am. Lost my truck on Monday as it is a total loss. First time of having to go through this and the the truck was a 2021 Ford Ranger Tremor in an amazing condition. Just hope i can get something to help pay for a new truck later on.
My Honda Ridgeline was totaled out by a person that blew a red light. I looked up the Kelly blue book offer Resale online value is 16k I owe $17k. I’ve never delt with this before. Your video was very helpful. Thank you for your advice!
So I have a 2006 Honda civic it got hit on the side door the car is in really good shape but my Insurance considered it a total loss would you recommend me keeping the car and accepting a little less cash or just take the cash, thank you !
I have a claim with my insurance and the other party/insurance has accepted liability. Today I was told insurance will be considering this a total lost claim. I need to submit a receipt for the towing of my car from accident scene back to my home. Adjuster says they will lump that reimbursement into my final payout, is that the way it’s usually handled?
Hi there! Your video was very useful and informative. I have a question... if the adjuster wants to just repair my car instead of going for the salvage, can I ask for more compensation on top of the repairs? Such as pain and suffering? Especially since the car would now be devalued/damaged due to the accident. Thank you.
Thank you for the informative video, I certainly learned a lot. I recently purchased a 2017 Honda Civic with 14k miles and it is a salvage car but it has a rebuilt title that I created when I bought it out. I got rear ended recently and I am in the beginning process of talking to my insurance. I believe the car is totaled but not sure yet still waiting to hear back. In this case, will my insurance look at the actual value of the car as if it wasn't salvaged or will they lower its value since it is salvaged with a rebuilt title? How can I get a fair settlement? Please help!
On a rebuilt title, I will let you know. I am going through that right now. They took automatically $3600 off the price of payout on 1st offer. When they go to auction it, people will not bid as high as it was a right off already, and may have unexpected surprises. Here is Canada, they do a government inspection to put it back on the road, and it is not a little inspection. So when a car is repaired, is its value garbage in the insurance companies eyes to make it worth less? I think not, regardless of 1000 dollars or 5 thousand dollars, parts are replaced to make like new, so don't get there rational. We see how it goes.
I wonder if my insurance will total or repair my 2012 Toyota Yaris LE automatic with 140,000 miles. The current repair bill at the body shop is $5,600! The adjuster estimated $1,200 of damage, but my body shop looked and saw there was even more damage. The only thing is I still ower $3,500 on it. I'm still waiting on what my insurance will say. It shouldn't be too long now. I should know in a day or two. What should I do if it's totaled? I don't think they'll wanna pay $5,600 of parts, and labor on a 6 year old car.
@@asmrdaisy2291 I have Progressive and was told that they don't negotiate. But I did get a bit lucky because before this I was trying to sell the car and I would get offers for about 4k less than what im getting now.
Thank you for this video it is really informative for what I am going through. Question though, will the total loss adjusters still be willing to work with you and negotiate if you were at fault for the total loss?
Hey there my name is Krystal, I was hoping I could get some advice from you before my adjuster calls me about my car getting totaled out. A few bits of information about the accident. I was hit from behind and the person who hit me was driving a stolen vehicle and did not have insurance. She was caught and arrested, now my insurance is totaling out my car and I am about to speak to the total loss adjuster and I am not sure what to ask. I would appreciate any advice given.
You are awesome/ Our 2012 Prius was totaled as a result of a hit and run accident. My wife was lucky to survive it relatively unhurt. Then the insurance company made matters worse by undervaluing our loss. We were shocked at the repair estimate by our body shop. What a racket. Our insurance company sent us multiple emails, texts and phone calls trying to get us to accept their adjusted value payoff and threatened to charge storage costs. They reported comparable sales but then gave them a 20% haircut when stating actual value. We naively thought our insurance was there to protect us. I contacted the adjuster(2) and stated that we had the top end rebuilt, the water pump and EGR system replaced and new plugs and the Hybrid system evaluated and components updated and she said that was normal maintenance. We said that rear brakes were literally replaced (rotors too) 2 dys before and she said that was normal maintenance. Mind blown....... She said send her receipts and 3 comps for replacements vehicles and she might ....repeat might be able to get us some additional $$ Has the world gone mad?
I was in a total loss accident last Sunday (8 days ago), I had the green light and was going strait and some guy rams my Toyota Tacoma from the left side going 70+ mph (I didnt even have time to react) before I knew it all my airbags deployed and my glasses flew off. I believe that the guy ran the red light but im still waiting for the police report, luckily they had traffic cameras where the accident occurred.
Hello my 2016 Ram 1500 Ecodiesel caught on fire while driving (really scary) on the highway. Now the insurance wants to give me 20 grand but there was items I lost and a modified suspension. My question is can I go to the dealership we’re I bought it and take legal action?
I have a question... when I filled out my documents, I said my car was worth 2,500. I have spent a lot of money on her in the past 2 years of ownership. Should I expected more than 2.500. My car has also appreciated in value if anything. Thanks for the video
had a hail storm recently and my vehicle is messed up, hoping i can fix it and they don't total it...problem is same thing happened last year but it was repaired.
Thanks for this video it was really helpful. Question: My 2017 Hyundai Elantra has TLC plates and am considering claiming a loss on the vehicle. My insurance is saying that because I was paying the low amount on my full insurance they can only cover the lowest amount which is around $8,000. I have gap insurance and my car balance is currently $19,000 I am hoping that they can cover a majority of my remaining balance. I am still confuse as to what to do because on one hand I feel like what my insurance is giving me is really low and on the other hand I don't know how much my gap insurance really is going to cover. Please any suggestion?
No uneven tire wear, guys have had the tires road force balanced and changed tires to numerous high tier brands, with no success. I feel confident it is not a tire or wheel balance issue.
