Maclean Mike wrote:
> Jay,
> I could not get through to the insurance adjuster that was
> handling my case this past Monday. When I tried to call again this
> morning, her answer machine came on again. I did not bother to leave
> her a message again. An hour later she called me from the message I
> left on Monday. She asked me where the car was and I told her that it
> was in front of my house, but undriveable. She said she was sending a
> tow truck to take it to a body shop they use to have the estimator
> make an assesment of total repair cost. I told her I wish she would
> just take the car and total it out, but she said she had to follow
> this procedure. She also confided in me (she did not have to) that if
> the repair was 85% or higher, it would be totaled out. She then asked
> what the Total Loss Department had estimated the value to be. I told
> her he used an average figure of $6300.00 minus the 500 bucks
> deductible. The figure had sounded good before the car was recovered,
> but now when I need 85% in repairs it began to sound high! As it
> turns out the damage came to $5800.00 Funny, that is exactly what I
> was going to receive after the dectuctible! Well within the 85% I
> needed for a payout. The check is in the mail.
> Well, the Bugeye has a supercharger already, so what should I buy
> for it now? Does anyone have a factory hardtop for sale?
> Mike MacLean Supercharged 60 Sprite
>
> type79@ix.netcom.com wrote:
>
>> Mike,
>> Just curious, how did you make out with the insurance company?
>> jay
>>
>> type79@ix.netcom.com wrote:
>>
>> > Mike,
>> > I've never encountered this situation, but if you have already
>> signed a Proof Of
>> > Loss to settle the loss, I would imagine that the company and its
>> adjuster might
>> > be inclined to let the claim proceed. Certainly if you have
>> already signed the
>> > title over to the insurance company, they own the car and not you.
>> Regarding the
>> > determination of when a vehicle is declared a total loss, if the
>> cost to repair
>> > reaches 80% or more, at that point an insurance company often
>> declares the
>> > vehicle a total loss.
>> >
>> > In any event, you are obligated to notify the insurance company
>> that the vehicle
>> > has been recovered. It must either be repaired under the "Other
>> Than Collision"
>> > coverage OR turned over to them under the provisions of the policy
>> for recovered
>> > property.
>> >
>> > I would call the adjuster on Monday, tell them the car has been
>> recovered,
>> > outline the extent of the damage, and suggest that the claim
>> proceed as a total
>> > loss rather than reopen the claim as a repair. It has been more
>> than 30 days, at
>> > which time you should have been paid for the theft regardless.
>> >
>> > Contact me off-list with any other questions and if I can't answer
>> the question,
>> > I will get advice from a company other than yours. BTW, who is the
>> insurance
>> > company that you are dealing with?
>> >
>> > jay fishbein
>> > wallingford, ct
>> >
>> > Maclean Mike wrote:
>> >
>> > > The cops just called me to come pick up my 92 Honda Accord
>> that was
>> > > stolen back on May 11th! They caught two 15 year olds with it
>> about 3
>> > > miles from my house and cornered them on a dead end street. One
>> took
>> > > off running and was caught a few blocks away.
>> > > The car is a mess. The ignition key is a Phillips head
>> screwdriver
>> > > because there is no ignition switch. There are dents all over
>> the car
>> > > and the left rear fender is just about caved in. The engine
>> runs rough
>> > > and the front brakes are down to metal to metal. The license
>> plates are
>> > > gone (they put some Used Car lot paper plate and plastic frame
>> in their
>> > > place). The spare tire is gone as is everything in the glove
>> box and
>> > > trunk. They put about 2000 miles on it since it was stolen.
>> They must
>> > > have used it like a rented race car.
>> > > I'd like to ask the insurance types on the list how to
>> approach the
>> > > insurance company about this. The insurance company was about
>> to pay
>> > > this claim to the tune of $6300.00 any day now. They were just
>> waiting
>> > > for the California DMV to let them know how much registration
>> year was
>> > > left on the plates so they could refund that too!
>> > > We don't want this car. My wife had an attempted carjacking at
>> gunpoint
>> > > a few years ago in it. The license plates were stolen in front
>> of my
>> > > house last year and replaced with stolen plates. (I almost went
>> to jail
>> > > on that one until I proved the car was mine, just the plates
>> were not.)
>> > > Now the car is stolen and thrashed. This is not a good luck car
>> for
>> > > us. How damaged does it have to be before they will buy the car
>> and pay
>> > > off? Will I have a choice? I'll just choke if they say they
>> are going
>> > > to fix it.
>> > > Mike MacLean Supercharged 60 Sprite
>> > > P.S. Here's the obligatory LBC content: I could not get that 73
>> Midget
>> > > started today. Fuel pump was pumping fuel. She was getting
>> spark and
>> > > turning over fine with the new battery. It just got too hot in
>> her
>> > > garage. (102F in the shade here) Told her I would come back
>> tomorrow
>> > > and try again.
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