Got the insurance co's definition of "fair market value"
#16
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Tom's car wasnt some kids project with a big turbo and funky exhaust, it was a clean S2 that had a rebuilt motor only a couple of weeks old when it was stolen.
#17
Tom,
What do we (you, the police, anyone else on this board) think they did with your car? If it was just a joyride it would've turned up by now so do you think they are selling it for parts or would they have shipped it somewhere far away and tried to change it's VIN.
Sorry this happened to your car, but you have a great attitude about it, picked up something fun in the meantime and are hopefully kind of having fun with the dance with Geico. I'm sure you'll prevail in the end. Good luck!
What do we (you, the police, anyone else on this board) think they did with your car? If it was just a joyride it would've turned up by now so do you think they are selling it for parts or would they have shipped it somewhere far away and tried to change it's VIN.
Sorry this happened to your car, but you have a great attitude about it, picked up something fun in the meantime and are hopefully kind of having fun with the dance with Geico. I'm sure you'll prevail in the end. Good luck!
#18
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Elf,
thats the 64000 question. if it was a joyride it shoud have turned up without seats or rims.
did someone want to put a turbo suspension in a NA, isnt the block stamped with the vin?
the mechanic is considered very honest by a lot of PCA members, and his brother is a cop. his staff has been there a while.
it doesnt make sense. remember the car has looked the way it does for over a year with the new rims. you couldnt tell the seats were different because they were black porsche, just a little different in the pleating. the car is the only one around with those boxster rims. it isnt easy to blend in with a red porsche like it is with an easy to sell camry or accord.
it just doesnt make sense. the acura legend i understood, but this one, i cant figure why.
thats the 64000 question. if it was a joyride it shoud have turned up without seats or rims.
did someone want to put a turbo suspension in a NA, isnt the block stamped with the vin?
the mechanic is considered very honest by a lot of PCA members, and his brother is a cop. his staff has been there a while.
it doesnt make sense. remember the car has looked the way it does for over a year with the new rims. you couldnt tell the seats were different because they were black porsche, just a little different in the pleating. the car is the only one around with those boxster rims. it isnt easy to blend in with a red porsche like it is with an easy to sell camry or accord.
it just doesnt make sense. the acura legend i understood, but this one, i cant figure why.
#20
Nordschleife Master
EVERY BODY panel on the 944 has the stamped VIN... (I do belive)..... That is what I think I heard that you can tell if a body panel has been replaced...
#21
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im not sure about the stamped part. i do know every body panel had a sticker with the vin. the sticker was perforated, making nearly impossible to remove in one piece. i had one on every body panel, the doors, and the bumpers.
#23
No way, that baby is a cutie pie. Does kind of seem to be staring at me though...
Tom, I know when my VW was totalled the insurance company lowballed the replacement value. I told them the car had just hada ton of service and parts replaced and that I had receipts, but they said all of the stuff was considered consumables (shocks, brakes, t-belt) and added no value. They later changed their song and also paid me pain and suffering since the other guy caused the wreck and I had (very slight) nerve damage for it.
My point is that the insurance company probably won't initially consider "consumables" as adding to the value of the car.
Tom, I know when my VW was totalled the insurance company lowballed the replacement value. I told them the car had just hada ton of service and parts replaced and that I had receipts, but they said all of the stuff was considered consumables (shocks, brakes, t-belt) and added no value. They later changed their song and also paid me pain and suffering since the other guy caused the wreck and I had (very slight) nerve damage for it.
My point is that the insurance company probably won't initially consider "consumables" as adding to the value of the car.
#24
Tom,
Well, it is Geico. Maybe, since they saved you 15% to 20% on your premiums, they are knocking off 15% to 20% on your claim??? Did you read the fine print? Never really liked that lizard, anyway.
Well, it is Geico. Maybe, since they saved you 15% to 20% on your premiums, they are knocking off 15% to 20% on your claim??? Did you read the fine print? Never really liked that lizard, anyway.
#25
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watch it sharky, thats the fruit of my looms you are talking about!
i think she is thinking what the F is flashing in my face?
i think she is thinking what the F is flashing in my face?
#29
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You don't have to accept their offer. if you feel they are being unreasonable you can simply tell them you wish to contact the state insurance comissioner before proceeding further with them. That will get their attention real fast.
Also, the adjuster assigned to your case has several other cases as well. He is under pressure from the company to settle quickly. The longer it take the wosre it looks for him. A fast, no hassle settlement is almost always prefered over a cheap settlement.
He is not going to drag it out very long over a couple thousand dollars on a $10,000 claim. Thats only 10-20% difference.
Also, the adjuster assigned to your case has several other cases as well. He is under pressure from the company to settle quickly. The longer it take the wosre it looks for him. A fast, no hassle settlement is almost always prefered over a cheap settlement.
He is not going to drag it out very long over a couple thousand dollars on a $10,000 claim. Thats only 10-20% difference.
#30
Not to hijack but for your info: I contacted Grundy Ins. and they no longer insure Porsche that are less than $100k and are getting away from all high performance cars. I also called their competitor, Hagerty, and they limit milage to less than 3k/yr and are very restrictive.
Does anyone know of anyone who will insure for agreed value?
Does anyone know of anyone who will insure for agreed value?