USAA is low ballin, trying to total, any suggestions?
08-01-2008, 11:29 PM
#61
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December...holy cow, thats some serious wait!! If you have an appraisal clause in your policy aren't they required to go get another appraisal and have the 2 appraisers force a compromised decision?
08-01-2008, 11:37 PM
#62
Drifting
Thread Starter
Didnt have a agreed value for my car. The last response from the usaa *******, is that if my car was worth that much I wouldve had the agreed value.... Well thats BS, and my lawyer agrees, they hit me they are liable for damages, regardless of my insurance policy. He also says, I shouldve recorded my phone calls, because we would have them on fraud also.
08-01-2008, 11:48 PM
#64
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08-02-2008, 12:01 AM
#65
Drifting
Thread Starter
Any help would be great, its currently sitting in storage collecting dust, as I shop for another. Found the one I want but the guy isnt answering the phone today to discuss how to get it done.
08-02-2008, 04:02 AM
#66
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The point of insurance is to make someone whole. While it might not work out that way, that is the legal construct and the ideal that insurance is based on.
It is the comanpany's duty to repair or replace with like kind of contruction and materials, not lesser kind of material and construction.
If you are at fault you are obligated replace what you damaged; if you run into a $4000 etched glass window in a shoe shop, you are obligated to replace it regardless of what was there originally.
If you have insurance to cover you, you are insured against that liability and they are required to pay for the damage.
In general they pay for like kind repair/replacement at 100%. So if you get a front end damage and a fuch is totaled and a dent, they pay 100% , replace fuch for fuch, and do not depreciate a repair.
(you never hear the insurance company say, "you have a $2000 dent, we are going to give you $1000 because your car is old and that is the depreciated value"
They always depreciate a TOTAL replacement, so they are inclined to want to total your car and use a low value figure to base that on... if they get a chance to.
(you ALWAYS here the company say, "you have a $30,000 car which is totalled, but we are going to give you $10,000 because your car is old and that is the depriciated value."
It is the comanpany's duty to repair or replace with like kind of contruction and materials, not lesser kind of material and construction.
If you are at fault you are obligated replace what you damaged; if you run into a $4000 etched glass window in a shoe shop, you are obligated to replace it regardless of what was there originally.
If you have insurance to cover you, you are insured against that liability and they are required to pay for the damage.
In general they pay for like kind repair/replacement at 100%. So if you get a front end damage and a fuch is totaled and a dent, they pay 100% , replace fuch for fuch, and do not depreciate a repair.
(you never hear the insurance company say, "you have a $2000 dent, we are going to give you $1000 because your car is old and that is the depreciated value"
They always depreciate a TOTAL replacement, so they are inclined to want to total your car and use a low value figure to base that on... if they get a chance to.
(you ALWAYS here the company say, "you have a $30,000 car which is totalled, but we are going to give you $10,000 because your car is old and that is the depriciated value."
