Update?

 

I think he started another thread and is searching for a replacement car. Sounds like he got hosed by the insurance company for a few grand. Not sure beyond that.

 

Thanks Chief

This whole thread is very informative. Super sorry OP

In 22 years I have never had to use insurance *knock on wood* - I assumed it would be a much less painless process then this and fair.

Rather disappointing but good learning - cheers

 

This is why we need stricter laws. Cause a crash, lose a license and a personally guaranteed $5,000 bond (or whatever). I am pretty sure that is the way it works in Japan: I didn't see crashes over there, as crashing a car was a big deal. Driving recklessly puts everyone in danger.

It sucks as an adjuster doesn't understand the value of a rare color and how the buyer could have paid a big premium. I don't know about ruby red, but what if this were Mexico Blue and carried a $10,000 premium?

 

If you get hosed by the insurance, the you have the option to go directly after the driver that is at fault, no?

Honestly, I thinks it better than owning this car after some major repairs, fighting for diminished value and then having difficulty selling down the road. I would not consider buying a car that had that much damage. Although, would the buyer ever know the true details years down the road.

 

I ride a motorcycle and this crap scares me... hopefully never to death.

 

Apologies guys, it seems I never really updated this thread.

As others posted, I did get hosed by my insurance company but I do not blame them. Covid and Timing was to blame. I bought the car right before Covid officially hit our shores, and it was totaled on Mother's day 2020, in the middle of what we now know as the first proper "surge". Car prices plummeted and even though my purchase price was decent for pre-covid times ('12 991.1S, 26K miles CPO for $66K) it was too high for insurance company to match after a mere 66 days of ownership.
I lost a few grand in the process but the universe gave me a small gift in terms of a 991.1 GTS with 20K miles as a replacement. I was so close to delaying my purchase till "after covid" back in May 2020, in hindsight, that would have been a HUGE mistake as the equivalent car would now be going for $100K+

All in all many lessons learned, many blessings to be thankful for (the greatest of them being Health and no person involved in accident).
the adventure continues, stay safe out there (this goes especially for my 2 wheeled brothers)

 

thanks for the update !

I always wondered what happened ....

the 991.1 GTS is one of the best ..

 

This is so bloody sad....high up on the my worst nightmare scale, my deepest condolences. Rennlisters on the 991 Forum can relate to this horrific incident...thank God you weren't sitting in the car....this event further fuels my paranoia. I have a personal "rule", I try to never park my car on a street...why?

When I was senior in high school back in the "Stone Age:", a carload of girls from the local private high school, with the driver not having a drivers license, came zipping around a corner and totaled my prized (To me) 1941 Ford 2 door sedan with an upgraded Mercury motor, with that covered 3 3/16" bore...1/8th" bigger than the stock Ford! The insurance company gave me a pittance for the car. At 17 years old, I didn't have the resources to fight them. The unlicensed driver of the car didn't even get a ticket for destroying my prized possession. I really hope the distracted driver gets a huge ticket for destroying your car.

 

Anyone can sue anybody....sue that driver that crashed your car.

 

delete

 

My cars are all insured on "agreed value." That way, in the event of a total loss, there is no negotation required, and I can replace with like kind. I review these numbers every year at renewal time.

 

Just hurt's to look at that! I truly hope you get it resolved in your favor.

 

Unfortunately there's a lot of overly optimistic advice flying around this thread. I've experienced something very like this twice and I'm going to tell you how it's more likely to go.

You will not win in an argument against the insurance company. Their data is voluminous and their resources are deep. The value the adjuster is giving you is what they feel is the market value of your car, which is not related to the amount you paid for it. Their decision is essentially final and they have no incentive to "negotiate" the total loss value with you. Since you weren't in the car, you don't have the wild card of personal pain and suffering, which is generally the variable for settlement in situations like this. You're going to get what they give you. Sorry.

You might have to go after the owner of the other car personally if your insurance settlement is woefully low. You have indeed been damaged and in an easily quantifiable way - you want the difference between what you paid for the car a trivially short time ago and what the insurance company paid you for the loss. You'll have to plan how much the attorney fee will be and figure that into the equation, along with the value of your time. I'm guessing if it's $5000 or less, you might be better off moving on.

Nothing good about this for you, and the system does not work well in your favor. Sympathies.

Edit - just saw that this thread was old and the situation is resolved. But, I might point out, resolved as I suspected it would be. OP - glad you are in a good place.