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I do not see diminished value with that little bump
Been to a reputable body shop lately?
Pre-COVID I slowly backed into a pole with my M4, causing the rear bumper coating/lamination covering the bumper, to crack in a few places. The bumper itself was not deformed, and the overall damage looked very minor. I debated whether not to get it repaired, or pay out of pocket. When I took it in to the authorized BMW repair shop to get an estimate of costs, I was floored…over $4k to fix. The only part to be replaced was the bumper, the rest of the cost was labor and painting. Yikes! So i decided (since it’s a 2016 car) to just live with it. But I could not do that with new car….it would eat me from the inside.
How much DV are you (not you specifically, but "you" generically) expecting to get?
Let's say it's 25k.
30% of 25k is $7,500.
I don't know any lawyer that will do a DV (much less a Loss of Use) case for $7,500 all in on a contingency basis, especially if there's a chance that your "recovery" could be $0 in DV.
Any lawyer that does that either will not be in business long, or is practicing law merely as a hobby.
Accidents like this can your your day and week Sorry for your troubles. I had a tree removal truck roll back into me at a stop, owner didn't cooperate with the insurance claim and it took me three weeks to get settlement. I will never use Progressive insurance .....
I suggest you always file the claim against the responsible parties insurance company. Filing against your own insurance company you are not able to recover deminished value and you will be out your deductible. Eventually after subrogation can get you deductible back. Also rather not have a not at fault accident on my record with a payout.
unless the other driver does not have insurance always file claim against the at fault party
Been enjoying my new 992 (in Texas) over the past couple months. What an amazing car!
Unfortunately today, an SUV backed into me and banged up / scratched up the front right side. Think the low slung nature of the car prevented the SUV from seeing me as the driver backed out. Anyway, after some restrained curses, got down to filing a claim, etc. and the insurance process has started.
Any tips for this situation? Concerned a bit about the carfax report, etc. Should I just go with what my insurance company suggests for the body shop repair shop, etc.? Should ask for a payout? Will the value decrease? Any other considerations?
these things happen. its a bummer.
to answer your questions, yes it will change the value of your car. but, it looks minor-ish and if you can live with it knowing it was in an accident you should not worry so much about the diminished value piece. worry about finding the best place that works on porsche damage in your area and trust they will do the best work they can. it will never be the same but many times they can get it really close. with the Porsche 992 factory tolerances in body paneling out of the facotry you may never notice a thing! most places that work on Porsche understand we are detail oriented, neurotic, PITA clients when it comes to this type of stuff so most places that will do the work will should do a good job. but should have plenty of resources our there in TX. i would not use the company your insurance company recommends unless it is the same one you found. talk to to the Porsche dealers in the area and ask them. plenty of people in this box from TX and i am sure lots of people can make a solid recommendation for a place to do the repairs.
your insurance company will not pay you out on this. i would be surprised if that repair bill was over $7,500. you are miles away from them giving you a payout.
on the value piece though ... if you plan to keep it forever (or 20+ years) then the "diminished value" should not bother you. but yes, do what you can to get the most out of your insurance claim to make you whole. the insurance company is in the business of paying out a little as possible (no matter your insurer) and your job should be to make you whole. consider the above questions and really try to think long term. if you plan to keep the car and just drive it and you are not worried about selling in a few years just enjoy it! it may or may not show up on Car-fax. my wifes ex-Alfa was hit twice and both repairs were done by the Alfa/Ferrari dealer for repair and its didn't show up on Car-fax when she traded in for a Cayenne but both were minor and we didn't contact the police. so it really depends on the Car-fax piece and how it was handled.
good luck, be thankful it wasn't in the butt and don't let the insurance companies low ball you.
Thanks everyone. Couple updates since last weekend (when the accident happened). I have PPF on the car and when I wiped away the “dust”, it looks like while the bumper is a bit off (gap between bumper and panel), there may be minimal paint damage (hoping) and PPF needs to be replaced around those panels.
I checked with Porsche San Antonio and 1) one person asked me to go to the only Porsche authorized body shop in town (they’re booked until September!) 2) the other person said go to another very good (but not authorized) body shop they’ve used previously that does very good work since I let them know the authorized body shop is backed up.
Looking at the picture below, which option would you pick? Also, would you pay out of pocket or process via insurance?
06-25-2023, 11:33 AM
Sorry for your troubles. I had a tree removal truck roll back into me at a stop, owner didn't cooperate with the insurance claim and it took me three weeks to get settlement. I will never use Progressive insurance .....
