Insurance Fight
#1
Rennlist Member
Thread Starter
Insurance Fight
does anyone have the 993 option code list and corresponding prices? thanks.
#2
I have the original window sticker for my lightly optioned '95.
If you PM your email address I can scan and send to you.
By the way, a few weeks ago I was able to make an agreed value of $50k for my 100k mile car with State Farm; they consider the car an "antique" since it is over 20 years old.....and my annual premium wend DOWN by about 35%!
Gordo
If you PM your email address I can scan and send to you.
By the way, a few weeks ago I was able to make an agreed value of $50k for my 100k mile car with State Farm; they consider the car an "antique" since it is over 20 years old.....and my annual premium wend DOWN by about 35%!
Gordo
#3
Rennlist Member
Thread Starter
I have the original window sticker for my lightly optioned '95.
If you PM your email address I can scan and send to you.
By the way, a few weeks ago I was able to make an agreed value of $50k for my 100k mile car with State Farm; they consider the car an "antique" since it is over 20 years old.....and my annual premium wend DOWN by about 35%!
Gordo
If you PM your email address I can scan and send to you.
By the way, a few weeks ago I was able to make an agreed value of $50k for my 100k mile car with State Farm; they consider the car an "antique" since it is over 20 years old.....and my annual premium wend DOWN by about 35%!
Gordo
#4
POACB
Rennlist Member
Rennlist Member
#5
Rennlist Member
Just curious...What correlation can be made by calculating the MSRP of a 22-to-18 year-old vehicle to current value? To me, condition, mileage and market are the primary factors. Yes, certain options might have a bearing but, IMHO, to a lesser extent.
#6
Options on these cars can add $30k to the MSRP. Also the right options can change the market value (sport seats, PTS, etc).
#7
Gordo
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#8
Rennlist Member
Thread Starter
thanks guys. the relevance here is for a DV claim. the insurance company is erroneously using a bare bones C2 (16 inch wheels and all) as the benchmark. my car is a decently optioned C4. hence, i'm insisting they use correct values when running their calculations.
#9
Banned
1. Are you making the DV claim against your insurer, or against a third party? If against your insurer, have you read the exact language in your policy on this matter? You also need to research if your state laws allow this (many do not).
2. Hagerty, which is one datapoint, actually values a 1995 #2 C2 ($78K) higher than a #2 C4 ($68K). This is one of the few places you point someone to on values without doing a lot of legwork. The bigger issue besides whether you even claim DV is getting an insurer to use reasonable market prices. Prices for most 993's have been flat or trending down since earlier in the year as well.
3. I agree with the comment that mileage/condition and add originality/history are going to effect value more than most options for a 993 C4. Sure soft back seats or PTS add value, so do hardbacks, but beyond that it has to be a pretty unique set of options to really make a big difference. The C4, for whatever reasons, has not been viewed as a collectible like the Turbo, or even the C2S/C4S so I think options (again with some exceptions) do not play as much a part of the value of the car.
2. Hagerty, which is one datapoint, actually values a 1995 #2 C2 ($78K) higher than a #2 C4 ($68K). This is one of the few places you point someone to on values without doing a lot of legwork. The bigger issue besides whether you even claim DV is getting an insurer to use reasonable market prices. Prices for most 993's have been flat or trending down since earlier in the year as well.
3. I agree with the comment that mileage/condition and add originality/history are going to effect value more than most options for a 993 C4. Sure soft back seats or PTS add value, so do hardbacks, but beyond that it has to be a pretty unique set of options to really make a big difference. The C4, for whatever reasons, has not been viewed as a collectible like the Turbo, or even the C2S/C4S so I think options (again with some exceptions) do not play as much a part of the value of the car.
#10
Rennlist Member
Thread Starter
thanks bob. it's against the other person's insurance.
#11
You may want to stop that claim with them and go through your carrier, they have the policy with you and will treat you more fairly. The other carrier could not care less.
Your carrier will go after the other carrier after they paid you and get there money back and your deductible. When that happens your record will be wiped clean from any payout. That usually takes around 6 months for that process. You go through the other carrier if its not your fault and if you DO NOT have collision coverage.
Your carrier will go after the other carrier after they paid you and get there money back and your deductible. When that happens your record will be wiped clean from any payout. That usually takes around 6 months for that process. You go through the other carrier if its not your fault and if you DO NOT have collision coverage.
#12
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Join Date: May 2014
Location: Bakersfield, California
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Flyt993, I have Hagerty and obtained an agreed value of $60k over the phone without any problems. I have had no claims with them so far. On the topic of filing against your own insurance as oposed to the other party's insurance. I have AAA on my other cars and homes. My agent would agree with the others that you should file with your own insurance so you get the customer service and values you payed for. If you are not at fault your agent should repair or replace your car. Once all is settled your company will recoup all they have paid from the at fault party's carrier. Basically utilizing your own company ensures you get what you pay for and not what some other carrier may or may not want to pay. Also it does not count against you on your insurance. You will have an accident on DMV but not at fault which should have no negative outcome against you. RC
#13
Rennlist Member
Thread Starter
appreciate the advice and support on this board. that's why i love this place.
the other party's insurance has already paid for the repairs, which were completed at a tier 1 shop. her insurance has also already agreed to pay my dv claim (in writing). the question now is how much, and how they are valuing/assessing my car. that is the fight i am having with them. will let you know the outcome once fully settled.
the other party's insurance has already paid for the repairs, which were completed at a tier 1 shop. her insurance has also already agreed to pay my dv claim (in writing). the question now is how much, and how they are valuing/assessing my car. that is the fight i am having with them. will let you know the outcome once fully settled.
#14
I have the original window sticker for my lightly optioned '95.
If you PM your email address I can scan and send to you.
By the way, a few weeks ago I was able to make an agreed value of $50k for my 100k mile car with State Farm; they consider the car an "antique" since it is over 20 years old.....and my annual premium wend DOWN by about 35%!
Gordo
If you PM your email address I can scan and send to you.
By the way, a few weeks ago I was able to make an agreed value of $50k for my 100k mile car with State Farm; they consider the car an "antique" since it is over 20 years old.....and my annual premium wend DOWN by about 35%!
Gordo
#15
Banned
https://www.statefarm.com/insurance/...e-classic-cars