sulu911

I’m sorry this is so disheartening.

desmotesta

Not understanding “cash value” Vs “ Market value”
Either your car is insured or it isn’t.
there are dozens of companies that will provide you with a true market value report that you can use to fight the insurance company.
something isn’t adding up here.

if they are offering what you paid , then you are whole, no?
if they are offering true value you are better than whole.

b16gsr

Pretty cut and dry. They aren’t offering what I paid. I paid upper $4X,XXX for the car. The insurance company offered low $3X,XXX for the car. I fight back because the used terrible comps (non S, PDK cars with 2 and 3x miles). Provided them with a myriad of comps in the realm of what and more than I paid. During this time I rack up $5,XXX in attorney expenses trying to find the owner of the carrier and trying to fight the so called insurance that we end up
finding out they don’t have. So no coverage and I am
now over $5X,XXX into this deal. My insurance comes back at low $4X,XXX for the car or keep the car and $3X,XXX. So I am trying to make up that gap.

simple math.

Nashvegas

Noooooooooo! aqua blue !!!! nooooooo !!

b16gsr

Bingo. Looked for 8 months to find an aqua blue manual S with good history. Here we are…….0

festina-lente

This sux. Can you name the insurance company so we can avoid it? Best of luck.

jdgamble

Why wouldn't you take the money, keep the car and get it fixed? How much is it to fix it? I assume you have an estimate. Are they totaling the car?

b16gsr

It’s not my insurance company at fault. The carrier should have insurance they don’t. I am not trying to raise a big flag with my insurance since this is a claim on MY insurance and I will take a hit on premiums.

Why is it that I have to explain myself to everyone. I am just wanting to sell the car to someone who wants to have a fixed Boxster S on a deal.

Bob Z.

https://rennlist.com/forums/market/1408324

b16gsr

I am not replacing the car. I have sold 2 of my others as well.

Muckesäckele

You might want to do some homework.

Our '88 Targa was insured by USAA for is ENTIRE life. Never filed a single claim for 35 years. Our entire family has been loyal to USAA with almost all of our insurance needs. I called them three years ago just to inquire about how much ACTUAL coverage we had on the vehicle. I quickly learned that we had been WAY underinsured for this gem of a vehicle for over a decade. Our specific model is probably worth $50k, but USAA would only pay out approximately $11k if it were stolen or totalled. All they understand is that it's almost a 40 year old car, so it's almost "worthless." (I just went back to look at my notes. Turns out USAA couldn't even give me an accurate estimate on how much they'd pay if the car had been totalled or stolen on the day I called. So they expected me to just go on blind faith that they'd provide "fair" coverage. No way was I going to agree to THAT.) So I inquired about "agreed value" coverage and they simply do not offer it. Plus, they were also total jerks 15 years ago when I inquired about track day, or "driver education" coverage. Not only did they vociferously say they WOULD NOT COVER THE VEHICLE, they followed up by sending us a rather rude letter reiterating their position. Talk about regretting even asking! Kinda sounds like a company that doesn't want our business, despite being life-long loyal customers.

So we switched to Hagerty in a heartbeat and now have coverage to $60k just in case there's a boost in 911 values in the near future. Knowing we would have been HOSED by our insurance company if the car had been in a major crash or stolen was a very sobering experience. I'm so glad I looked into the situation and rectified our major coverage deficit. Oh and BTW, the premiums are almost the same as they were with USAA. Not cool. Not cool at all.

I'd suggest anyone with an older 911 consider a company that offers "agreed value" coverage so they can know what they're getting when insuring their Porsches.

FSWHO

I am very interested in seeing additional pictures of the damage and a walk around video of the car if possible. My email is Made2L4E@aol.com if so. I look forward to discussing the car with you.

festina-lente

USAA member for 26 years. The company USAA is today has nothing to do with the one you and I became customers of back in the day. Customer service has declined precipitously in the last seven years because it is all about profits, not about military families. I also moved my 911 and S2000 to Hagerty a little over a year ago. Nevertheless, Hagerty increased my premium this year, so I will probably start looking for a different agreed value policy next year.

b16gsr

Sent you an email