My car was totaled...amd I entitled to any money for some additions I had on the car?

Question

They gave me an unofficial settlement as it hasn't been signed by a supervidor yet. I had a stereo system in the car but removed the subwoofer, amp and cd player, however, I left the speakers and wires in the car. With a receipt for these items am i entitled to additional money on the settlement. Also i put 4 brand new tires on the car within the last 6 months and had less than 2000 miles on them. Do they take that into consideration for more money. Thanks

Ok I replaced the factory cd player and i have the original speakers but the speakers i put in myself are worth 300 dollars and the wires for the system are another 200. Im not trying to ask for money for stuff that isnt there, just for the speakers and maybe wires (which have nothing to do with maintenance) but I would rather just be able to take them out. Seeing that their mine and i have receipts for them and if needed i can replace all the original equiptment I dont see why i shouldnt receive at least some reimbursement for them. And the point about the tires is because theyre so new, I was wondering if that should add anything onto the settlement. As far as i know they base the settlement on the price of similar cars in the area and when selling a car new tires and other maintenance can effect the price

Answer 1

First of all, with regard to tires, and other pieces of equipment, it is automatically assumed with a total loss settlement that the vehicle has been maintained and is in good condition. Sometimes the adjuster will give a "betterment" adjustment if it's very new. You'll have to ask. With regard to the stereo equipment, you did not suffer a loss if you removed them from the vehicle. I'm confused as to why you think you are entitled to something for that. The speakers and wires you can mention, but without the other parts of it, they may not add much to the value. Especially if they were not stock and you did not previously tell the carrier about the customization. These are all things that you should tell your adjuster.

Keep in mind, however, that the total loss settlement is negotiable, and if you can't arrive at an actual fixed figure for the items, you could probably negotiate a bit more. I wouldn't be looking for a ton of dough though. They've probably already offered you the value and then some to settle.

This is just general insurance info and may not apply to your case because so much differs by state and somewhat by the insurance company.

Answer 2

When a vehicle is totaled, and you are paid for it, you are entitled to the worth of the vehicle, adjusted for condition. It would be up to the insurance to decide if you added to the value with things left with the vehicle. Frankly I'm surprised they let you take the electronics out of the car. Usually things attached stay with the car. Did you put the factory stereo back in? If not I doubt they would give you much for speakers and wires. Also things like tires and brakes are assumed to be good and factored in. If your tires are over-worn that may be added to the cause for the accident and reduce what you get, but 6 month old tires would not be an asset.

At any rate, talk to your insurance and see what they say.

Answer 3

it depends on the insurance company. some companies require it as an add on for any customizations some cover up to a certain amount. tires they really don't have to cover because that could fall under normal wear and tear and some companies don't add those on. Rims they can if it was endorsed onto your policy but then again it depends on your insurance company. For future reference if your insurance company does inspections for full coverage bring the reciept and let them see it in your vehicle so it will be notated. also you can take pics of what you put in there the same day it's installed so the dates will match with the pic and reciept. good luck having things fixed for you. been there through it too

Answer 4

definite and no. they are entitled to reclaim any settlement you won for damages they initially reimbursed. in the event that they gave you $1500 on your motor vehicle they get that $1500 decrease back. they are no longer entitled to the different damages settlement you get carry of. as an occasion soreness and suffering, medical costs (ones the coverage enterprise did no longer pay initially), time without work from paintings, criminal costs, etc. base line, if the coverage enterprise paid you for damages, then you definitely sue somebody else for the comparable damages and get a settlement, the coverage enterprise gets their money decrease back. you merely did your coverage enterprise a prefer. and that they're going to nonetheless in all probability develop your quotes because of the fact they paid you a declare contained in the 1st place. coverage firms desire a extreme overhaul, they are criminal. merely ask those human beings hit by hurricane Katrina who paid coverage quotes for 20+ years, and lost each and every thing contained in the water surge brought about be the winds of the hurricane. yet because of the fact the abode became washed away and not blown away for the period of the hurricane we get no longer something to rebuild our lives!

Answer 5

Whenever you add extra stuff to your vehicle you should tell insurance company so they can add extra coverage if you don't tell them then it will be hard to prove especially if they strip or torch the vehicle.The insurance goes up but you do want to get re-imburst?There not going to pro rate wear and tear on used tires to pay you.

Answer 6

So, you want additional money for some wires and tires that are considered maintenance items? Dream on.

Answer 7

tires are maintenance, so nothing there

radio could be considered, but it'd be depreciated, and you'd need to show receipts...count on about 25% of what you paid

insurance companies are terrible to pay out money, but they love to collect

Answer 8

OK --everybody repeat after me, one, two three...... DUH. your cluching at straws