i was at the end of my street when a girl in front of me @ the stop sign saw she had missed a garage sale when she saw the sign then she reversed into my car now her ins. allstate is offering me 3300.for my now totalled car & the cash value of my car (1994 saab 900 ) is 4700.00 & they say they arent going to pay rental for me as of 1 week ago so now what do i do w/no check or settlement yet? am i screwed? they told me that the value of my car is 3300.00 i have been looking for a car to replace it and they are at least 4995.0 or higher so what do i do? also they said they will cancel the claim if i dont take there offer can they do that? thankyou for your help
2006-11-26 03:05:50 · 11 answers · asked by scottysnaz 1 in Cars & Transportation ➔ Insurance & Registration
your insurance company should fight that call them up and let them do the work for you...
2006-11-26 03:25:53 · answer #1 · answered by pam m 3 · 1⤊ 2⤋
It sounds like the cars you're looking at are overpriced. You should still negotiate the price on a car you're trying to buy and not just take the price on the sticker. If the insurance company's data supports the value they are offering you there is little you can do. The amount is somewhat negotiable, but not a lot. I think that's a good value for a car that's 12 plus years old.
As far as rental goes, insurance companies (not just Allstate) generally only pay for about 3-5 more days of rental once the total loss offer is made. It's not whether you got your check yet. You should have already been looking for another vehicle once you found out it was totaled.
Why don't you take the settlement and use it as a down payment on a new vehicle? You'd be ahead of the game- not a lot of people out there these days who can put a nice amount down on a new car. Yes, I know you didn't have a car payment before, so why should have have one now- but if you bought another 94 vehicle, you'd be buying potential repairs.
They can't "cancel" the claim. They'll just stop contacting you, cancel your rental, and close their file. If you decide to take their offer then they'll reopen it and handle it.
2006-11-26 05:40:32 · answer #2 · answered by Chris 5 · 1⤊ 0⤋
Once the insurance company makes an offer, (and you don't take it), they have the right to stop paying for your rental. Take a deep breath and calm down. Your best option now is to research the market as much as possible. Locate every vehicle you can as much like yours with same options and near mileage from car lots, papers, etc. and list prices, locations and contact numbers. If the average market value of all those cars are higher than what Allstate is offering then call them back and explain it to the adjuster -- calmly! If he or she won't budge then respectfully request a manager. Keep this up until they are able to give you a satisfactory answer as to why they will not pay for your vehicle at the market rate or actual cash value (ACV). Allstate is a hardnosed company but believe me, there is NO advantage to them to not pay you what they owe. Just remember, if you get combative with them or threaten a lawyer you have sealed your doom. They will slam the door on you at once.
2006-11-26 04:43:40 · answer #3 · answered by Anonymous · 2⤊ 0⤋
Yes, they can cancel a claim if you don't accept it. No, they don't owe you replacement value, only what your vehicle was worth at the time of loss. Rental will only last as long as it reasonably takes to get some other arrangements, so they are probably right in not allowing rental to go on forever. What does your insurance agent say about this? Does he see it as fair?
You can of course refuse to accept and hold out, but then the burden falls on you to prove they legally owe you more than what they are offering. Since all they really owe is money you are out for medical and the value of your car, you'd be hard pressed to prevail. You can also hire an attorney, which will mean the attorney will get a portion of whatever you wind up with, and then they will involve their attorneys and it can drag out for years.
Your choice.
2006-11-26 03:30:10 · answer #4 · answered by oklatom 7 · 2⤊ 1⤋
Brilliant just like the star I gave you. Sign me up with the fourth insurance company, I like their odds.
2016-05-23 04:11:43 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Congrats, you are the first person to post this question and have the brains to post the year and make!
But I ran your car on a couple of websites and come up with a value of about $2900.
So $3200 sounds fair to this old fart.
Where exactly did you come up with $4700?
2006-11-26 14:46:04 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Sue the other person 4 the difference in price.
As long as you can show the value of your car.
Im in the middle of a law suet for the same thing
I got hit by a drunk and there insurance com HARTFORD try to say my car was only worth $1250.00 and the book value was $3800.00
2006-11-26 05:59:17 · answer #7 · answered by Anonymous · 1⤊ 2⤋
take this loser to court, there is a serious criminal charge known as neg driving. make sure she gets a massive fine too, approach her first and ask her which of these two options she would rather choose. then and only then can her insurance company change their mind. or she will be forced to pay the amount you specify out of her own pocket.
2006-11-26 03:11:24 · answer #8 · answered by Anonymous · 2⤊ 1⤋
listen, Don't give in!!!!! Go directly to a lawyer and they will instintly change their attitude. Believe me. I got into an accident by a drunk drive and they tried the same bull. And then I got a lawyer and they changed their attitude right quick. Don't sign any papers at all till you see a lawyer. Your first consulation is free. Especially if you make phone calls around and see what is the best lawyer in your area. TRUST ME!!!!! YOU NEED A LAWYER!!!!
2006-11-26 03:20:39 · answer #9 · answered by Deb 2 · 2⤊ 2⤋
They will f&ck u at every chance possible, thats why they are a trillion dollar industry and most of are working chumps, living check to check
2006-11-26 03:10:23 · answer #10 · answered by Anonymous · 2⤊ 1⤋
Contact your insurance company. You pay them to work on your behalf. I know this was not your fault and your insurance will not penalize you for it, but I would call your agent and see what he can do. You pay them lots of money, make them work for you!
2006-11-26 03:21:54 · answer #11 · answered by Anonymous · 1⤊ 2⤋