How to get my stolen car's value back from insurance?

Question

Hi, my car was stolen from a repair shop that I had left overnight for maintenace work. I say they are negligent for not securing the keys. I filed a claim through their insurance and through my insurance thinking mine would go after them and give me a fair price for what I payed, not the current market value. I heard about the arbitration. Any suggestions on steps I can take to recover more money? plus why should I pay the deductible? Shouldn't I receive money from both insurances? I also incurred other expenses, I had to spend money on notaries, lost time from work, gas money making all these trips for the investigators etc.
Thank you very much for any advice.

Don't tell me to grow up. first, i did not say i wanted double. second, i invested alot of money on the car making it worth more then the market value, third, i didn't ask to have it stolen, i was not planning on selling it, I don't want somebody's elses beat up car sold today.

Answer 1

Your kidding right? You really think you should get DOUBLE the value of your car? And collect from both companies? Honey.. thats ridiculous.

If you go through your insurance you ALWAYS pay your deductible. In your contract it said you would.. regardless of fault. They arent a charity organization.. they are a business.

After they pay out.. they may go after the other insurance for their moeny back.. as well as your deductible. However, if the body shop wasnt negligent.. and had their building locked etc.... they wont have mcuh luck.

And no.. you are not owed any of those other expensives. That isnt what you are legally entitled to and thats not whats in your insuarnce contract. THIS IS LIFE. Crap happens. They cant fix every little inconvenience you face. You are only owed the value of your car.

Last but not least.. you seriously think you are owed what you paid on the car .. and not the market value? You really do live in a fantasy world dont you?! You care has depreciated since you got it.. and your only owed an amount to get you a car comparable to your car when it was stolen.. not a newer car like yours used to be. GEESH. GROW UP.

Answer 2

At - QUOTESTOCOVER.INFO- you can get quotes in just a few minutes

RE How to get my stolen car's value back from insurance?

Hi, my car was stolen from a repair shop that I had left overnight for maintenace work. I say they are negligent for not securing the keys. I filed a claim through their insurance and through my insurance thinking mine would go after them and give me a fair price for what I payed, not the current market value. I heard about the arbitration. Any suggestions on steps I can take to recover more money? plus why should I pay the deductible? Shouldn't I receive money from both insurances? I also incurred other expenses, I had to spend money on notaries, lost time from work, gas money making all these trips for the investigators etc.
Thank you very much for any advice.

Answer 3

Compare quotes from the best companies at http://help.howmuchiscarinsurance.us

RE How to get my stolen car's value back from insurance?

Hi, my car was stolen from a repair shop that I had left overnight for maintenace work. I say they are negligent for not securing the keys. I filed a claim through their insurance and through my insurance thinking mine would go after them and give me a fair price for what I payed, not the current market value. I heard about the arbitration. Any suggestions on steps I can take to recover more money? plus why should I pay the deductible? Shouldn't I receive money from both insurances? I also incurred other expenses, I had to spend money on notaries, lost time from work, gas money making all these trips for the investigators etc.
Thank you very much for any advice.

Answer 4

Unfortunately, you're only owed the market value of your car. If you've paid more than that, that's not their fault. If the shop was negligent, then their insurance should pay you fair market value. If not, yours pays it and you have to pay your deductible. However, your insurance company may go after them for reimbursement, and could get you part/all of your deductible back. As for all your other expenses, that's life. You could take the company to court and win that money back that way, but no insurance company is obligated to repay it.

In short, you're entitled to fair market value from one of the companies, and nothing more.

Answer 5

You lost the car at current market value.
You are indemnified at current market value.
What you paid for it is considered market value plus the use you've already had out of it.
If you added improvements, (sound system, fancy rims, etc.), and can prove it, you might raise the value a bit. - Maintenence doesn't count.
Unless you'd 'just bought it yesterday` forget the origional cost.
You might be entitled to legitimate expenses arising from the loss.

Answer 6

For free insurance quotes

Answer 7

I DON'T THINK SO.

Answer 8

Try: INSURANCETOCOMPARE.INFO where you can compare quotes from different companies.

Answer 9

Try https://tr.im/iNOSu