Just purchased first vehicle...a 2006 Honda Ridgeline! Last week while at work on an oil rig a Halliburton tanker backed right into it ripping the front grill off and putting a scratch on the right front rim. Halliburtons insurance agent just called and told me to go get a few estimates on the damage (probably around the area of $3000.00). I had planned on keeping the vehicle till it reached around 85,000 miles and sell it.....so here is my question. Now that they wrecked my vehicle is it going to show as wrecked or salvaged when they run the vin # when I plan to sell it. If so should I try to get Halliburton for all their worth and where should I take the vehicle for estimates? Whole in the wall body shop or franchised dealership? Thanks for your help!
2007-09-13 23:35:21 · 6 answers · asked by C-Hen 2 in Cars & Transportation ➔ Insurance & Registration
Most dealers do not do body work. They sub it out and then charge you with their profit added in. Ask them if they do the work themsleves before you get the quote.
Anyway...
Get the three estimates. Once the claim is paid it will be reported to a central system that will show the loss is they run your vin. It will show a collision claim and the amount paid. A $3000 claim will not have much affect on anything. If it was $10k it would be an issue.
2007-09-14 03:01:14 · answer #1 · answered by PJ 5 · 0⤊ 0⤋
First off, an insurance company by law is only responsible to compensate you for the damages caused by their insured. You will never find a lawyer out there that will attempt to sue the company because they caused damage to your vehicle, no money in it and besides the insurance company is doing what they are supposed to do.
Second, if and when you ever try to sell the vehicle, if it is reported to CARFAX as being involved in an accident, it will not be listed as a "SALVAGED" vehicle, this only happens if the vehicle is deemed a total loss, not going to happen with 3000$ in damages..and its possible the body shop might not even report it to CARFAX
In regards to the shop of your choice. Pick a shop that you know is good and is certified. Direct repair shops for insurance companies are a great choice. They are not cut rate, and in fact insurance companies do not have negotiated prices with their shops, they pay their own shops as much as they pay shops not in their program. The benefit to using a Direct repair shop offered to you by the insurance company paying for your damages are that the insurance company has validated their work and will guarantee their work for as long as you own the vehicle.
2007-09-14 06:33:08 · answer #2 · answered by meekless2001 4 · 0⤊ 0⤋
Why would you want to sue Haliburton for all they are worth? They had an accident and they are paying for it. When someone does a carfax history report this will show up. There is no way to avoid this. However, this will not be a salvaged title and you shouldn't be worried about what reports will be on the vehicle. They will repair the vehicle back to the original condition. Go to a repair shop in which you trust, that is what is important.
2007-09-14 04:28:59 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Get 3 estimates ... a combo of hole in the wall and franchised is good. It should only show on your vin# at sale time if the vehicle was deemed totalled or salvaged. Primarily, if the frame hasn't been bent .. you should be fine.
2007-09-13 23:46:38 · answer #4 · answered by Lou C 4 · 0⤊ 0⤋
take it to dealerships that actually do the work. Make sure the work is done with new parts. Places like Carfax get this type info so used car buyers are aware of any damages done to the vehicle.
2007-09-14 03:56:11 · answer #5 · answered by sensible_man 7 · 0⤊ 0⤋
new vehicle repairs should be done at the dealership only and not some cut rate insurance company approved shop.
2007-09-13 23:41:19 · answer #6 · answered by Steve 4 · 0⤊ 2⤋