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SignUp Now!No, unfortunately, it's like it fell of the face of the Earth.
I am trying to move on and on to the next project and next Turbo Buick
Did you call me about the car too?
In my recent experience, for those who may not have read, I was able to get an appraisal done even though it was after the car was stolen. Keeping receipts and lost of pictures help with that.
Actually, you have a legal right to get an appraisal done. It is exactly what the insurance company does anyway. Point is you don't have to go by just what their appraisal says.
Here is the basics of what the insurance company has done so far and what I have heard of them doing with most others as well;
1st offfer = rediculously lowball you, in my case $2000
2nd offer = $12,600. Much better but I have an appraisal for $21,500 and they pissed me off with the first offer as well as their appraisal company taking over a month to do their appraisal.
So I am now going into Arbitration which is where your appraiser and their appraiser and a judge (usually retired, non-formal setting) will meet and come to a conclusion and it is binding.
It will be 3 months since the car was stolen on the 6th of Dec.
This would have been far easier if I had an Agreed value policy. No fuss, no muss, they would have just paid me what we agreed on minus the deductible.
Not trying to jack your thread but I have learned a lot about insurance, theft, etc in the last few months. So I hope this helps.
Jason
When i first got my corvette Farmers was charging me 300 every 2 months Then i found out they had it covered as a regular 90 corvette If i would have been in an wreck i would have been screwed. I called state farm and told the guy what was happening .He told me stated value insurance for 32,000 was $326 every 6 months.He said there is a mileage limit but he said they never check it. I told hem that i was building an 89 formula with a gn drive train. he said they needed pics of both sides of car the interior and one of the engine. He told me they do review all apps to verify value.
Stated Value = you tell the insurance what it's worth and they insure it for that. Problem, they depreciate it. SO say something happens 5 years down the road they take away $X just because.
Agreed Value; You and the insurance company set a value say $20K. Anything happens to the car and you are covered to that amount.
Depending on your insurance and value, etc. you may need to have an appraisal on file.