Stolen Rims/Tires

[P0pinjay]

So my rims and tires were stolen off my car this past week. I've filed a police report and claim with my insurance. The insurance people said I should submit receipts for whatever it takes to replace them. Ok, fine. My question is this. If I decide to replace them with wheels/tires of lesser value what does the insurance company owe me?

Seems like they owe me the value of what I lost minus my deductible. Does anyone have any experience with something like this and can offer advice? Thanks.

 

[Gillbot]

usually, once you get estimates, they just cut you a check. If you buy lesser values items, it's on you.

 

[CRXican]

1. Provide reciepts for the wheels and tires that were more expensive.
2. Purchase lesser priced wheels.
3. Keep the difference
4. ???
5. Profit

 

[The Boston Dangler]

get an estimate for the wheels and tire you had, and submit it. take the check and spend as you wish.

 

[Knavish]

Let me correct this...

Originally posted by: CRXican
1. Provide reciepts for the wheels and tires that were more expensive.
2. Purchase lesser priced wheels.
3. Keep the difference
4. ???
5. Profit for the Insurance Company when they increase your rates for making a claim!

 

[daw123]

Originally posted by: Knavish
Let me correct this...

Originally posted by: CRXican
1. Provide reciepts for the wheels and tires that were more expensive.
2. Purchase lesser priced wheels.
3. Keep the difference
4. ???
5. Profit for the Insurance Company when they increase your rates for making a claim!

He's right. You need to find out how much your premium will increase by, due to loosing NCB for making a claim, against how much the new (or secondhand) rims and tyres would set you back. It may turn out to be more expensive making the claim.

You may also be able to get a set of secondhand rims and tyres for cheaper if you are buying them yourself. Have a look on fleabay.

 

[chorb]

Originally posted by: CRXican
1. Provide reciepts for the wheels and tires that were more expensive.
2. Purchase lesser priced wheels.
3. Keep the difference
4. ???
5. Profit

I dont think step 4 really applies here. Its pretty clear cut that step 3 leads to step 5.

 

[P0pinjay]

Originally posted by: The Boston Dangler
get an estimate for the wheels and tire you had, and submit it. take the check and spend as you wish.

Who do I get to provide this estimate?

 

[P0pinjay]

Originally posted by: daw123

Originally posted by: Knavish
Let me correct this...

Originally posted by: CRXican
1. Provide reciepts for the wheels and tires that were more expensive.
2. Purchase lesser priced wheels.
3. Keep the difference
4. ???
5. Profit for the Insurance Company when they increase your rates for making a claim!

He's right. You need to find out how much your premium will increase by, due to loosing NCB for making a claim, against how much the new (or secondhand) rims and tyres would set you back. It may turn out to be more expensive making the claim.

You may also be able to get a set of secondhand rims and tyres for cheaper if you are buying them yourself. Have a look on fleabay.

Good point...I'll have to check how much this claim will affect my rates before I go through with it. Thanks.

I have been checking fleabay and craigslist...mostly to see if my old rims go up for sale...

 

[Bignate603]

I had a tire place destroy one of my machined aluminum rims. They paid out for an insurance grade rim which was $250. My local junkyard had the same rim for $50. That was $200 in my pocket.

 

[T2urtle]

Originally posted by: Knavish
Let me correct this...

Originally posted by: CRXican
1. Provide reciepts for the wheels and tires that were more expensive.
2. Purchase lesser priced wheels.
3. Keep the difference
4. ???
5. Profit for the Insurance Company when they increase your rates for making a claim!

that might be true, but your rates are going up the same if you are asking for $800 wheels or $3000 forged wheels.

THIS IS WHAT INSURANCE IS FOR. if they raise up your rates the next payment, screw them and move over to another company... aside from it being the law,if you drive 3 years accident free your giving the company like $3000 i would say a normal household.

these are things to talk to people before you put stuff on your car... i'm going to do that before i get my wheels that are roughly about $2000 + tires.

 

[The Boston Dangler]

Originally posted by: P0pinjay

Originally posted by: The Boston Dangler
get an estimate for the wheels and tire you had, and submit it. take the check and spend as you wish.

Who do I get to provide this estimate?

didn't the insurance company send an appraisor to the car?

 

[P0pinjay]

Originally posted by: The Boston Dangler

Originally posted by: P0pinjay

Originally posted by: The Boston Dangler
get an estimate for the wheels and tire you had, and submit it. take the check and spend as you wish.

Who do I get to provide this estimate?

didn't the insurance company send an appraisor to the car?

nope

 

[PlasmaBomb]

Originally posted by: The Boston Dangler

Originally posted by: P0pinjay

Originally posted by: The Boston Dangler
get an estimate for the wheels and tire you had, and submit it. take the check and spend as you wish.

Who do I get to provide this estimate?

didn't the insurance company send an appraisor to the car?

To appraise the wheels and tyres which were stolen...?

 

[bruceb]

That type of claim usually goes under Comprehensive coverage, not collision so it should not affect your rates that much. A call to your insurance company or agent will be able to tell you if they will go up or not. And next time, buy a set of McGards to put on the wheel
lugs.

 

[halik]

I've never had comprehensive premiums increase over claims - Had a windshield replaced, car repainted due to gravel etc.
It would be stupid to carry and pay for comprehensive and then not file a claim when something that it covers actually happens.

 

[Don Vito Corleone]

Originally posted by: halik
I've never had comprehensive premiums increase over claims - Had a windshield replaced, car repainted due to gravel etc.
It would be stupid to carry and pay for comprehensive and then not file a claim when something that it covers actually happens.

Same here, and I have filed comprehensive claims totaling more than $25K (I had a car stolen, and also made claims for vandalism and a glass claim). USAA has explicitly told me my rates will only go up if I make a collision claim for an at-fault accident (which, unfortunately, I have done on one occasion).

 

[liquidblue]

Reviving an old thread here. My rims and tires were stolen a few days ago... why I don't know. They were OEM tires and nothing special about them. Where I live there's barely any traffic (side street) so must've been someone around here that has been eyeing the rims for a while. The insurance is giving me the value of the wheels/rims and towing minus the deductible like the OP. I had it towed to the dealership where they looked under the car and found no damage. I just came back from a body shop and of course they're over exaggerating the damage. There is a dent on both rear quarter panels that I overlooked from the bastards leaning on and kicking the wheels off. Insurance doesn't list that in the estimate. Plus on the passenger's side they jacked the car up in the wrong spot (on the skirt) so it is a bit bent but doesn't seem broken. Body shop says needs to be replaced and probably sheet metal underneath seats is probably bent. I'm not an expert, but the jack wasn't that deep in. So my question is, what should I do here? Just take the money, run and buy wheel locks, or have to deal with the insurance company and argue about adjusting the estimate and taking it to the body shop who wants to keep the car for a day prior to the adjuster to come look at it? Sounds a bit fishy.

 

[Saga]

Considering the insurance company is only going to pay you 75% at the most (even minus you biting your deductible) you're likely going to have to replace with lesser value anyway.

 

[kevbot]

So my rims and tires were stolen off my car this past week. I've filed a police report and claim with my insurance. The insurance people said I should submit receipts for whatever it takes to replace them. Ok, fine. My question is this. If I decide to replace them with wheels/tires of lesser value what does the insurance company owe me?

Seems like they owe me the value of what I lost minus my deductible. Does anyone have any experience with something like this and can offer advice? Thanks.

Your insurance company owes whatever it takes to make you "whole". If your car is 5 years old, they owe you for the value of 5 year old rims. The tires are a little trickier though.

When I was looking at cars, alloy rims were a $400 factory option. Try to go to the parts counter and buy 4 rims for $400 and see how that works.

Anyway, the answer to your question is contact your agent. People pay good money for insurance, but are afraid to use it in the exact circumstances it is intended for. I don't believe they will raise your rates for comprehensive claims. That's what my policy with Progressive claims at least. Good luck!

 

[liquidblue]

kevbot - I'm sure OP has already resolved his issue. How about my question. Maybe I should've made a new thread.

 

[kevbot]

kevbot - I'm sure OP has already resolved his issue. How about my question. Maybe I should've made a new thread.

Sorry about that. I actually meant to reply to you but I went all stupid. I haven't had my wheels stolen before, but I've always had the best luck with just contacting my insurance company and relying on their advice when bad things have happened, my fault or not.

My whole point is just to use what you are paying for, and I wish you the best.

 

[SooperDave]

Some of you have very different insurance than me. My insurance pays 100% minus my deductable of brand new OEM parts ( if available) and labor for whatever shop I choose to put my vehicle back on the road. Used to be insurance would send you to their bodyshop and they would use aftermarket (often substandard) parts and short cut the labor as much as possible. Lawsuits brought an end to this practice years ago ( or so I thought).

Liquidblue, maybe a new thread would help and clarify your question too. If I understand correctly you want to know if it is worth your time and effort to get a revised estimate and fix these other items. I don't know how we can answer that for you. Some people care more about minor damage than others. As far as replacing your rocker panel goes we would need a pic to better judge the damage but in general replacement is better than repair. I hope this helps

 

[alkemyst]

WTF...new thread. Have you talked to your fucking agent yet?

 

[T2urtle]

Wheels are taken for more reasons then the obvious.

People were taking OEM rims off esclades because they just wanted to tires back then when they cost a $$$$$. some take OEM wheels that look nice like SRT10 wheels or something fancy. Kids are bored. You might of been pissing people off.

Either way, tell them to adjust it correctly. THere is more damage then just wheels have the shop point it out and etc. Its better coming from a shop then yourself. Get your money and do whatever you want with it. Fix it or let it be.

I need to go ask my agent about my OE forged wheels. My OE rims are like $300-400 at the dealership. But i picked up a set of OE forged wheels that were part of a package for the 350z. Roughly $700-800 a wheel from nissan. if some case someone takes them what would i say? I bought the wheels used, but have plenty of pictures..... One reason why i went with 350z FORGED OE wheels is because they blend in and are not flashy. No one knows what they are