• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Wife rear-ended someone. . .

S

surreal1221

Golden Member
Considering that it is a 97 Camry LE, with 135k miles on it. . . I wouldn't be surprised if the insurance company totals it out.

If this is the case, are there any auto insurance guru's here that could tell me the value that we could perhaps get?
 
I thought this said she was rearended by someone. I'm somewhat relieved.

Just remember that insurance companies don't go by the bluebook value. They go by the "fair market value" which is always below bluebook.

EDIT: BTW...when it comes to replacing a vehicle on the fairmarket value. Never take their first offer. Look around and show them comparible vehicles in your area and make sure you at least get what those are going for.....plus don't forget to explain to them that the whole ordeal is going to cost you the sales tax on the replacement, etc...and really sound frustrated on the phone.
 
Well if you mean if they total YOUR car then the more you get the more you will pay for insurance. So pay fot it now or later, they will get their money from you.

Insurance FTL 🙁
 
Can't you just buy the car back from the insurance company after the total it? Its usually only like a couple hundred bucks or something. My boss's son drove a car for 4 years after the insurance company totaled it. The trunk just wouldn't shut all the way.
 
Originally posted by: bobbybe01
You might wanna switch to GEICO.
Click to expand...

"Asking people if they want free quotes is like asking if they want free pie and chips.....who doesn't want free pie and chips....it's pie.....and chips."

 
does the car still drive if the car still works you can like someone said. I hope you don't have Geico they are way down on the list as far as insurance companies go and how much they'll work with you.
 
claims will check in your area for how much similar cars are selling for (private sale). that is what the take into effect.
Even if its an older car, if she just rearended someone, i would be shocked if they totalled it
 
Originally posted by: surreal1221
Originally posted by: bobbybe01
You might wanna switch to GEICO.
Click to expand...


Been a GEICO customer for years now. . . whats your point?
Click to expand...

Good luck then! GEICO save a buck or two a month but when you need them they screw you. Just prey they the other person doesn't sue then GEICO might drop you then see how much you saved!
 
Originally posted by: HBalzer
Originally posted by: surreal1221
Originally posted by: bobbybe01
You might wanna switch to GEICO.
Click to expand...


Been a GEICO customer for years now. . . whats your point?
Click to expand...

Good luck then! GEICO save a buck or two a month but when you need them they screw you. Just prey they the other person doesn't sue then GEICO might drop you then see how much you saved!
Click to expand...

Bunch of half baked comments. . .appreciate it guys.

Anyone with any sort of substance?
 
Originally posted by: Scarpozzi
I thought this said she was rearended by someone. I'm somewhat relieved.

Just remember that insurance companies don't go by the bluebook value. They go by the "fair market value" which is always below bluebook.

EDIT: BTW...when it comes to replacing a vehicle on the fairmarket value. Never take their first offer. Look around and show them comparible vehicles in your area and make sure you at least get what those are going for.....plus don't forget to explain to them that the whole ordeal is going to cost you the sales tax on the replacement, etc...and really sound frustrated on the phone.
Click to expand...

When our car was totaled they went to around 10 dealerships near our area, give or take 100 miles. And found cars that were similar to ours and used that to determin a fair market value. I think they used around 15 vehicals to determine the fair market value.
 
Originally posted by: LolaWiz
claims will check in your area for how much similar cars are selling for (private sale). that is what the take into effect.
Even if its an older car, if she just rearended someone, i would be shocked if they totalled it
Click to expand...

You mean dealerships, our insurance companies doesn't check private sales only dealerships.
 
Originally posted by: LolaWiz
claims will check in your area for how much similar cars are selling for (private sale). that is what the take into effect.
Even if its an older car, if she just rearended someone, i would be shocked if they totalled it
Click to expand...


Hood damage, front clip appears to be pushed in a good 4-5in, will need new headlight / turning signals. So, only a matter of time.
 
The car will only get totaled if there's a fair amount of frame damage. It doesn't sound like there is from what you posted.
 
Originally posted by: surreal1221
Originally posted by: LolaWiz
claims will check in your area for how much similar cars are selling for (private sale). that is what the take into effect.
Even if its an older car, if she just rearended someone, i would be shocked if they totalled it
Click to expand...


Hood damage, front clip appears to be pushed in a good 4-5in, will need new headlight / turning signals. So, only a matter of time.
Click to expand...

Did the air bags deploy?
 
Originally posted by: Krazy4Real
The car will only get totaled if there's a fair amount of frame damage. It doesn't sound like there is from what you posted.
Click to expand...

yeah. Damage has to excede %50 of the cars value.
 
Insurance companies will total out a car if it hits 70% of the value. I'm sure there are a number of '97 Camry's for sale so they will check out dealerships (in my instance, there was only 1 SC400 being sold in my area and it was an older '92 so they went with the NADA value)
a good quick dirty estimate is 60$ a hand. Count how many hands the damaged area covers and multiply it by 60. It's not perfect but will give you a quick estimate. airbags will cost ~1500$.
 
Originally posted by: LolaWiz
claims will check in your area for how much similar cars are selling for (private sale). that is what the take into effect.
Even if its an older car, if she just rearended someone, i would be shocked if they totalled it
Click to expand...


Lola is smart.
Listen to her.
And, find your own "Comps"
They may come in handy.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top