by Guest » Sun Sep 16, 2007 11:12 am
Hello guys, I have a question:
I was in accident where a truck making a left turn from the middle lane hit my car's passenger side, while I was making a left turn from the far left lane. I t happened in NY, I have NY plates, the truck - WI plates. Long story short, I have basic-only insurance coverage trough Geico. They are not fighting for me, I have to take care f the claim. I filed a claim with Geico & the other driver's insurance co. They sent an adjuster to inspect the vehicle, take my statements etc and now I have received a letter from the adjuster, offering half of the sum that my repairs cost. The letter, however is titled "Release from all obligations" and practically says that they are paying me to release them from all obligations regarding this case, but it doesn't mean that they confess that it has been the other driver's fault neither they are closing their claim down. Meaning that they can still demand money from my insurance.
What should I do?
Thanks for your time!
I was in accident where a truck making a left turn from the middle lane hit my car's passenger side, while I was making a left turn from the far left lane. I t happened in NY, I have NY plates, the truck - WI plates. Long story short, I have basic-only insurance coverage trough Geico. They are not fighting for me, I have to take care f the claim. I filed a claim with Geico & the other driver's insurance co. They sent an adjuster to inspect the vehicle, take my statements etc and now I have received a letter from the adjuster, offering half of the sum that my repairs cost. The letter, however is titled "Release from all obligations" and practically says that they are paying me to release them from all obligations regarding this case, but it doesn't mean that they confess that it has been the other driver's fault neither they are closing their claim down. Meaning that they can still demand money from my insurance.
What should I do?
Thanks for your time!
Posted: Sun Sep 23, 2007 11:57 am Post Subject:
i'm sorry i don't know why this posted twice, i think i've over the ten posts today anyway..if not (a cc to lakemen) plz 'dock' me for one or the other...lori
Posted: Sun Sep 23, 2007 12:10 pm Post Subject:
Lori thank you so much for the info Ill look into in. The thirty days have passed already unfortunately while I was trying to get the guy's insurance info but thats ok I'll manage. Once again, thank you, Lori Ill keep you updated. :D
PS What is with the 10 posts?
Posted: Sun Sep 23, 2007 12:17 pm Post Subject: under the ''terms of use''
PS What is with the 10 posts?
Taken from the TOS page...
One does not earn anything after making 10 posts over a period of 24 hrs. under the terms of use;
The posts after the 10th aren't paid for but one can surely make any no. of relevant posts in a day they want to. This has been done to prevent spamming just for the sake of earning some quick bucks.
Post edited by Evan
Posted: Sun Sep 23, 2007 12:24 pm Post Subject:
That is a good thing because I see a lot of people posting nonsense just to earn money. I am also a member of http://www.debtconsolidationcare.com/ forums and there are a lot of registrations there that are trying to post gibberish to earn. They should implement the 10-post rule there as well it will make it a lot better for everybody :D
Posted: Sun Sep 23, 2007 01:29 pm Post Subject:
@ Lori
The matter is resolved now Lori. :)
@ smilenyc07
Dont worry smilenyc07, the DebtCC guys would also surely do something like it the moment they know that it is needed. :)
I appreciate you guys. :)
Posted: Sun Sep 23, 2007 01:34 pm Post Subject:
Are you guys in the same organization, I mean your websites seem to be connected. Why not connect theit usernames/passwords also so I can be logged in all of them with one user/pass?
Thanks :D
Posted: Sun Sep 23, 2007 02:40 pm Post Subject:
All the four websites that you see at the top are sister sites that fall under the ourcommunitypower banner.
Thanks for the suggestion, we would definitely look into it. :)
Lakemen
Posted: Mon Sep 24, 2007 04:17 pm Post Subject:
Hi,Smilenyc07
First you've to take the issue differently.Just ask for clarification from your adjuster about your reduced 50% claim amt.What's the basis of his assessment? And what spares & labor had he allow? If its net claim(after deductions of deductibles,depreciations etc.) or 50% of repairing estimate.
If involved truck's insurer has to share(irrespective of who's at fault),then this isn't the procedure.They'll pay you full depreciated amount and collect the 50% from the truck's insurer.
No insurer can legally increase premium just after a claim unless it's stated on policy contract.So,go through the policy terms,conditions,exceptions etc.
Think over it.If there's no way out-take legal step.
Posted: Mon Sep 24, 2007 09:57 pm Post Subject:
50% of repairing estimate.
Yes, this is the offer he received from the claimant carrier. There is no deductible because it is a property damage, (liability claim).
They'll pay you full depreciated amount and collect the 50% from the truck's insurer.
NO, 'they' will not, it is impossible for them to issue paymebe because he does not have collision coverage.
No insurer can legally increase premium just after a claim unless it's stated on policy contract
This is incorrect, they most certainly can and DID.
kaushik0101,
welcome to the forum, I realize this is a very long thread, but it is also a complicated claim. Please read the entire thread, and you will get a full grasp of the issue(s).
lori
Posted: Fri Sep 28, 2007 06:07 pm Post Subject:
Hi,Smilenyc07
First you've to take the issue differently.Just ask for clarification from your adjuster about your reduced 50% claim amt.What's the basis of his assessment? And what spares & labor had he allow? If its net claim(after deductions of deductibles,depreciations etc.) or 50% of repairing estimate.
If involved truck's insurer has to share(irrespective of who's at fault),then this isn't the procedure.They'll pay you full depreciated amount and collect the 50% from the truck's insurer.
No insurer can legally increase premium just after a claim unless it's stated on policy contract.So,go through the policy terms,conditions,exceptions etc.
Think over it.If there's no way out-take legal step.
Hello kaushik0101,
The basis of their assesment was the fact that the police report indicates, that I have failed to yield right of way. That is why they assume a 50% responsibility on my side.
I called Geico today the other driver still havent submitted anything. I am still waiting for the cop to respond back to my numerous calls and requests on a report amendment.
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