by Guest » Thu May 08, 2014 12:01 am
Here's the deal, I have a new Toyota Camry 9 months old with 11000 miles I bought it new. We had a Tornado hit our town last week and a tree fell across it crushing the top down and breaking the weather striping around the sun roof, I had the car moved to a local body repair shop today and was told that they could fix it. They said they would have to cut the top off and weld a new one on it. to do this they will have to strip the interior of the car out and re install it after the top is restored. They only intend to repaint half the car after fixing a dent on the trunk and back fenders. What my question is is there anyway to get my insurance to just write the car off?? I don't want it after the top has been cutoff and welded back on. Like I said I bought the car new and don't care to make payments on a new car that has been butchered up and pieced back together. For what ever it matters we have been declared a Federal Disaster area by FEMA. don't know if that plays into anything or not. Any help or advice would be appericiated
Posted: Thu May 08, 2014 12:36 am Post Subject:
What does your policy state? It states that they will pay for the repairs or replacement, which ever is less. Of course they will not simply pay thousands of dollars more to everyone who simply asks to be paid more then they are owed.
If you don't want the car then simply take the repair money, don't have the car repaired and speak to your lien holder about paying off the car. The insurance money won't be enough to pay off the car? If you won't pay out of your pocket then why do you think anyone else will.
Butchered up? Perhaps you don't realize that the top of the car is welded onto the body already... just like is being done for this repair.
Posted: Fri May 09, 2014 11:33 pm Post Subject:
It Totaled
Posted: Tue May 13, 2014 04:32 pm Post Subject:
If your vehicle is a total loss, which it should be based on the damage, they you will receive the ACTUAL CASH VALUE of the vehicle which is the REPLACEMENT COST minus DEPRECIATION. Your vehicle's replacement cost and depreciation is based on the vehicle's condition the moment prior to the loss, less any applicable deductible on your "other than collision" coverage -- if you have it. The amount payable may or may not be sufficient to extinguish the debt owed to the lender. If less, then you still owe the balance to the lender.
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