Need Advice

Waterloo, IL

#1 Nov 28, 2009
I need help..I was involved in a car accident. I was rearended at a red light. I have an older car that does not blue book for much...but has very low miles. I have owned my car for three years never had a problem with it. The insurance company totalled(sp) out my car ..the offer was too low that I cannot replace my older car (but dependable car) can someone tell me what I am entitled too. I have never been in this situation before(and I never want to be again).
Stimied

United States

#2 Nov 29, 2009
I can't offer any advice, but what you are asking is something that I often wonder about myself.
Like you I drive an older vehicle with low mileage and still in good condition.
I don't know what the blue book value is on it but being 9 years old I would assume it's not much.
The ironic part is I still pay nearly the same amount on the insurance as I did when the vehicle was worth over $20,000.00
Adjuster

Waterloo, IL

#3 Nov 29, 2009
I'll try my best to help. Are you going through your insurance company or the person that hit you? If you're getting nowhere with the other persons insurance I'd file a claim with your company. That's tough to swallow especially when it's not your fault but rest assured that your company will collect from the at fault party. If you've made any improvements to the car in the last 12 months or so I'd start looking for receipts and submit those. Also start looking for comparable vehicles. Craigslist, auto trader, etc. Pull cars that are actually for sale in this area that are comparable to yours (mileage, age, etc) if those are pulling up higher you have an argument there. If all else fails you should have the option of retaining the vehicle and repairing it yourself. Depending on the age of the car that might be a possibility. Be aware though that the car would have to be retitled as salvage and you won't be able to get some types of insurance on it. Typically liability only once it's been retitled. Good luck and as stressful as it is just remember it could have been worse...there are a lot of people that don't walk out of accidents. Hope this helps!
concerned columbian

Columbia, IL

#4 Nov 29, 2009
Unfortunitly that is why so many people claim injuries.
It is the only way Ins. companies will offer a resonable settlement.

I was involved in a accident where someone turned in front of another car, which caused that car to bounce back in my lane and I had no chance to avoid them.
The vehicle at fault had Ins. from some off the wall company, and they told me I would have to collect from the car that bounced back in my lane. My Ins. company told me that because I only had Liability coverage and was not injured they couldn't help me.

My only recourse was to hire a attorney or fix my truck myself. Not knowing if they even had enough coverage to pay for 2 vehicles, I pay for my parts and repaired it on my own.
Stimied

Collinsville, IL

#5 Nov 29, 2009
concerned columbian wrote:
Unfortunitly that is why so many people claim injuries.
It is the only way Ins. companies will offer a resonable settlement.
I was involved in a accident where someone turned in front of another car, which caused that car to bounce back in my lane and I had no chance to avoid them.
The vehicle at fault had Ins. from some off the wall company, and they told me I would have to collect from the car that bounced back in my lane. My Ins. company told me that because I only had Liability coverage and was not injured they couldn't help me.
My only recourse was to hire a attorney or fix my truck myself. Not knowing if they even had enough coverage to pay for 2 vehicles, I pay for my parts and repaired it on my own.
CC, that's the risk you take when you only have liability insurance. That covers the other persons vehicle and not yours.
If your vehicle is destroyed than that's too bad but on the other hand even if you have full coverage insurance and you drive an older vehicle that isn't worth much you won't get much out of that either.
The difference is when you have full coverage your insurance company will go after the other guy to get anything they have paid out and it protects you from a lawsuit.
concerned columbian

Columbia, IL

#6 Nov 29, 2009
It was an older truck. But I shouldn't be out a vehicle for someone else's carelessness.

It made me understand why people always claim whiplash etc. You have do that to keep ins. companies from srewing you.
Agent

Waterloo, IL

#7 Nov 30, 2009
That's a risk you take concerned columbian when you carry liability only. If someone hits you and they are uninsured or under-insured, there is nothing you can do about it. You are out of a car. People don't claim whiplash to cover the damages to their vehicle, they claim whiplash in a fraudulent manner because they are greedy. That is what causes insurance rates to raise. 25% of every dollar paid in a claim is fraud. Not all insurance companies are bad. It's the clients that are. They carry too low of coverages or give false information or commit fraud. Imagine what it would be like if you didn't have insurance. You would be paying for ALL damages out of pocket. So if you accidentally rear-end someone and they claim whiplash, you'll be paying tens of thousands of dollars out of your own pocket.

If the insurance company is not offering you what you want, do exactly as Adjuster suggested. If you can find the same vehicle with similar mileage and condition for the amount the are offering, then you are overestimating the value of your vehicle.
Laser Lady

Collierville, TN

#8 Nov 30, 2009
Need Advice wrote:
I need help..I was involved in a car accident. I was rearended at a red light. I have an older car that does not blue book for much...but has very low miles. I have owned my car for three years never had a problem with it. The insurance company totalled(sp) out my car ..the offer was too low that I cannot replace my older car (but dependable car) can someone tell me what I am entitled too. I have never been in this situation before(and I never want to be again).
I was in the same situation several years ago. We were rear-ended, and even though the only damage was a bent bumper (the car was old enough that the bumper was made out of metal), the insurance company totalled my car. However, my husband arranged to buy it back from the insurance company, my brother-in-law fixed the bumper, and we drove it for another 6 years. Good luck!
concerned columbian

Columbia, IL

#9 Nov 30, 2009
In my case it wasn't about overvalueing my truck, it was them not paying at all. I probably should have hired a lawyer, but I was afraid thier coverage would been so low that I would not even get enough to cover the lawyer.
Really

Millstadt, IL

#10 Nov 30, 2009
Was it a red car? about 4 kids in it? Yea their a bunch of dumb asses would not surprise me if they were high.
Funny

Waterloo, IL

#11 Dec 30, 2009
THEIR a bunch of dumb asses??...seriously??

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