CAR Accident- brand new 3 weeks old, can i request new replacement?

**rey0209** · April 19th, 2012 03:21 AM

My new car just got an accident, almost 3 weeks old and 1000km ODO. can I request new replacement? The other driver admits his mistake and willing to pay the damages. Transfer documents (LTO papers) not yet released and on process. Insurance company estimated the damage amounting to more than 400K. Can I get a fair chance of new car replacement.

**_Qwerty_** · April 19th, 2012 10:43 AM

read your policy.. some insurance requires the damages to be over 70% of the car's current value para ma declare na total loss.. otherwise.. repair lang yan..

**yapoy86** · April 19th, 2012 11:00 AM

sirain mo pa ng todo yung kotse para ma replace na... konti na lang yan

**foresterx** · April 19th, 2012 11:36 AM

Can you post pics so we can see of insurance will declare it as totalled.

**renzo_d10** · April 19th, 2012 12:15 PM

Kapag declared na total loss ba replace unit?

Diba bigay lang sayo cash? Which is definitely mas mababa than the SRP of a new unit because of depreciation?

**vefyjeph** · April 19th, 2012 12:18 PM

Kung ang amount ng repair is 75% of the insured amount or if the engine is dead, total loss na yung car. Babayaran ng insurance sa iyo ang car using the existing "Fair Market Value". So probably di mo makuha ng full amount ng brand new... Tapos sisingilin ng insurance yung nakabangga sa yo.

**_Qwerty_** · April 19th, 2012 12:20 PM

ganon lang naman talaga.. wala namang replaced unit.. bibigay lang sayo insured amount.. sa case nang TS.. wala pang depreciation.. bago pa eh.. less participation lang.. kaya lang matagal na process yan.. baka kulang ang 3 months..

Originally Posted by renzo_d10

Kapag declared na total loss ba replace unit?

Diba bigay lang sayo cash? Which is definitely mas mababa than the SRP of a new unit because of depreciation?

**oliver1013** · April 19th, 2012 02:02 PM

Call ng insurance to right? kung i shoulder ng nakabanga sayo ang butal para mapalitan ng bago pag nire imburse ni insurance why not.

**alwayz_yummy** · April 19th, 2012 02:17 PM

dyan ako naaliw sa carens ko--- 1.1M (old price) ang insured amount.. e brand new diba 949T nalang hehehe...

mataas lang premium ko...oh well

**renzo_d10** · April 19th, 2012 02:22 PM

Originally Posted by vefyjeph

Kung ang amount ng repair is 75% of the insured amount or if the engine is dead, total loss na yung car. Babayaran ng insurance sa iyo ang car using the existing "Fair Market Value". So probably di mo makuha ng full amount ng brand new... Tapos sisingilin ng insurance yung nakabangga sa yo.

Pano kapag binunggo mo sa pader, sino sisingilin ng insurance?

Tanong lang.