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  1. Join Date
    Dec 2008
    Posts
    1
    #1
    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.

  2. Join Date
    Sep 2005
    Posts
    15,326
    #2
    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..

  3. Join Date
    Jan 2008
    Posts
    4,726
    #3
    sirain mo pa ng todo yung kotse para ma replace na... konti na lang yan

  4. Join Date
    Mar 2010
    Posts
    3,823
    #4
    Can you post pics so we can see of insurance will declare it as totalled.

  5. Join Date
    Mar 2009
    Posts
    21,667
    #5
    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?

  6. Join Date
    Aug 2011
    Posts
    171
    #6
    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.

  7. Join Date
    Sep 2005
    Posts
    15,326
    #7
    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..

    Quote Originally Posted by renzo_d10 View Post
    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?

  8. Join Date
    May 2006
    Posts
    6,940
    #8
    Call ng insurance to right? kung i shoulder ng nakabanga sayo ang butal para mapalitan ng bago pag nire imburse ni insurance why not.

  9. #9
    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

  10. Join Date
    Mar 2009
    Posts
    21,667
    #10
    Quote Originally Posted by vefyjeph View Post
    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.

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