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

**basti08** · October 5th, 2012 09:28 PM

Originally Posted by antholhen

May depreciation na po ba agad yung 5 months old 7-8k mile age ford fiesta??? Nabangga po kasi kami eh total wrecked na po yung fiesta ko. Babayaran po ba kami ng insurance ng katulad nung pagkakabili namin??? Ang alam ko kasi wala pa naman depreciation hanggat di pa nakaka 1 year.

ay ambot! pag labas pa lang nyan sa casa, may depreciation na yan hehe... pero kung total wreck, there's a good chance na mapalitan yan ng unit. goodluck.

**antholhen** · October 5th, 2012 09:38 PM

Originally Posted by basti08

ay ambot! pag labas pa lang nyan sa casa, may depreciation na yan hehe... pero kung total wreck, there's a good chance na mapalitan yan ng unit. goodluck.

Kase ang mangyayari babayaran nalang daw kami ng insurance. Ang sakin lang fully amount ba nung fiesta ibibigay samin???

**phezthie** · October 5th, 2012 10:05 PM

^^kung ano yung amount na insured mo sa own damage (insurable interest), yun ang ibabalik sayo pag declared na total wreck...hindi new unit ang ibibigay sayo..

yung depreciation pag di total wreck and there are parts to be replaced lang...

**niky** · October 6th, 2012 12:20 AM

They will only give you what is covered, minus participation. Probably around 75-80% the worth of a new car only.

**derf8666** · October 6th, 2012 12:31 AM

Usually may depreciation expense na yan, especially since mga half a year na siya. 5%-10% na yan. But everything is negotiable naman.

**antholhen** · October 6th, 2012 05:52 PM

Sana mababa lang yung depreciation kasi first 5k yung participation sana makuha namin yung total amount nung fiesta less 5k nalang. ganun kasi pagkakaintindi namin

**moipogi** · October 6th, 2012 07:21 PM

Originally Posted by antholhen

May depreciation na po ba agad yung 5 months old 7-8k mile age ford fiesta??? Nabangga po kasi kami eh total wrecked na po yung fiesta ko. Babayaran po ba kami ng insurance ng katulad nung pagkakabili namin??? Ang alam ko kasi wala pa naman depreciation hanggat di pa nakaka 1 year.

Ang babayad sa yo fair market value, which is less than your purchase price usually. Kung nabangga siya na 1 week or 1 month old siguro may laban ka for straight replacement.

Ang siste diyan they will lowball you on the first offer. Decline it and be ready with a fair market value price that you are comfortable with.

**antholhen** · October 6th, 2012 08:00 PM

Originally Posted by moipogi

Ang babayad sa yo fair market value, which is less than your purchase price usually. Kung nabangga siya na 1 week or 1 month old siguro may laban ka for straight replacement.

Ang siste diyan they will lowball you on the first offer. Decline it and be ready with a fair market value price that you are comfortable with.

Di ko magets lowball?? Napapakiusapan ba yun na medyo dagdagan yung bayad samin?

**xwind_mariner** · October 6th, 2012 08:56 PM

Originally Posted by antholhen

May depreciation na po ba agad yung 5 months old 7-8k mile age ford fiesta??? Nabangga po kasi kami eh total wrecked na po yung fiesta ko. Babayaran po ba kami ng insurance ng katulad nung pagkakabili namin??? Ang alam ko kasi wala pa naman depreciation hanggat di pa nakaka 1 year.

ang bagong car kapag nilabas mo na sa casa,lets say 1 day old, hindi mo na mabebenta sa original na price...(kung ako yon buyer, sa bago na lng ako, galing casa, tama?) pagdating sa usapin ng insurance, pagpirma mo pa lng sa contract policy (bgo yon car mo) makita mo na agad doon kung magkano na lng ang price ng car mo, ang tanong mo ay kung papalitan ng insurance ang car mo na nabannga(total loss),nacarnap, ang sagot ko ay "HINDI".. OK ganito yon, New car mo ay worth P1.0M, ikinuha mo ng insurance(good for 1 year), pumirma ka sa contract at nabasa mo doon na yon price value na lng ng car mo ay P900,000 n lng(within year of coverage), (nabannga 1 day after signing the contract or 1 day before maexpire yon contract policy)so kung total loss, P900,000 na lng ang sasagutin ng insurance...yon 100% insured na nakalagay doon ay hindi yon price na galing sa casa, yon 100% price na nakalagay sa insurance paper ay yon price value ng insurer...so kung gusto mo ay palit bago, dagdag ka pera. Ayaw mong magdagdag, sa korte ka na magdemanda,demanda mo na lng yon nakabannga kasi tapos na participation ng insurance company kung nagbigay na sila ng P900,000 as 100% insured ng car mo.
About participation fee, some insurance company(my insurance have this policy) offered no participation fee if your car is less than 3 years old.

**red.horse24** · October 6th, 2012 08:58 PM

Originally Posted by Javier1

Hi dear,
If you have a car insurance then you must be inform to your insurance company and get your car claim your company pay out akk your claim and if you car is fully then your company pay you a new car according to your insurance policy.

JIMMY!!!!dito ka din pala sa tsikot!!!!