Total Loss Declaration on Flooded Cars

[roydok]

The 1-year old Hyundai Accent 1.4 A/T of my friend was completely submerged in the recent floods. He wishes that the vehicle be declared as a total loss by his insurance. Can you suggest ways of convincing his insurance company to do just that?

Thanks.

[dfopiso]

^ meron bang AON yung compre insurance nya? kung going to 2nd year na auto, around 90% ng original value na lang insured amount

[Starex_Gold]

The 1-year old Hyundai Accent 1.4 A/T of my friend was completely submerged in the recent floods. He wishes that the vehicle be declared as a total loss by his insurance. Can you suggest ways of convincing his insurance company to do just that?

Thanks.

Did this before dun sa 10 months old FD ko (Ondoy 2009)

The car wasn't fully submerged. Pero dashboard level so ang daming papalitan. I told my service adviser to make an estimate na pwedeng ideclare na ng total loss. The estimate was 700K worth of parts The value of the FD is 805K.

I also justified na yun remaining 26 months ng warranty ay void na dahil sa flood. So ayun na-grant ng insurance.

BTW, dapat meron AOG / AON.

Ano insurance company niya?

[jut703]

Ang alam ko basta 80% of cost yung damage, pwede na ideclare as loss. Di ko lang maalala kung market value or purchase cost.

[Retz]

nakalagay naman sa AOG ang equivalent ng insured amount.

[dfopiso]

magiging madalas na yata ang mataas na baha ... baka magtaasan na insurance premium nyan

[Retz]

hindi ba malugi ang car insurance company sa dami ng nag cl-claim sa AOG?

[kix808]

my car (2011 model)toyota vios 1.3 E a/t was submerged 3 days last August during flood caused by habagat. twas declared total loss. my aog and total damage insured amount in my policy are both 648k. ang nakakainis, i got a letter from my insurance recently and stated there an amount of 520k as the insurance liability. P 522k FMV daw basis tapos may deductible na 2,000...so ang babayran nila is 520K. i didn't sign yet because i wrote a letter asking san nanggaling ung value na nilagay nila don eh ang naka state sa policy 648k, i believe they shld give that amt to me bec un ang nasa policy. payag na siguro ako kung bawasan nila ung 648k pero wag naman ganun ka barat and below 600k. i called the insurance office today to follow up the status, they got my letter daw at nirereconsider daw ung request ko..i hope maayos na nila un bfore my policy expires oct 19, 2012. ndi naman ako rude mag follow up kse nakikiusap pa ngayon ako tuloy pero sana naman ung mga insurance should stick to what they state in the policy they offer.

[yapoy86]

my car (2011 model)toyota vios 1.3 E a/t was submerged 3 days last August during flood caused by habagat. twas declared total loss. my aog and total damage insured amount in my policy are both 648k. ang nakakainis, i got a letter from my insurance recently and stated there an amount of 520k as the insurance liability. P 522k FMV daw basis tapos may deductible na 2,000...so ang babayran nila is 520K. i didn't sign yet because i wrote a letter asking san nanggaling ung value na nilagay nila don eh ang naka state sa policy 648k, i believe they shld give that amt to me bec un ang nasa policy. payag na siguro ako kung bawasan nila ung 648k pero wag naman ganun ka barat and below 600k. i called the insurance office today to follow up the status, they got my letter daw at nirereconsider daw ung request ko..i hope maayos na nila un bfore my policy expires oct 19, 2012. ndi naman ako rude mag follow up kse nakikiusap pa ngayon ako tuloy pero sana naman ung mga insurance should stick to what they state in the policy they offer.

yan nakakainis sa insurance.. nung nag aalok pa lang sila.. ang dami mo benefits at ang laki ng coverage... pero pag mag claim ka na... tutuwaran ka ng mga yan.. sarap sapokin eh

[dad17]

my car (2011 model)toyota vios 1.3 E a/t was submerged 3 days last August during flood caused by habagat. twas declared total loss. my aog and total damage insured amount in my policy are both 648k. ang nakakainis, i got a letter from my insurance recently and stated there an amount of 520k as the insurance liability. P 522k FMV daw basis tapos may deductible na 2,000...so ang babayran nila is 520K. i didn't sign yet because i wrote a letter asking san nanggaling ung value na nilagay nila don eh ang naka state sa policy 648k, i believe they shld give that amt to me bec un ang nasa policy. payag na siguro ako kung bawasan nila ung 648k pero wag naman ganun ka barat and below 600k. i called the insurance office today to follow up the status, they got my letter daw at nirereconsider daw ung request ko..i hope maayos na nila un bfore my policy expires oct 19, 2012. ndi naman ako rude mag follow up kse nakikiusap pa ngayon ako tuloy pero sana naman ung mga insurance should stick to what they state in the policy they offer.

need advice too different case sa akin mga pare accident naman last oct 2012 total loss din assess ng pipols gen same policy 648k ang full coverage but upto now still waiting for the conformity letter and their offer.imagine oct pa ngyari upto now wala pa ngyayari .sa tingin nyo till wat price dapat

[moipogi]

pa share experience nyo sa mga nag-claim ng total loss recently

Based on my Ondoy experience, it will be the insurance company who will have final prerogative on how it settles. Default is they will try to fix it, but will likely eventually declare it a loss if the cost crosses a certain threshold.

Tapos, pag mag settle sila, it will always be fair market value. Wag tatanggapin yung first offer, kasi they will always try to lowball the amount. Tip yan nung broker ko mismo. You have to have a counteroffer that is as close to market value.

Good thing about Ondoy though is that insurance firms now have a better grasp of when to repair or simply declare total loss. Yung 2005 APV ko had fair market value of 350k. My insurer spent well over 200k in repairs before giving me about 300k in settlement. Mas mahal pa yung total gastos nila vs kung ba declare total loss.

Took me 1 year to get the money though, kasi ang tagal sinubukang gawin. Suko lang sila nung sabi ng Suzuki change engine kailangan. . .

[dfopiso]

as insurance holder, we cannot demand pala

ngayong meron ng AON, same process pa rin ba; that is, they will try to repair first?

kung ganon, "ensure" na ma-damaged na auto pagmalulubog ito

[aki0125]

Meron rin isang option kung masyadong matagal aabutin yun repair ng unit due to unavailablity of parts puede mo na kausapin yun claims department of your insurance for possible total loss claim

[krau55]

Just want to inquire lg if may similar experience kau. My 1 month old car got flooded. On this case hindi sya nakapark. I am driving it. Maraming dumadaan sa area nung time na yun. Baka nadaanan ko lg yung pinakamalalim. Nag stop yung engine at yun na.
Covered yung AOG ng insurance ko. Question ko lg, can the insurance have reason to decline covering my claim? Dahil inilusong ko sya sa bahA? Anong masasuggest nyo. Thanks.


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[dct]

Just want to inquire lg if may similar experience kau. My 1 month old car got flooded. On this case hindi sya nakapark. I am driving it. Maraming dumadaan sa area nung time na yun. Baka nadaanan ko lg yung pinakamalalim. Nag stop yung engine at yun na.
Covered yung AOG ng insurance ko. Question ko lg, can the insurance have reason to decline covering my claim? Dahil inilusong ko sya sa bahA? Anong masasuggest nyo. Thanks.


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Ang alam ko madedeny sya dahil pwede pang gagawin. Papagawa nila. Cheaper for them kaysa bayaran ka ng buong presyo. Wala ka pa rin naman gastos

[dr. d]

Just want to inquire lg if may similar experience kau. My 1 month old car got flooded. On this case hindi sya nakapark. I am driving it. Maraming dumadaan sa area nung time na yun. Baka nadaanan ko lg yung pinakamalalim. Nag stop yung engine at yun na.
Covered yung AOG ng insurance ko. Question ko lg, can the insurance have reason to decline covering my claim? Dahil inilusong ko sya sa bahA? Anong masasuggest nyo. Thanks.


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"self inflicted" is normally covered in comprehensive insurance.
marami namang dumadaan nang nakaka-lusot.. hindi mo naman alam na i-titirik ka, 'di ba?
total loss versus repair... that may be up to them, depending on the estimated costs.

[minicarph]

Act of god yan why would deny act of God


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[_Cathy_]

But if you knowingly drove through flood like this guy, can you still claim?

[dr. d]

But if you knowingly drove through flood like this guy, can you still claim?

i loved the hitler spoof they made, based on this.

[_Cathy_]

OT: I saw that

Anyway, I realised that is important to get a good agent and insurance company. I am more than happy on my recent claim.