Insurance Claim

[jing182]

Yun nga po ang gusto kong malaman mga bossings, yun insurance ko ang mag payoff sa kotse pag na declare na total wreck, tapos yun insurance ng nakabangga sakin eh atleast bayaran ako sa mga nahulog of course minus the depreciation o percentage ng nahulog ko.

[mark_t]

medyo nalito na rin ako... kapag total loss the insurance pays off your loan balance sa bank and you are left with nothing?
di ba ang logical and fair eh the insurance replaces your unit with a new one (less depreciation or assured value difference which you might shoulder) and your loan should continue?

May sukli naman kayo sa loan ninyo. Ask for a SOA of your loan to get the balance that you will receive.
Move on, mag window shopping ka na ng next car ninyo, hindi puede atras abante. Isipin mo nakatulong
Kayo sa economy with your new purchase.
Your loan should not continue as the object of your loan was destroyed. And insured.
Take a new loan.
Ayaw mo ba noon, bago na uli kotse mo with new warranties? Isipin mo
na lang na maswerte ka you are not stuck with a wrecked car in your garage.

Sabihin mo na lang sa asawa mo na honey may bago na tayo kotse!hehe

Nagiging magulo lang ang isip pag dating sa kotse.
Isipin mo na lang na bahay mo nasunog. Diba mag umpisa ka uli ng walang masyado ligoy ligoy pa?

You clear up the lot and build again. Ganoon ang concept.
You always start a painting with a clean cloth.

[jing182]

May sukli naman kayo sa loan ninyo. Ask for a SOA of your loan to get the balance that you will receive.
Move on, mag window shopping ka na ng next car ninyo, hindi puede atras abante. Isipin mo nakatulong
Kayo sa economy with your new purchase.
Your loan should not continue as the object of your loan was destroyed. And insured.
Take a new loan.
Ayaw mo ba noon, bago na uli kotse mo with new warranties? Isipin mo
na lang na maswerte ka you are not stuck with a wrecked car in your garage.

Sabihin mo na lang sa asawa mo na honey may bago na tayo kotse!hehe

Nagiging magulo lang ang isip pag dating sa kotse.
Isipin mo na lang na bahay mo nasunog. Diba mag umpisa ka uli ng walang masyado ligoy ligoy pa?

You clear up the lot and build again. Ganoon ang concept.
You always start a painting with a clean cloth.

Pasensya na po sir, pero di po ganun kadali sakin yun, yun insured amount ko eh enough to payoff the loan ang matitira eh enough lang pang bili ng ipad mini 16gb, so obviously kulang pang down sa bagong auto kung di po mag bibigay yun nakabangga sakin eh.

[mark_t]

^


gamitin ung insurance na nakabangga sayo. bale, third party ka..... gusto mo mag loan ulit ng panibago dahil wala kang kotse magamit? edi dalawa na car loan mo nyan. i think its not proper to get the insurance amount to pay off your loan, hindi ata ganon un.

Cars are specifically insured to pay off your car loan in case of total loss of vehicle.
His car is a mortgaged unit therefore insured.

[mark_t]

You could actually claim it against your comprehensive insurance coverage and the TPL for the injury suffered by the driver. Most insurance companies nowadays do accept claims even without police report, especially for minor claims such as this one. Notarized affidavit lang pwede na. Then you could have taken pictures of the accident with your camphone. Their evaluation could be lower though than what you had paid for, but still sayang din yun. Well, thankful na rin that nothing really bad happened.

I think his third party property claim will be denied as it will fall under

Unauthorized repair clause.

It is not the business of the insured to settle claims.

[mark_t]

Pasensya na po kung makulit ako, medyo mahirap kasi intindihin, so tama po ba sir retz na insirance ng nakabangga ang gagamitin? Tapos paano naman po yun pang down ng sa bagong kotse kukunin ko? Wala na po bang pananagutan yun nakabangga sakin?

Mali po ang sinasabi niya.
Ano po ba ang kailangan ninyo na panagutin sa nakabangga sa inyo?
Nasaktan ba kayo o nalugi? Ano ang kailangan ipanagot sa kanya?
Hindi pa po kayo fully paid sa bank therefore ang bank pa ang owner, mayroon lang po
Kayo na limited interest. I limit ninyo sa dalawang taon na nabayaran at nagamit ninyo ang
Car po kung maari.

[stickers]

Mali po ang sinasabi niya.
Ano po ba ang kailangan ninyo na panagutin sa nakabangga sa inyo?
Nasaktan ba kayo o nalugi? Ano ang kailangan ipanagot sa kanya?
Hindi pa po kayo fully paid sa bank therefore ang bank pa ang owner, mayroon lang po
Kayo na limited interest. I limit ninyo sa dalawang taon na nabayaran at nagamit ninyo ang
Car po kung maari.

So the insurance pays off the bank upon total loss declaration and the third party involved should also indemnify you for the DP and 2 years MA you paid for the car. Tama ba sir?

[jing182]

Ah ok tama yun bpi pa ang owner, bali yun nanyari sakin nagka fracture ako sa right shoulder, anyways mas manganda cguro kung ikwento ko yun aksidente.

Pauwi na po ako from taguig 3pm to 12am ang pasok ko EMEA shift, traffic po sa NLEX kasi may tumaob na bus, naka full stop po ako sa overtaking lane, nang nakita ko sa rear view mirror ko na mabilis na kotse kutob ko mga 80 to 100 kmph ang takbo nya so pumikit na lang ako hoping na may marinig akong screech ng tires kaso wala ang marinig ko lang eh bumangga na lang sya sakin, sa lakas po ng impact tinamaan ko yun nasa harapan ko tapos nag side swipe pa sya dun sa harapan ng kotse, nag block out po ako ng ilang segundo tapos nagising ako sa sakit ng kanan balikat, pati sapatos ko natanggal, hinanap ko yun sapatos at salamin ko at dali dali ko pinuntahan yun naka bangga sakin, nakita ko umuusok pa yun airbag nya, sabi ko sa kanya "ano ba ang pinaggagawa mo!" Walang nasabi yun naka bangga kundi sorry lang at panay txt.

[mark_t]

So the insurance pays off the bank upon total loss declaration and the third party involved should also indemnify you for the DP and 2 years MA you paid for the car. Tama ba sir?

The insurance pays off your loan.
The bank will offer a new loan. Be careful as you will get the same rate that you got.
Be aggressive on asking for a better rate. Dapat kahit itapat ka sa ***y, pag aralan mo
Ang next loan mo.

Walang pakialam insurance sa downpayment and MA.
Hindi kasama yon sa usapan. The contract is to settle at fair market value.
Yon worth ng car lang at the time of loss.

[mark_t]

Pasensya na po sir, pero di po ganun kadali sakin yun, yun insured amount ko eh enough to payoff the loan ang matitira eh enough lang pang bili ng ipad mini 16gb, so obviously kulang pang down sa bagong auto kung di po mag bibigay yun nakabangga sakin eh.

obviously mahal ang ipad mo.
Pambihira ka naman, sige nga e convince mo kami. Give us the numbers.
Post your insurance policy, down payment, MA, and loan rate.

You said you fractured your shoulder, you have to file that claim on your policy.
There is a rider on that policy that would allow you to file for medical if not deleted.
Check your policy.

[jing182]

obviously mahal ang ipad mo.
Pambihira ka naman, sige nga e convince mo kami. Give us the numbers.
Post your insurance policy, down payment, MA, and loan rate.

Very well.....

Insured amount = 367,000
Outstanding balance loan = 384,302
Payoff amount = 334,086.68
Monthly payment of 11,303

Kung di pa po sapat yan, i post ko yun screen shoot ko sa bpiexpress at scan copy ng insurance policy

[mark_t]

You are not talking to your banker.
Your outstanding balance loan is still computed for five years. This has to be re computed to
From the time you got the car to time of total loss of car. So baba yan dahil 2years lang bale ka umutang.
The pay off amount would also change significantly. Since hindi ka na uutang ng another 3 years.
So sobra sobra dapat ang monthly mo diba?

Call your bank to re compute the loan. Have you done this?
Have you informed the bank as to the total loss of your car?

[jing182]

Ito yun link sa policy at autoloan, di ko na display dito kasi malaki yun file, sayang sa bandwidth.

http://mob1218.photobucket.com/album...BPICarLoan.jpg
http://mob1218.photobucket.com/album...182/policy.jpg


Ngek ni resize ng photobucket yun images, crap anyways email ko na lang sa inyo kung gusto nyo makita...

[mark_t]

Para sa akin ang pinaka important na gawin sa ngayon ay mag window shopping ka na ng next car.

[Juan Martinez]

up this one... there are tsikoteers here who can address the concern of lovemachine

[lovemachine_23]

up this one... there are tsikoteers here who can address the concern of lovemachine

Thank you sir!

Up

[soulfly023]

2 participations I apply sayo= 2 accidents

[dr. d]

2 participations I apply sayo= 2 accidents

i know of some people..
damages that light and that low.... pinapa-bayaan na lang nila. bumper naman... doing what it's supposed to do..
hindi naman kakalawangin, e.

i know also of other people.. newbie owners.. kahit gaano ka-liit.. hindi na makatulog.
i was like that once, when i was much younger and more energetic..

today, i'd either just let it be, or i might look for a silver spray can and DIY, to minimize visibility..
pinapa-dami ko muna, para "mas sulit" pag pina-gawa..

i hope the insurance guys make it easy for you, sir.

heh heh.

[benchman]

gusto ko lang naman sana mapakinabangan yung insurance kahit papaano. i was paying for it anyways and to have peace of mind just in case kaso sintemyento yata ang ibibigay sa akin nito

update;

i sent an email last night and asked about it, they replied;

Hi Sir Arnold,

Good morning! Per checking, policy coverage that will respond to your claim
with date of accident 01/22/2016 is your previous policy with coverage
period of 01/29/2015 - 01/29/2016 with a participation fee amounting to
P6412.50. Your participation fee amounting to P3760.00 is for your policy
coverage for 01/29/2016 - 01/29/2017.

Thank you.


what?! i tried calling the hot line this morning to no avail, damn hot line!
kung kailan paalis pa naman ako and i would be busy the whole day.

[dr. d]

gusto ko lang naman sana mapakinabangan yung insurance kahit papaano. i was paying for it anyways and to have peace of mind just in case kaso sintemyento yata ang ibibigay sa akin nito

update;

i sent an email last night and asked about it, they replied;

Hi Sir Arnold,

Good morning! Per checking, policy coverage that will respond to your claim
with date of accident 01/22/2016 is your previous policy with coverage
period of 01/29/2015 - 01/29/2016 with a participation fee amounting to
P6412.50. Your participation fee amounting to P3760.00 is for your policy
coverage for 01/29/2016 - 01/29/2017.

Thank you.


what?! i tried calling the hot line this morning to no avail, damn hot line!
kung kailan paalis pa naman ako and i would be busy the whole day.

well, it would appear, that just attempting to call them up, ay nawalan na kayo ng peace of mind..
i hope you get thru soon.