insurance company's offer for total loss

[SkyFlakes88]

same thing happened to my friends 2010 City, after 1 year habang nakapark, nabangga ng ginagwang truck. pasok sa garahe nila truck kaya nasandwhich yung kotse.

technically the insurer will throw BS stuff like depreciation and etc.

pero IMHO, you can insists and negotiate that the FMV of the car is the insured amount. di sila dapat nagdedepreciate ng month on month kasi ang coverage mo eh 1 whole year. at ang depreciation eh 1 whole year din.

so ika nga nila, negosyo eh, dun sila sa makakalamang sila. kaya ikaw wag ka palamang.

by the way, nakuha ng kaibigan ko ung settlement na 90% plus usual 2k to 3k participation fee from the amount insured.

ayun, bumili ng nissan cube at pinang dagdag sa negosyo ibang portion ng pera.

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same thing happened to my friends 2010 City, after 1 year habang nakapark, nabangga ng ginagwang truck. pasok sa garahe nila truck kaya nasandwhich yung kotse.

technically the insurer will throw BS stuff like depreciation and etc.

pero IMHO, you can insists and negotiate that the FMV of the car is the insured amount. di sila dapat nagdedepreciate ng month on month kasi ang coverage mo eh 1 whole year. at ang depreciation eh 1 whole year din.

so ika nga nila, negosyo eh, dun sila sa makakalamang sila. kaya ikaw wag ka palamang.

by the way, nakuha ng kaibigan ko ung settlement na 90% plus usual 2k to 3k participation fee from the amount insured.

ayun, bumili ng nissan cube at pinang dagdag sa negosyo ibang portion ng pera.

Kasi po sir hindi naman po talaga ma project yun price every month or daily. Ganun po talaga sir. Being fully insured po is yun FMV nang kotse at the time of claim.

[Manilablock]

pwede bang palit kotse na lang (similar milage at model), kasi sa FMV meron ka bang mabibiling car na katulad ng baka insured

[machine.pistol]

My Camry then 5 months old was "Ondoyed." Luckily, I had AOG coverage. My insurer reimbursed me around 90% of the purchase price of the car. I then used it to buy a Monty Sport.

[RomeoAlpha]

pwede bang palit kotse na lang (similar milage at model), kasi sa FMV meron ka bang mabibiling car na katulad ng baka insured

sometimes meron, my boss's boyfriend nabagsakan yung chevy cruze (ung parang SUV na maliit sa TB) sa bicol, total loss. ang kagandahan naman naka inhouse financing at pinataas niya assured value.

since wala nang 2010 Chevy that time, pinalitan ng 2012 at the price of more or less 5k (di ko maalala yung amount eh) lang due to participation niya.

so, in short, negotiate din at maging mapilit ka sa gusto mong amount.

dami din namang horror story ako sa mga opismate ko.

kaya ang key, is hanap ka ng makakausap mo ng matino kasi siyempre insurer will surely put the cost down. bonus pa ng adjuster iyun kung sakali.

ang malabo sa car insurance, hindi nakadeclare kung sound value or replacement value ang dapat na basis.

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pwede bang palit kotse na lang (similar milage at model), kasi sa FMV meron ka bang mabibiling car na katulad ng baka insured

sometimes meron, my boss's boyfriend nabagsakan yung chevy cruze (ung parang SUV na maliit sa TB) sa bicol, total loss. ang kagandahan naman naka inhouse financing at pinataas niya assured value.

since wala nang 2010 Chevy that time, pinalitan ng 2012 at the price of more or less 5k (di ko maalala yung amount eh) lang due to participation niya.

so, in short, negotiate din at maging mapilit ka sa gusto mong amount.

dami din namang horror story ako sa mga opismate ko.

kaya ang key, is hanap ka ng makakausap mo ng matino kasi siyempre insurer will surely put the cost down. bonus pa ng adjuster iyun kung sakali.

ang malabo sa car insurance, hindi nakadeclare kung sound value or replacement value ang dapat na basis.

[SkyFlakes88]

pwede bang palit kotse na lang (similar milage at model), kasi sa FMV meron ka bang mabibiling car na katulad ng baka insured

Can be done sir, depende po kasi sa usapan nyo nang insurer basta po tama ang coverage nyo.

[SkyFlakes88]

My Camry then 5 months old was "Ondoyed." Luckily, I had AOG coverage. My insurer reimbursed me around 90% of the purchase price of the car. I then used it to buy a Monty Sport.

Ok na din itong 90% sir. 5month old car 10% lang na depreciate unlike selling the car na babaratin lang saka min.20% take sila sa brand new price.