Total Loss Process - What to expect?

[Jayr024]

Alin ang nakaka takot

Bakit pinaayos/pinagalaw mo agad? Wala pa pala advise ang insurance mo to proceed.

If declared total loss it means mas malaki yung cost ng repair if ipapagawa pa.

Mukhang sa ginawa mo mas magiging kumplikado claim mo.

Usually pag malaki ang damage ilan inspection at dismantling yan nung adjuster to check and account all the damages vs the estimate of repair.

Are we missing something? May takot ka ba na ma denied claim mo?


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Hndi naman boss kasi nabangga sasakyan namin so panakot ng mga insurance is total loss naka usap ko sa standard sabi baka dw total loss na sasakyan ko. So, i decided na mag quote sa ibang shop so karamihan sila nag sasabi ganyan ang style ng insurance na o offeran ka na lang daw ng cash Na maliit i mean cocomputin nla un remaining balance mo sa bank if my sobra ibbgay sayo. Eh sa nkikita ko maliit lng naman tama ng sskyan ko hndi nman ngalaw ang makina pero lmbas na un airbag. So nag pa quote ako sa labas nag rarange sya sa 250k to 300k ang sabi i cash settlement ko na lang mas mabilis pa compred i casa ko. Pasok sya sa insured ko sa policy na 600k lugi ako if i total loss sya ng insurance. Ano sila snswerte. Pero any inputs ba? Mga nka experience? Bkas ppunta ako ermita standard para asikasuhin

[cast_no_shadow]

Yan ang hirap pag naniwala sa sabi sabe.

Total loss = they will give you the fair market value amount of your vehicle.

2 options:

They will give you the full insured amount, sa kanila yung damaged unit

You can retain your damaged unit + they will still you cash (lesser of course)

Lugi ka ba? Hinde.

I wish you luck sa claim mo, keep us posted.


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[Jayr024]

Yan ang hirap pag naniwala sa sabi sabe.

Total loss = they will give you the fair market value amount of your vehicle.

2 options:

They will give you the full insured amount, sa kanila yung damaged unit

You can retain your damaged unit + they will still you cash (lesser of course)

Lugi ka ba? Hinde.

I wish you luck sa claim mo, keep us posted.


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First option sir is lugi po ako insured amount ko is 600k my total balance sa bank is 750k so i asked the agent of standard sabi niya babayaran ko na daw yun excess sa bank na 150k kht nasaknla dw yung unit. So lugi tlga ako 😔

Second option, yes cash settlement po ang ggwin ipapa ayos ko sa labas antayin ko muna i inspect nla vs dun sa shop na pag dadalhan ko kung pasok sa insured amount ko mas snwerte ako kesa i declare total loss.

Wish me luck tomorrow sir. 😊 Mag uupdate ako tomorrow sir 😊

[sirkosero]

First option sir is lugi po ako insured amount ko is 600k my total balance sa bank is 750k so i asked the agent of standard sabi niya babayaran ko na daw yun excess sa bank na 150k kht nasaknla dw yung unit. So lugi tlga ako [emoji17]

Second option, yes cash settlement po ang ggwin ipapa ayos ko sa labas antayin ko muna i inspect nla vs dun sa shop na pag dadalhan ko kung pasok sa insured amount ko mas snwerte ako kesa i declare total loss.

Wish me luck tomorrow sir. [emoji4] Mag uupdate ako tomorrow sir [emoji4]

Magkano ba insured value ng kotse mo? The initial offer is always low. Politely reject the offer, ask for more preferrably nearer the insured value of the car.

Bakit naman nila magiging panakot? Last i heard, mas mura ang 250k vs 600k

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[17Sphynx17]

First option sir is lugi po ako insured amount ko is 600k my total balance sa bank is 750k so i asked the agent of standard sabi niya babayaran ko na daw yun excess sa bank na 150k kht nasaknla dw yung unit. So lugi tlga ako ��

Second option, yes cash settlement po ang ggwin ipapa ayos ko sa labas antayin ko muna i inspect nla vs dun sa shop na pag dadalhan ko kung pasok sa insured amount ko mas snwerte ako kesa i declare total loss.

Wish me luck tomorrow sir. �� Mag uupdate ako tomorrow sir ��

Just curious, sa casa ka nagestimate diba? Meaning dun sa service ng dealer/showroom?

Normally sa insurance companies (at least sa experience ko), meron sila "accredited" na third party company that also estimates and does repair work for them that they accept the workmanship.

It won't be 100% like the showroom service, but acceptable and within reason.

Granted, wala pa ako sira na major mechanical after nabangga, but still, tinuturo kami ng agent namin ng insurance to an alternative (hindi yung kami mismo naghanap) and meron naman.

Ang mahirap siguru dito is if in-house insurance ka, malabo makakuha recommendation elsewhere.

EDIT 1: Alam ko din mahirap din sa case mo since pag pinagalaw mo na sa labas, basically voided na warranty ng kotse mo, except siguru yung engine and transmission if hindi naman sila nagalaw. Good luck on your claim.

[_Qwerty_]

kung naka loan eh lugi ka talaga.. kasi may interest yung loan sa banko tapos may down ka pa at may binayad ka na na ilang taon.. pag ni total loss yan.. yung fair market value nang sasakyan mo ngayon.. eh kung 2 years na yan.. eh nag depreciate na yan nang mga 20%.. papatak talaga na mas malaki pa utang mo.. pero hindi naman ganon kalaki yun.. malulugi ka siguro mga less than 100T.. just buy a new car and moved on.. charged to experience..

kung pipilitin mo pagawa.. in the long run sasakit din ulo mo dyan.. mahihirapan ka ibenta.. tapos after 1 or 2 years maglalabasan ang mga problema.. mas mapapalaki pa gastos mo..

[Jayr024]

Magkano ba insured value ng kotse mo? The initial offer is always low. Politely reject the offer, ask for more preferrably nearer the insured value of the car.

Bakit naman nila magiging panakot? Last i heard, mas mura ang 250k vs 600k

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Just an update.

Went to toyota pasig kanina pag dw nilabas ang sasakyan hndi na dw nila i insured or madied dw ang insurance ko kahit na tinambak ko sa bahay or shop (talyer) which is napag isip isipan ko kasi pinpilit ko ilbas pra sana pag nilabas ko followup na lang ako for the LOA nila which is tama ka boss na mahirap manwala sa sabi sabi ng iba.

So napag isip isip ko din na baka pag pinilit ko hanapan tlga ako ng butas pra panalo si insurance na hindi ako i insured.

They said na, i will wait for the evalution of Standard inspectors or LOA then dun mag dedecide si insurance at mag o offer. And tama kayo sa options na ibngay nyo.

Ang akin lang, tatagal ang sasakyan ko sa casa kaka antay ng LOA minimum waiting dw is 3weeks tsk! Pero peace of mind na lang talaga kasi ang mga andun is just an insurance coordinator and not standard representative.

My question now is, worst scenario if they declare total loss can i appeal cash settlement at ipagawa sa labas na 3 star shops (talyer) na nag aasikaso ng insurance claims? Like Bruce repair, Mr. Pooh repair etc. yan so far mga sinugest ng mga friends ko.

Or if meron kayo alm na shops nag lalakad ng insurance claims palapag na lang po 😊

Many thanks sa forum na to! Marami nakukuhang inputs super! Marami salamat din sa sumasagot 😊

[Jayr024]

Magkano ba insured value ng kotse mo? The initial offer is always low. Politely reject the offer, ask for more preferrably nearer the insured value of the car.

Bakit naman nila magiging panakot? Last i heard, mas mura ang 250k vs 600k

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Insured ko po is 600k. You have a point po 😊 Na mas mapapa mura sila if sa labas ko ipapagawa which is 250k to 300k lang ilalabas nila. Many thanks sir sa pag sagot!

[Jayr024]

Magkano ba insured value ng kotse mo? The initial offer is always low. Politely reject the offer, ask for more preferrably nearer the insured value of the car.

Bakit naman nila magiging panakot? Last i heard, mas mura ang 250k vs 600k

Sent from my MI MAX 2 using Tapatalk

kung naka loan eh lugi ka talaga.. kasi may interest yung loan sa banko tapos may down ka pa at may binayad ka na na ilang taon.. pag ni total loss yan.. yung fair market value nang sasakyan mo ngayon.. eh kung 2 years na yan.. eh nag depreciate na yan nang mga 20%.. papatak talaga na mas malaki pa utang mo.. pero hindi naman ganon kalaki yun.. malulugi ka siguro mga less than 100T.. just buy a new car and moved on.. charged to experience..

kung pipilitin mo pagawa.. in the long run sasakit din ulo mo dyan.. mahihirapan ka ibenta.. tapos after 1 or 2 years maglalabasan ang mga problema.. mas mapapalaki pa gastos mo..

Yes isa po yan sa nakikita ko na baka pag na ayos ang sasakyan ko is bka sa huli mag ka problema ako. Isa din yan sa option ko pero if bbgyan ako ng option n insurance na maganda pwde nga po gnun gawin ko labas na lang ng bago.

[G1NA]

Update ko sa Insurance claim ko. Okay na. Na claim ko na checke ko in 3 months process. Salamat sa Diyos. Got our new unit. Salamat din sa mga payo nyo [emoji4]

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Magkano po ang binayad sa inyo po mam?

[ajarnel.perez]

Magkano po ang binayad sa inyo po mam?

Hello mga sir. Good evening po.
It's been 3 months na kasi nag pa process kami sa comprehensive insurance namin tapos wala paring development. Sabi nila tatakbo padaw ng ilang months. Normal lang po ba ito? Mostly ilang months po ba talaga tatagal ang oag claim ng insurance po? Thanks po

[mrshooli]

good evening guys. My 2016 Suzuki Celerio CVT was flooded last June 25. It is insured with GSIS with AOG. We informed GSIS and they instructed us what to do. The unit was brought to a suzuki casa together with all the required documents. The persons in the insurance claim section say most likely that the unit will be declared a total loss.
My questions are..
1.) what if it will not be declared as a total loss? can I appeal or insist that it should be a total loss?
2.) In case we agree to repair. Can I demand that the transmission be replaced?or the seats replaced?

P. S. The flood water was around 3 inches below the battery terminals when I went to the car to disconnect them. I am not sure if it was the highest level of the flood water.
Unfortunately I cannot post the pictures

[_Qwerty_]

wait mo muna evaluation nila..

kung repair lang.. insist na palitan yung cvt transmission..

good evening guys. My 2016 Suzuki Celerio CVT was flooded last June 25. It is insured with GSIS with AOG. We informed GSIS and they instructed us what to do. The unit was brought to a suzuki casa together with all the required documents. The persons in the insurance claim section say most likely that the unit will be declared a total loss.
My questions are..
1.) what if it will not be declared as a total loss? can I appeal or insist that it should be a total loss?
2.) In case we agree to repair. Can I demand that the transmission be replaced?or the seats replaced?

P. S. The flood water was around 3 inches below the battery terminals when I went to the car to disconnect them. I am not sure if it was the highest level of the flood water.
Unfortunately I cannot post the pictures

[Andreiiacoma]

Hello mga sir. Good evening po.
It's been 3 months na kasi nag pa process kami sa comprehensive insurance namin tapos wala paring development. Sabi nila tatakbo padaw ng ilang months. Normal lang po ba ito? Mostly ilang months po ba talaga tatagal ang oag claim ng insurance po? Thanks po

Usually sir alam ko dapat within 30 days of filing dapat mabigay na nila yung check ata? Not sure

[ninjababez]

Usually sir alam ko dapat within 30 days of filing dapat mabigay na nila yung check ata? Not sure

wala pa ako nababasa dito na 1 month lang eh may cheque na
meron IIRC 6 months

[shadow]

wala pa ako nababasa dito na 1 month lang eh may cheque na
meron IIRC 6 months

3-6 months.


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[Andreiiacoma]

Ganun po ba katagal talaga yun sir? Parang nabasa ko sa insurance commission dapat after daw magkasundo kayo sa offer ng insurer e dapat within 30 days ma settle na nila. Ewan ko lang pero may kakilala kasi ako nun 3months na wala parin nireklamo nila sa insirance comission ayun nag payout agad sila.

wala pa ako nababasa dito na 1 month lang eh may cheque na
meron IIRC 6 months

[Ness]

Same thing happened to our car po. 3mos old. Flooded. Evaluation result from third party went out july 14 daw po. Now, the person who initially handled my claim said na nasa head office na dahil total loss na and waiting na lang sa approved amount. Based sa thread, pwede makipag haggle sa initial offer. Which dapat hindi pa sobrang baba lalo na 3months pa lang.

Ngayon po, my question is, do we still need to pay the monthly amort to the bank hanggat hindi pa naiissue ung check?

Also, they are asking us to pay the 1yr premium as agreed daw po, which my bad I didnt read the agreement with them thoroughly. Per that agreement, if vehicle was declared total loss within 1 yr, we agree to voluntarily pay the first yr premium as cancellation na din sa 5yrs bond with them. Tama po ba to? Naka 1yr free insurance po kasi kami. Pero since na declare loss, pinapagbayad kami. Tama po ba yun?

TIA

[dr. d]

but it's free insurance!
free insurance is free insurance, whether you use it or not.
is there something written in there, that says one has to pay for it, should the car be declared a total loss?

[cast_no_shadow]

Ngayon po, my question is, do we still need to pay the monthly amort to the bank hanggat hindi pa naiissue ung check?
TIA

Yes of course, kaya malaking bagay talaga insured ang vehicle. Imagine kung wala ka insurance, wala na yung oto nagbabayad ka pa din ng utang mo.

Per that agreement, if vehicle was declared total loss within 1 yr, we agree to voluntarily pay the first yr premium as cancellation na din sa 5yrs bond with them.

TIA

Nasa fine print yan? If it is then you answered yourself na.

Matagal talaga proseso pag total loss.



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