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Posted by R. White on August 08, 2001 at 06:56:15:
In Reply to: total loss or fixable? posted by R. White on August 03, 2001 at 05:24:59:
: What is the criteria for determining if a car is "totalled" Is there a fixed percentage of cash value? The first estimate on my 2001 Sebring is $13,000, and there will be supplimental estimates. I know that this car will never be the same. How do I assert my right to have it replaced?
OK, now the repair cost for the car is $16,000. I paid $21,000 for this car 8 months ago and the adjustor says it is NOT totalled because the cash value of the car is $22,800. He says he can arrange for ME to sell it to a salvage company he knows. In order to do this, I have to pay the car off and get the title. Ins company will pay me the $16,000, but I owe %19,000, so I have to come up with the difference. Adjustor also says that he is the final word, my only choices are to fix the car or take this deal. Any suggestions?
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