Sadly, got in a real bad accident yesterday!
03-21-2010, 11:45 AM
#11
2010 Section Moderator
Join Date: May 2008
Location: Lithia, FL
Posts: 3,328
Op, glad you walked away ok. Sorry to see that car in that condition....
This thread in particular is the reason why when I added all my mods I went down to my insurance company with receipts in hand and changed my policy to reflect the mods I have added. My insurance went up $8 a month. Had i not done this, my insurance agent told me that "yes" if my car were involved in an accident they would only be liable to replace damaged parts with factory replacements. So I would have to pay the difference of getting mods added back on....seemed silly to me to have to pay again for the same parts i already paid for.
just advice to those who have mods....if you can add them to your policy so they are covered, do it!!
This thread in particular is the reason why when I added all my mods I went down to my insurance company with receipts in hand and changed my policy to reflect the mods I have added. My insurance went up $8 a month. Had i not done this, my insurance agent told me that "yes" if my car were involved in an accident they would only be liable to replace damaged parts with factory replacements. So I would have to pay the difference of getting mods added back on....seemed silly to me to have to pay again for the same parts i already paid for.
just advice to those who have mods....if you can add them to your policy so they are covered, do it!!
Last edited by wilkinda; 03-21-2010 at 11:57 AM. Reason: added more stuff
03-21-2010, 11:54 AM
#15
That looks totaled, but no one online can determine that as well as an appraiser/adjuster. I'd take it to three shops on my own (preferably high end) and get estimates. If they exceed half the value of the car it will probably be totaled.
Generally, airbags + that kind of damage = totaled.
To answer your question: if you have receipts, there will be no issues. If you don't, it might be a little more difficult to get retail on all of your parts that were damaged (or not damaged if it's totaled), but you will still get the money for them.
Generally, airbags + that kind of damage = totaled.
To answer your question: if you have receipts, there will be no issues. If you don't, it might be a little more difficult to get retail on all of your parts that were damaged (or not damaged if it's totaled), but you will still get the money for them.
03-21-2010, 12:01 PM
#16
1st Gear Member
Join Date: Feb 2010
Location: Kentucky
Posts: 110
ok first let me start out by saying i work for an insurance company. since you dont have the mods listed, then you need to take them off bc the other insurance company is only responsible for getting you back to normal...factory specs! i would take off every mod i had, also it looks like it could be totaled, but then again according to the adjuster they might want to get it fixed so have pascal fly in and fix it for you, i hear he is the man!
glad to hear youre okay and sorry for the loss. if you have any questions on what the adjusters tells you just pm me and i will try to make sure you dont get screwed, bc it does happen!
glad to hear youre okay and sorry for the loss. if you have any questions on what the adjusters tells you just pm me and i will try to make sure you dont get screwed, bc it does happen!
03-21-2010, 12:09 PM
#17
2nd Gear Member
Join Date: Mar 2010
Location: Camp Lejeune, North Carolina and Fort Lauderdale, Florida
Posts: 470
first off, since she hit you, you should be able to get the modifications reimbursed. If they refuse, hire an attorney and they'll probably fix it simply to save the money of using their own attorney pool.
Also, you need to go check yourself out. Are you ok? I know in Florida, you're entitled to $10,000 minimum for injuries directly or indirectly (meaning down the road) related to the accident. That should cover quite a bit of mods, granted you didnt' actually receive any serious injury.
Also, you need to go check yourself out. Are you ok? I know in Florida, you're entitled to $10,000 minimum for injuries directly or indirectly (meaning down the road) related to the accident. That should cover quite a bit of mods, granted you didnt' actually receive any serious injury.
03-21-2010, 12:13 PM
#18
2nd Gear Member
Join Date: Jun 2008
Location: Georgia
Posts: 237
Ouch.... I would say its a total. it looks like the damage is well into the frame. I keep reciepts for all my mods. but It will be up to the insurance Co. But with mustang family like Sup3r D4ve I know you'll be taken care of.
03-21-2010, 12:24 PM
#20
4th Gear Member
Join Date: Dec 2003
Location: NM
Posts: 1,039
If the stang totals out and your the claimant you are entitled to all the mods on the vehicle. Depending on which Ins company is responsible most will give you a certain percantage of the A/M mods but some may depreciate the value of any wearable mod such as tires, suspension, any possible damaged cooling lines in the front. Towing the car to 3 different shops or having an estimator from a body shop will do you no good depending on the Ins company. Most have their own adjustors and will not except a body shop estimate unless they are on a DRP program with them. (Direct Repair).. Save and find all receipts you can at this point. You can save the wheels and tires only if you put another set on. Get all your personal belongings out ASAP. You actually have the choice of using your Ins company or the responsible parties. You may want to let yours know of the accident. You can also have both Ins companies determine the value of the vehicle and see who will give you the best salvage value. If you use your own you will pay your deductible, but your Ins will subrogate for you for reimbursement.