ausmini
https://www.ausmini.com/forums/

MY CAR is Crashed, does anyone know about insurance. PICS IN
https://www.ausmini.com/forums/viewtopic.php?f=2&t=9102		 Page 1 of 2
Author:  clubmn [ Fri Jul 15, 2005 10:24 pm ]
Post subject:  MY CAR is Crashed, does anyone know about insurance. PICS IN
10 min ago, i had my SPRITE parked on the hwy (has been off the road for the last year, and fininally went back on TODAY, anyway some ning nong claimes he didnt see my car, and crashed it pritty bad.

There is no doubt it is a ride off, But what happends to the car.

1. I dont have insurance (but it isnt my fult)
2.The engine and box has had about 10k spent on it.
(should i fit the origional engine tomorrow)
3. the market value for the car is not much as you guys would know, much less that what i have spent on the running gear alone

I heared you can buy back the wreck from the insurance company, What do they give you for it, How long will the process take for the insurance to pay up.

Do they run the car when they go through inspection, Could i put the fu$% motor in it, (but i dont have another box) and 2k has been spent on the box.


What should i do guys.....

Here is a picture.


Image

Image

Image
Author:  Konzo [ Fri Jul 15, 2005 10:34 pm ]
Post subject: 
Post Deleted!
Author:  1310/71 [ Fri Jul 15, 2005 10:41 pm ]
Post subject: 
That's a bummer.
Firstly, it doesn't matter if you don't have insurance if it wasn't your fault but it would be easier (as your insurer would battle on you behalf, or pay you out then seek damages off the other party).

Second. I don't see any advantage in rushing out and changing engines, particularly if the other one is a dud. The insurer of the other party may use it against you. Better to carry on with the fact that you have spent all this money on it and it was on the road and registered.

Salvage rights usually only exist when you re insured, but I would seek more professional advice from someone like the RACV legal advice line before trying to deal with their insurer. Bit hard to tell in the dark, but it may not be a writeoff. There is a difference between a statutory writeoff (where repairs are considered unsafe) and an economical writeoff (where it would cost the insurer more than they consider the car to be worth to repair it). In that instance, they may choose to pay you out and may or not offer you the wreck depending on their policy.

At worst case, you could get paid out and buy it back in the salvage auction - but it must hurt paying for your own car!

I've seen worse than that get repaired BUT, the insurer will decide if it's worth it. Ps what was the other party driving? The insurer will look at the total bill not just what your car will cost.

KB
Author:  9YaTaH [ Fri Jul 15, 2005 10:41 pm ]
Post subject:  1. I dont have insurance (but it isnt my fult)
Arrange to have the car carted home or to a repairer you trust.

make sure you have all the fellas details and contact his Insurance company and tell them you intend to make a claim in court for the damage.

they will send assessors around and will want to just write off the car and buy you off with a cheque....no! its a classic!.....bargain with them....you want money to repair the car yourself.

They may say that they will repair it at their repairer...thats OK.
Author:  Harley [ Fri Jul 15, 2005 10:45 pm ]
Post subject: 
Sorry to see that, that was a pretty cool car when I saw it.
As far as I know, his insurance company won't take your car for cash.
It will be written off, because it is so old. Leave the engine in. It takes the value up
for how much the insurance should pay you out, unless you can claim the crap engine had all the work done on it.
Good luck.
Author:  J_A_M [ Fri Jul 15, 2005 11:06 pm ]
Post subject: 
bugger!

That stinks. I really hope it works out OK for you dude! Good luck. 8)
Author:  willy [ Sat Jul 16, 2005 12:32 am ]
Post subject: 
Dude i know how you're feeling at the moment.
Almost.

Dont give up... and you'll learn to live with the damage and drive round. Just tell im it happened when you were drifting.
Works for me.


Don't stress too much.
Author:  supercharged 850 [ Sat Jul 16, 2005 12:49 am ]
Post subject: 
.... this is a perfect example of why I refuse to leave my cars parked ON the road.

It doesnt matter HOW careful you are, there is always somebody else out there who will ruin it for you.

Hard luck for sure.
Author:  sg [ Sat Jul 16, 2005 9:07 am ]
Post subject: 
Unfortunate Clubmn..... but cos he rear ended you there should be some sort of renumeration (i hope :oops: ).......

Here's hoping for a positive outcome to the disaster :wink:
Author:  bnicho [ Sat Jul 16, 2005 9:38 am ]
Post subject: 
What a bummer!

I think you will find their insurers have no rights to the wreck anyway. But they may want it, depending on the company. You can insist on keeping the wreck in a case like this.

Stick to your guns, and don't be too surprised when their first offer is stupidly low. Insurers are a business, so they will try and get out of it as cheaply as possible.

If they insist on a stupidly low value, get Shannons or someone to assess the car for it's pre-accident value. You will have to pay a fee for this, but it may be worth it.

Keep us posted!
Author:  clubmn [ Sat Jul 16, 2005 10:48 am ]
Post subject:  mini
Thanks for the help guys, I will get an independant evaluator to look at the car, Hope i dont come out of this second best, WELL I GUESS I ALLREADY HAVE.[/code]
Author:  9YaTaH [ Sat Jul 16, 2005 11:08 am ]
Post subject:  Cash = money = cheque = legal tender etc
Harley wrote:
As far as I know, his insurance company won't take your car for cash. It will be written off, because it is so old. Leave the engine in. It takes the value up.


"Thats what I was saying....written off means the car can not be repaired and it will say so on the computer - you end up with a cheque in your hand (cheque = money = cash). Doubt if the engine is going to make all that much difference in this case, but you are right would add to the value of the wreck.

Good advice about getting an independent assessment and some coloured book value to help you get a decent amount of recompense for the damage.

Do NOT let them take the car if you can help it...they will whip it out to auction as quick as look at it.

Any problems, just say my solicitor will be contacting you (and mean it) take it to small claims if needs be (but I bet the company backs down way before that).
Author:  Chris [ Sat Jul 16, 2005 4:55 pm ]
Post subject: 
You need expert advice. I seem to remember because you are claiming on someone elses policy the car has to be fixed if you insist, no matter what the cost. Anyone hitting a stationery car is in the wrong, no arguments. I don't know what the law is in Vic, but in NSW there is a law that says all accidents have to be reported to the police within 24 hours. If this is the case in your state I would do it to get the incident on paper. Good luck. I had a similar experience and walked away from the vehicle in disgust as I could not be bothered trying to deal with getting it fixed.
Author:  68matic [ Sat Jul 16, 2005 5:10 pm ]
Post subject: 
two situations:

1. friends bike written off. not his fault.
he only had third party insurance, so no one was acting on his behalf
Fault's insurance paid him out what they thought the bike was worth.
not satisfied.

2. friends car was written off. not his fault.
he had comprehensive insurance, so had the company acting for him.
his own company paid him out (very good price) and they went chasing the Fault's insurance company to cover the costs.
satisfied.

now, if you dont mind me being negative about the situation, you dont have anyone acting on your behalf. Fault's insurance company will probably look up redbook prices and pay you what it says (not much $$).
ask how they will deal with you, and if not happy, get someone to help you
Author:  Wolfman [ Sat Jul 16, 2005 6:16 pm ]
Post subject: 
Man that hurts just lookin at it :evil: Some idiots should never bet in charge of a moving vehicle, reminds me of when my grandparents 16' Caravan got rear ended when it was parked on the road, the woman driving the car never even touched the brakes just slammed into it doing 60k's. She said the same thing "I didn't see it", hello, 16' van how can you not see it :roll:
Page 1 of 2 All times are UTC + 10 hours
Powered by phpBB® Forum Software © phpBB Group
http://www.phpbb.com/