I have a 2000 LX, in pretty decent shape, ~180k, er, "was" in decent shape. Got t-boned by some idiot a few days ago. Lady does her best to floor it between two +5,000# vehicles moving at 40mph while she is in compact SUV with toddler in backseat. She got the fender, fr door, rr door, and did a bang up job burying my front wheel in towards the middle of the car. I'm insured thru state farm, the responsible party thru Liberty Ins. The responsible party was sighted after the fact by Sheriff away from the scene (yes she swapped info then left the scene) and there is a pending investigation/report available in another week (reporting Deputy told me this is about as slam dunk as there is).
Body shop does est. and says its a month long repair and its around $9k (a little over actually but with my deductible factored in a little less). My ins agent initially gave me an "unofficial" guess that the $9k repair job would be a total. The body shop, inside the insurance co. recommended network, said same thing. Shop mgr. said officially any job at $11k for an LX in my condition would be a no brained and declared totaled. Surprisingly he said State Farms and his shop use similar software tot determine these values and the quick estimated value of the truck is around $16k. (hearing that I thought
)
I went back to pull a few items out of my 100 (recovery gear type stuff) and kicked the tires over the 100 with the shop manager. He mentions a scuff on the rear bumper (like a 3-5 inch "scuff") and I tell him "I'm not even sure it's from the accident" (keep in mind there is 0% clear coat on the bumper and most of the remaining paint is peeled, crackled, scratched, or missing completely; and he's talking about a scuff but still
)... Suddenly, as tho he found the smoking gun,, he happily responds that the cruiser will not be totaled. Tells me he's ordering parts Monday.
Huh? He told me he doesn't know if the frame is straight yet and he's going to go fwd? Also, there's visible damage to the door sills and supports. It's highly possible there may be more than meets the eye, right?
Anyway, aside from the lack of quick wit in regards to trying to milk every imperfection as being due to the accident... I should hear from the claims department Tues on the decision to move fwd with repair or a status of 'total loss'.
Do any of you have an idea of the value necessary to declare the 100 totaled? Im sure its different in all states, area, etc but anyone have an experience to share or is anyone one aware of the rough formula an ins co. uses? I hear 50-70% of the fair market value. Based on my fair market I'm at 55% already.
I'm alL bugged out that this bumper repair (which mgr tells me he only booked a couple-few hours) was the difference between totaled and repairable. Originally I'm hoping to not get totaled but now I don't know if I want her back if she's 0.01% away from being a totaled vehicle.
Thoughts?
Body shop does est. and says its a month long repair and its around $9k (a little over actually but with my deductible factored in a little less). My ins agent initially gave me an "unofficial" guess that the $9k repair job would be a total. The body shop, inside the insurance co. recommended network, said same thing. Shop mgr. said officially any job at $11k for an LX in my condition would be a no brained and declared totaled. Surprisingly he said State Farms and his shop use similar software tot determine these values and the quick estimated value of the truck is around $16k. (hearing that I thought
)I went back to pull a few items out of my 100 (recovery gear type stuff) and kicked the tires over the 100 with the shop manager. He mentions a scuff on the rear bumper (like a 3-5 inch "scuff") and I tell him "I'm not even sure it's from the accident" (keep in mind there is 0% clear coat on the bumper and most of the remaining paint is peeled, crackled, scratched, or missing completely; and he's talking about a scuff but still
)... Suddenly, as tho he found the smoking gun,, he happily responds that the cruiser will not be totaled. Tells me he's ordering parts Monday.Huh? He told me he doesn't know if the frame is straight yet and he's going to go fwd? Also, there's visible damage to the door sills and supports. It's highly possible there may be more than meets the eye, right?
Anyway, aside from the lack of quick wit in regards to trying to milk every imperfection as being due to the accident
... I should hear from the claims department Tues on the decision to move fwd with repair or a status of 'total loss'. Do any of you have an idea of the value necessary to declare the 100 totaled? Im sure its different in all states, area, etc but anyone have an experience to share or is anyone one aware of the rough formula an ins co. uses? I hear 50-70% of the fair market value. Based on my fair market I'm at 55% already.
I'm alL bugged out that this bumper repair (which mgr tells me he only booked a couple-few hours) was the difference between totaled and repairable. Originally I'm hoping to not get totaled but now I don't know if I want her back if she's 0.01% away from being a totaled vehicle.
Thoughts?
