totalled subau appraisal

i just totalled my 99 gt sedan. im beyond pissed. im wondering what i should expect to get from insurance. they say they used nada pricing. my parents had an audi that they got 23000 for but nada only said like 18000. i went to edmunds.com and typed in the exact specs of the car and the worth they gave me was to a T of what amica gave them. for my car on edmunds it says its worth 11300. this is probably what i should expect to get right? this is amica.

Reply to
DOA
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Oy. Sorry about that! I assume you're ok though, which is a plus!

The caveat of course is that Nada blue book has several pricings though.

Adjusters methods vary a bit by insurance company, so it's hard to say. If your parents audi ws also Amica insured, it'd be a reasonable assumption that you'll get something in that ballpark.

-- Todd H.

2001 Legacy Outback Wagon, 2.5L H-4 Chicago, Illinois USA
Reply to
Todd H.

First of all, I feel for you. I also have a Legacy GT and I truly enjoy driving it.

As for the value of your car, I doubt you'll get $11,300. I'm not an expert on this field, but I've heard that they go with a rate chart that closely mirrors auto auctions. Just to give you an idea, two weeks ago I dropped by my local Subaru dealership and I had my 2000 Legacy GT Sedan with everything including spoiler assessed for a possible trade-in. According to the computer system auto auctions for 2000 Legacy GTs were quoting prices around $11,000.

Check your auto policy and carefully review all the terms, there might be a way to work a better price than the first price that the insurance company will quote you.

These things are not always negotiable but there are always factors that can increase the value of a car--e.g. service record, pictures that might show that the car was in excelent conditions prior to the accident, lo-jack, miles, extra options. Insurance appraisers "conveniently" forget to consider these good things when they are determining the price of a car.

Also, check your state's insurance regulatory agency, they might thave some useful guidelines for consumers and complaint forms. Use these resources, after all, you pay for them with your taxes. If you feel that they are not holding their obligation as stated on your auto insurance contract, then file a formal complaint against them through the state insurance regulatory agency. I'm sure this will get their attention.

Hope that helps. Please update us when the insurance adjuster gives you a quote.

Cordially,

Joaquin Rosario Stafford, VA

Reply to
Joaquin Rosario

Probably close. Make sure you have checked at the NADA site and used your zip code and include mileage and options.

Reply to
Frank Logullo

I agree with the other posters. Additionally, if you can prove you recently spent a lot on the car or have radically upgraded it somehow(sound system, aftermarket sunroof) you MIGHT get a coupla' hundred more. It's worth arguing it, most of us will never have a JOB that pays $150 for 10 minutes of talking!

Also, if you have space for it and are inclined, buying the car back and selling the parts can get you a few xtra bucks. Check the marketplace forum at

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Carl

1 Lucky Texan

DOA wrote:

Reply to
Carl 1 Lucky Texan

My insurance company, Farm Bureau, has an optional rider that gives you brand new REPLACEMENT cost if your vehicle is totaled (the vehicle must be less than 5 years old) I jumped on that immediately because it was only $40 for my Forester.

Reply to
Rob Munach

thanks for the replies. yeah i am so utterly pissed off about this accident. i loved that car. it was such a nice ride, i mean it took me forever to pick it out. arg. so you think they will try to offer me trade in value on the car instead of retail value? with my parents audi they definetly did NOT get trade in, they got retail infact. i typed in all the options and milegage on edmunds and got a vlaue of

22500 for the car which is EXACTLY what amica gave them, though my dad got them to 23000. im just trying to figure out how these guys work. how much i can get and how little i should expect to get. in the blue book the car is woth about 12-13 thou, but obviously this is inflated to benefit dealers. trade in from nada for my car is like 9500, and im just wondering why they would try to give me this when they already gave my parents retail. from what i understand you cant really haggle with them either, its pretty much set give or take 500 bucks. amica is the best insurance in the country though. anymore input highly appreciated. any recs on a new car i could get with the insurance money? thanks
Reply to
DOA

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