- Nov 21, 2019 at 11:13 pm #3619866
a huge commercial truck sideswiped my car while it was parked in front of my apt. I got all necessary info and have contacted both my and the driver’s insurance co. I’m assured that I’m absolutely not at fault. It’s a commercial truck. My guess is that the driver’s insurance assessor, or whatever he’s called, will say that my car totaled. It’s a 2005 Volvo s-60 with only 130,000 miles. Blue book value is low–maybe $4,000. the thing is, I can’t replace this car with an equivalent one for $4,000. (I”m assuming repairs will exceed that amount, hence ‘totaled’) this has never happened to me before (nor the other thing) so I don’t know how it works. Can I demand in excess of blue book value on the “I need a comparable vehicle” argument?
The truth is I’d rather have a Honda Accord or Toyota sedan anyway. I inherited this car from my Dad. But blue book value for 2005 Hondas and Toyotas is in the $6-8,000 range.
p.s. it seems to be mostly body damage.
Long version: the kicker is that my landlord had just parked his car across the narrow street from my parked car and opened his door to get out. The commercial truck driver claims he swerved to avoid the opening door. I believe him; my landlord is elderly and does dumb things. So Nationwide is looking to locate the driver who opened his door in order to get his insurance co. to pay at least some of the money. I gave my landlord’s phone number with his assent as a witness, not knowing he may be involved. But the truck was approaching a stop sign so shouldn’t have been going very vast and could have braked. I don’t know how to handle this either. I jokingly told my landlord that he should be responsible for partial payment on a new used car, but he’s saying “I was closing my door!”. in fact I’m serious but can'[t afford to anger my landlord.Nov 22, 2019 at 12:24 am #3619877Nick GatelBPL Member
@ngatelLocale: Southern California
I’ve had some experience here, although I was dealing with my own insurance company, which often makes a big difference.
KB isn’t exactly accurate and their prices are often below the actual going retail prices. Do a search for a comparable vehicle and list the highest priced ones (you’ll need several). Edit: I did this with my first wife’s car and got significantly more money on a ‘65 Mustang.
A few years ago my camper was totaled by vandals. There were very few for sale and the insurance company offered me $6,800. I submitted receipts to the upgrades I had done and we settled for $13,500.
Be courteous to the adjuster, but firm. If you can’t reach an agreement with the adjuster, go over his/her head in the organization.Nov 22, 2019 at 1:16 am #3619893
thanks, Nick; my neighbor also just suggested I go back through my own insurance company. I’m dealing with the drivers company right now. i contacted my company immediately and gave them all pertinent info while the other driver was present. They forwarded this to the other driver’s company and told me this accident’s status with them–my company, that is– was ‘closed’. In other words, it’s now Nationwide’s problem. My neighbor suggests this is b.s.
I’ll call my company tomorrow and inquire…
I now have an appt with Nationwide’s accident appraiser on Monday. Good to know that some bargaining is possible. Blue book value for my car is far below it’s actual functioning worth to me. It’s a very good car with tens of thousands of miles left in it.Nov 22, 2019 at 2:19 am #3619905Roger CaffinModerator
@rcaffinLocale: Wollemi & Kosciusko NPs, Europe
I’m dealing with the [other] drivers company right now.
BIG mistake. ONLY deal with your insurer, and let them deal with the other guys.
CheersNov 22, 2019 at 2:33 am #3619909idesterBPL Member
@doug-iLocale: The Cascades
If you’re not happy with what the insurance companies offer, I’d suggest talking to an attorney.Nov 22, 2019 at 5:47 am #3619941Kimberly WersalBPL Member
@kwersalLocale: Western Colorado
Don’t stress too much over this–wait and see what they offer. I was rear-ended in my 1998 Jeep Cherokee earlier this year (and elderly man in a HUGE pickup got his prosthetic foot caught between the pedals and ended up accelerating into me). I expected that his insurance would jack me around with a low offer, when, in my area a Cherokee goes for a pretty good price. They offered $5800, then we settled on $4800 and I kept the Jeep, which was considered totaled. Well, the rear hatch won’t open, the bumper is dented and there is a little tweak to the frame, but it drives just fine, so I keep using it. I will probably repair it in the near future, but I was more than satisfied with the insurance company’s offer.Nov 22, 2019 at 3:56 pm #3619969
Thanks Kimberly, that’s what I’m hoping. My car isn’t drivable without major body work, but who knows how this will play out.Nov 23, 2019 at 5:21 am #3620062Kimberly WersalBPL Member
@kwersalLocale: Western Colorado
Hope you get this resolved soon and at a price you can live with. The challenge with a little bit older vehicle is that it’s not that easy to find another good, older, low mileage replacement vehicle–especially if you need it NOW.
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