Insurance settlement nightmare - Saab General Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
4/9 Saab Owners' Convention Day Pass Raffle |
3/26 M Car Covers (by State of Nine)
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main General Bulletin Board | BBFAQ |
Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Insurance settlement nightmare
Posted by 900Sman [Email] (more from 900Sman) on Fri, 4 Nov 2011 18:21:04
Members do not see ads below this line. - Help Keep This Site Online - Signup
Nearly a month after my well-maintained '89 900S was wrecked by one of their insured drivers, USAA Insurance won't budge on their measly $1100 offer to me, in spite of the extensive documentation including receipts and comparable ads provided to them. They simply refuse to negotiate. This is a car that I had put a lot of work into and took great care of. Everything worked and it had some rare bits including a Saab Savior skidplate, E-codes, and '79 GLE grille (I had converted it to pre-'87 lights and bumpers).
Today I decided to contact the Kentucky Insurance Commissioner's Office and spoke to one of their investigators to learn my rights as a consumer as well as learn what the state law said about my situation. The investigator I spoke to was great, she provided me with the part of the state insurance code that pertains to my case, about reaching an equitable settlement. She also informed me that I can used the NADA Classic Car Guide to factor into the value of my 900, I honestly had not even considered this. Basically it's going to be a battle but if I can get the documentation together to prove my case I have a good shot at a fair settlement. If it comes down to it I will get my lawyer involved.
This is now more about money. My car has been wrecked, I am not at fault, and the insurance company of the other driver will not negotiate in good faith for a fair settlement, they have not offered me a penny more than their initial offer in spite of all that I've given them. I'm to the point where I'm perfectly willing to invest money in appraisals and legal fees to get a fair settlement for my totaled C900 as a matter of principle.
I don't care how long I have to wait this out, USAA is not going to screw me. The big lesson here has been to get agreed upon values on ALL of my cars, regardless if they're registered as classics or not.
posted by 74.130.18...
Posts in this Thread:
- Insurance settlement nightmare, 900Sman, Fri, 4 Nov 2011 18:21:04 <-- Viewing This Message
- Re: Insurance settlement nightmare, Pat, Sun, 6 Nov 2011 15:46:40
- Thank you, 900Sman, Sun, 6 Nov 2011 10:49:44
- Re: Insurance settlement nightmare, Dean C, Sun, 6 Nov 2011 05:11:47
- Re: Insurance settlement nightmare, George K, Sat, 5 Nov 2011 09:35:52
- Re: Insurance settlement nightmare, TML , Sat, 5 Nov 2011 06:05:26
- Same thing happened to me, took six months, Nathan Pflaum , Sat, 5 Nov 2011 05:05:46
- Re: Insurance settlement nightmare, Bruce, Fri, 4 Nov 2011 18:40:06
- Re: Insurance settlement nightmare, JohnA , Fri, 4 Nov 2011 18:25:29
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
|
SaabClub.com
|
Jak Stoll Performance
|
M Car Covers
|
Ad Available
|
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!