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Re: Insurance settlement nightmare
Posted by George K [Email] (more from George K) on Sat, 5 Nov 2011 09:35:52
In Reply to: Insurance settlement nightmare, 900Sman, Fri, 4 Nov 2011 18:21:04
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I'm not sure what universe the above posters live in, but my experience with USAA has been excellent across the board for more than 40 years.
A 1989 900S has a book value of less than $1000. Unless you bought collision insurance for it with your own company as a "classic" car, no insurance company is going to offer you more than book value plus recent purchases you can document such as new tires or a new battery. If it was insured as a "classic" car, your insurance company would pay anything above book value, not the other driver's company.
I have two friends who collect old cars. Theirs are insured as "classics", at a higher price than it costs to insure a new car.
posted by 67.235.7...
Posts in this Thread:
- Insurance settlement nightmare, 900Sman, Fri, 4 Nov 2011 18:21:04
- 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 <-- Viewing This Message
- 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
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