[Shotimes] OT-insurance co saga part II
Ron Porter
ronporter@prodigy.net
Fri, 25 Apr 2003 12:48:48 -0400
No offense to some of the people who have answered and said "sue", "talk to
the insurance commissioner", "buy a grenade launcher", etc.
Hey, life isn't fair, life sucks and then you die, etc, etc. Your g/f paid
minimal insurance on a salvage car. She took chances, and she lost when the
worst outcome occurred. It's probably a sign that she shouldn't take too
much $$$ to Vegas!!
Call it "lesson learned", and move on. I'm one of those "take responsibility
for your own actions"-type person, and don't buy the "victim" mentality.
Besides, the costs of trying to do something aren't worth the gain for that
car's value. If we were talking $50K+ used Porsche, then it's a different
story. I could bore you with a recent story of how I lost my MSA (medical
Spending Account) when my bankrupt employer grabbed everybody's money out of
it, but that's not your problem.
If this is the worst thing she ever encounters in life, she will be a lucky
person!!
Ron Porter
-----Original Message-----
From: shotimes-admin@autox.team.net
[mailto:shotimes-admin@autox.team.net]On Behalf Of John Phillis
Sent: Thursday, April 24, 2003 9:53 PM
To: sho@paul-fisher.com; shotimes@autox.team.net
Subject: Re: [Shotimes] OT-insurance co saga part II
there isn't a lawyer that will take the case.
On record in the State of PA, there have only been 2 cases in which the
owner of an R-Title car could successfully get the amount that the ins. co
was offering raised.
only 2, and those were extreme cases I was told. Basically, there is not a
chance unless we had receipts for special equipment added to the car, which
was damaged in teh accident.
the real kick in the nuts is the fact that the insurance company didn't send
an adjuster out immediately to the place where the car was towed, assuming
that her insurance woudl send an adjuster. So after hearing from us that no
adjuster had been out to see the car for 1 week, (that's 1 week @ $20 per
day storage, plus the $78 towing bill) they immediately demanded that we pay
the storage, and towing bill,adn have the car towed to the residence. Since
the residence is in a very suburban part of town, where cars are not allowed
to be parked on teh street, the car ended up at my farm, which was an extra
$92 to have it towed from the towing place, to my house.
they claimed that they woudl reimburse us for those bills, but later sent a
letter stating that the insurance claim was under investigation adn until
the driver (who ran a bloody red light in broad daylight) was found to be at
fault, they weren't goign to offer for the car. also, the say that if the
other driver is found not to be at fault (even though she received traffic
citations for the stunt) then we will be responsible for paying all fees,
including the towing and storage...
That kind of stuff hurts when you don't have the extra money layign around.
:-(
From: "Paul L Fisher" <sho@paul-fisher.com>
To: "John Phillis" <jphillis68@hotmail.com>,<shotimes@autox.team.net>
Subject: Re: [Shotimes] OT-insurance co saga part II
Date: Thu, 24 Apr 2003 10:53:22 -0500
Why can't you sue?
Paul L Fisher
'93 Ford Taurus SHO Crimson Clearcoat ATX 171K Build date 11/18/1992
- K&N Panel filter, Tokico Struts, Eibach Springs, Dynomax cat-back, Holley
190lph fuel pump, FPS rebuilt ATX, 26mm rear sway bar, Performance-Plus
Stainless Steel Y-pipe, '96 brake upgrade, Proportioning valve plugs, Delrin
sub-frame bushings, Amsoil Series 2000 0W-30 oil, Amsoil Synthetic ATF.
SHO Club member http://www.shoclub.com/
Check out my web site http://www.paul-fisher.com/
Amsoil dealer http://www.paul-fisher.com/oil.htm
Get $5 free from Paypal! https://www.paypal.com/refer/pal=P3XEFFBFUFKN6
----- Original Message -----
From: "John Phillis" <jphillis68@hotmail.com>
To: <sho@paul-fisher.com>; <shotimes@autox.team.net>
Sent: Thursday, April 24, 2003 7:34 AM
Subject: Re: [Shotimes] OT-insurance co saga part II
>
> her insurance company is completely closed to the matter, regarding
helping
> her, due to the fact that she didn't have full tort. So basically, like
I
> have said since I picked her up at the hospital the night of the wreck,
we
> are screwed.
>
> That is approxamately what her insurance co said too... she is SOL.
>
> as far as what the value of this experience is, might I just say, from
now
> on I will be paying the extra $35 a year for the full tort option, and
> possibly the $145 for the collision option on teh insurance plan.
>
> and the other thing I have learned from this is if you really want to
screw
> up someone's life, adn you know they don't have full tort insurance, slam
> into their car at an intersection. ;-)
> because legally, we can't even personally sue the person who hit her.
it's
a
> beautiful racket.
>
> I hope they sleep good at night.
>
> John
>
>
>
> From: "Paul L Fisher" <sho@paul-fisher.com>
> To: "John Phillis" <jphillis68@hotmail.com>,<shotimes@autox.team.net>
> Subject: Re: [Shotimes] OT-insurance co saga part II
> Date: Thu, 24 Apr 2003 06:58:47 -0500
>
> What has your insurance company said?
>
> Also, not to rub salt into an already wound but if you drop collision and
> comprehensive, you should expect nothing.
>
> As someone else has stated, show the receipts for the car and the repairs
> and they should offer minus depreciation plus medical bills (don't close
> the settlement on that) plus a little extra.
>
> Paul L Fisher
> '93 Ford Taurus SHO Crimson Clearcoat ATX 171K Build date 11/18/1992
> - K&N Panel filter, Tokico Struts, Eibach Springs, Dynomax cat-back,
Holley
> 190lph fuel pump, FPS rebuilt ATX, 26mm rear sway bar, Performance-Plus
> Stainless Steel Y-pipe, '96 brake upgrade, Proportioning valve plugs,
Delrin
> sub-frame bushings, Amsoil Series 2000 0W-30 oil, Amsoil Synthetic ATF.
>
> SHO Club member http://www.shoclub.com/
> Check out my web site http://www.paul-fisher.com/
> Amsoil dealer http://www.paul-fisher.com/oil.htm
>
> Get $5 free from Paypal! https://www.paypal.com/refer/pal=P3XEFFBFUFKN6
>
> ----- Original Message -----
> From: "John Phillis" <jphillis68@hotmail.com>
> To: <insman@direcway.com>; <shotimes@autox.team.net>
> Sent: Thursday, April 24, 2003 2:10 AM
> Subject: RE: [Shotimes] OT-insurance co saga part II
>
>
> > ok, here's more info, sorry about giving you the short on details, I
> > auto-deleted everythign from my inbox by accident the other day...
> >
> > anyhow, Nationwide is not her insurance Co, but the insurance Co of
the
> girl
> > who ran through a red light and hit her in the side.
> >
> > yes, legally, we can't sue, or have her insurance Co touch this girl's
> > insurance company, and after consulting a lawyer, I found out($275
> poorer)
> > that legally we don't have a leg to stand on, as R-titled cars are the
> kiss
> > of death (I thikn as you stated before) and we will take it up the A$$
> when
> > everything is said and done.
> >
> > but, here's the lowdown.
> > The car, if not a salvage title woudl have a book value of $6600 right
> now,
> > considering options and mileage and all.
> >
> > she got the car as a wrecked rebuildable for $2500.
> > another $3000 in parts and paint. (including a front clip for $2065)
> >
> > and without labor, the total was around $5500.
> > at the time the book value on the car was $9500 without the salvage
> title.
> > and so $5500 invested didn't look so bad.
> >
> > the car only had 27,000 miles on it or so when she got it.
> >
> > so now we have a stack of reciepts totalling $5500, and are waiting
for
> > Nationwide to make an offer on the car.
> >
> > if there offer is less than $5500, then I can understand (I don't
think
> > anything that anyone tells me concerning the car's value will upset
me,
> nor
> > will I think anyone is trying to be a dick so please respond
truthfully,
> > regardless of how it may sound
> >
> > in otherwords... I won't hold it against anyone if they say, I think
you
> > are wrong)
> >
> > but basically, if they try to give her less than $5500, then they
better
> > have a good reason. I mean, I can understand if they want to
depreciate
> the
> > value of her car, and take some value away from the $2500 that she
paid
> for
> > it, but a front clip hasn't come down in value, nor has any of the
other
> > parts that were on that car, so reimbursing her for all the parts on
that
> > car only seems fair, either that, or else I cut all those parts off of
> the
> > car and keep them, when the insurance co's flatbed takes the car away.
> >
> > it's only fair...
> >
> > I know the outcome of this already. I may not like it, but I can
predict
> it.
> > there will be lots of bending over, and no lubricant.
> >
> > it just really upsets me. because normally, I am the only one who
screws
> my
> > girlfriend. Having a whole insurance company screw her really makes
her
> feel
> > slutty.
> >
> > but all that aside...
> >
> > what I am looking for is a way to hurt the ins company. or a way to
> legally
> > make this thing hard for them, and miserable.
> > I only think it is fair to make them miserable, as they have to us.
> >
> > I am not looking to purposely slow down the process, but if slowing
down
> the
> > process is possible, and will cost them more money, then that's what I
> would
> > rather do.
> >
> > so, is it justifiable to ask for reimbursement for any and all parts
that
> > were bought for the car?
> >
> > (clutching at straws over here)
> > thanks again,
> > John
> >
> > PS, I am in Pennsylvania, if that makes a difference
> >
> >
> > From: "Ron Fleshman" <insman@direcway.com>
> > To: "'John Phillis'"
<jphillis68@hotmail.com>,<shotimes@autox.team.net>
> > Subject: RE: [Shotimes] OT-insurance co saga part II
> > Date: Thu, 24 Apr 2003 00:04:58 -0400
> >
> > <<I didn't get a chance to answer anyone's questions. al fitz I think
> > asked if
> > about what insurance co and some other questions. basically, here's
the
> > low
> > down.
> >
> > the ins co is Nationwide (and they are not on my side)
> > she had no full tort insurance
> > no comprehensive or collision coverage
> >
> > basically a stripped down insurance policy.
> >
> > so, here's the question.
> >
> > can we refuse their offer? If they come up with a money figure, can
we
> > refuse it, legally, in hopes of getting a higher offer?
> >
> > or what?
> >
> > getting ticked, need a hand.>>
> >
> > Then, if your company (or hers)is Nationwide they have no contractual
> > obligation to do anything. If you had collision, they could fix or
> > settle with you for the car. I emailed you privately and asked if you
> > bought the car for a reduced price. If you did, they only are
obligated
> > by law to reimburse you for your loss. No auto insurance policy that
I
> > am aware of is a replacement cost contract. All insurance policies
are
> > ACV (Actual Cash Value) of the property you had insured. If your car
> > was salvaged, then its value was less than a comparable car of the
same
> > model, year, and trim level. That is why they issue salvage
titles--to
> > protect the consumer so that they know that the car has been severely
> > damaged. You guys apparently knew this when buying the car. I only
> > hope you got a bargain, because all any insurance company will do is
put
> > you back in the shape you were in before the accident, less
depreciation
> > considering the value of the car. If you paid 60% of the book value
for
> > the car, there is no reason why you should expect more than that.
> >
> > I'm not trying to be a bad guy here, but I just want you to know that
> > you can hire a law firm to represent you on this, but you will
probably
> > spend a lot of money and get nothing more on the car. You can
negotiate
> > the medical bills, including bodily injury compensation with the
> > offending company. Do you have to accept their offer? No. You don't
> > have to accept anything, but be aware of the laws of your state. You
> > may have only a certain amount of time to negotiate a settlement. I
> > know a guy who bought a flood-damaged car which had a salvaged title.
> > It was a 2000 Mustang GT. The book on the car at the time of sale was
> > $17K. He bought the car for $6K and got it back in shape for about
$3K
> > more, so he had $9K in it when he got drunk and totaled the thing.
The
> > insurance company offered him $9K for his car. He went to several
> > sources and found a value of $16775 for the car. The company wouldn't
> > budge due to the fact that he would make a $7700 profit if they were
to
> > settle at that figure. He sued. He lost. He got the $9K, but was
out
> > $1200 in legal costs.
> >
> > Ron
> > 98 TR
> > 92OW
> > Insurance sales/claims for nearly 20 years
> >
> >
> >
> > _________________________________________________________________
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