User Tag List

Reply
 
Thread Tools Rate Thread Display Modes
Old 03-19-2020, 10:14 PM #16
MTB@ATX MTB@ATX is offline
Junior Member
 
Join Date: Jan 2020
Location: Austin, TX
Posts: 24
MTB@ATX is on a distinguished road
MTB@ATX MTB@ATX is offline
Junior Member
 
Join Date: Jan 2020
Location: Austin, TX
Posts: 24
MTB@ATX is on a distinguished road
The other driver’s insurance company agreed to open up the comparable vehicle range to nationwide to get more V8 Limited 4WD but it didn’t change the numbers significantly. There were insistent it was to be totaled.

I’ve now filed with my insurance carrier - hoping they are more likely to repair it as the damage-to-ACV ratio is only 25% to 50% depending on who’s repair estimate you use. The pillar is not damaged. Drives straight. Both doors are fully operational. Should know the outcome early next week.
Thanks all for the information and insight.
MTB@ATX is offline   Reply With QuoteReply With Quote
Old 03-24-2020, 08:49 PM #17
MTB@ATX MTB@ATX is offline
Junior Member
 
Join Date: Jan 2020
Location: Austin, TX
Posts: 24
MTB@ATX is on a distinguished road
MTB@ATX MTB@ATX is offline
Junior Member
 
Join Date: Jan 2020
Location: Austin, TX
Posts: 24
MTB@ATX is on a distinguished road
UPDATE: Parts are on order and my insurance company is fixing the vehicle. $2,100 total repair estimate or something in that range. Hopefully I will get my $1k deductible back after they fight with the other insurance company. Just happy to save the truck. Still can’t believe the other insurance company wanted to total it out with $2k in repairs.
MTB@ATX is offline   Reply With QuoteReply With Quote
Old 04-01-2020, 07:19 PM #18
ptsailing ptsailing is offline
Member
 
Join Date: Jan 2018
Location: Los angeles
Posts: 40
ptsailing is on a distinguished road
ptsailing ptsailing is offline
Member
 
Join Date: Jan 2018
Location: Los angeles
Posts: 40
ptsailing is on a distinguished road
Does anyone go with an agreed value? I would assume this whole mess would be infinitely more complicated if you had a lift kit, snorkel, winch, plate bumpers etc all fitted. The vehicle could be built up to be 3x or 4x the value of what any "book value" would be and yet the insurance company will give you pennies on the dollar.

I am looking at ways to insure my truck so that this sort of thing does not happen....any words of wisdom?
ptsailing is offline   Reply With QuoteReply With Quote
Old 04-02-2020, 08:59 AM #19
shadow247 shadow247 is offline
Senior Member
 
Join Date: Feb 2012
Location: DFW, TX
Posts: 1,429
shadow247 will become famous soon enough
shadow247 shadow247 is offline
Senior Member
 
Join Date: Feb 2012
Location: DFW, TX
Posts: 1,429
shadow247 will become famous soon enough
Stated Value vs Guaranteed Value

Hagerty explains the difference between agreed vs stated value.

Agreed Value is more expensive to insure, because they will pay out whatever you insured the car for.

Stated Value is cheaper, typically used on more expensive cars to provide some protection. You could insure the car for 60k, buy if the market says its worth 30k, thats all you get.

Just get Accessory Coverage on your standard policy. 3000 bucks is like 8 bucks a month with most company, and the value of your accessories is covered at replacement cost.
__________________

99 SR5 Sport - 350k and rolling! Front - Toytec 3/4 Spacer/Tundra Shocks. Rear - Daystar 1.5" Spacer/LC Shocks
Government can neither guarantee nor grant safety. Only a fool would believe otherwise.
I prefer dangerous freedom over peaceful slavery!
A gun in the hand is better than a cop on the phone! www.opencarry.org www.vcdl.org <--- Learn your rights
shadow247 is offline   Reply With QuoteReply With Quote
Old 04-02-2020, 07:06 PM #20
Muzzle of Bees Muzzle of Bees is offline
Member
 
Join Date: Feb 2016
Location: Austin, TX
Posts: 522
Muzzle of Bees will become famous soon enough
Muzzle of Bees Muzzle of Bees is offline
Member
 
Join Date: Feb 2016
Location: Austin, TX
Posts: 522
Muzzle of Bees will become famous soon enough
Quote:
Originally Posted by ptsailing View Post
Does anyone go with an agreed value? I would assume this whole mess would be infinitely more complicated if you had a lift kit, snorkel, winch, plate bumpers etc all fitted. The vehicle could be built up to be 3x or 4x the value of what any "book value" would be and yet the insurance company will give you pennies on the dollar.

I am looking at ways to insure my truck so that this sort of thing does not happen....any words of wisdom?
Call your carrier. Insurance coverage is as unique as snowflakes.
__________________
2016 TEP
Muzzle of Bees is offline   Reply With QuoteReply With Quote
Old 04-10-2020, 09:51 PM #21
MTB@ATX MTB@ATX is offline
Junior Member
 
Join Date: Jan 2020
Location: Austin, TX
Posts: 24
MTB@ATX is on a distinguished road
MTB@ATX MTB@ATX is offline
Junior Member
 
Join Date: Jan 2020
Location: Austin, TX
Posts: 24
MTB@ATX is on a distinguished road
Quote:
Originally Posted by MTB@ATX View Post
UPDATE: Parts are on order and my insurance company is fixing the vehicle. $2,100 total repair estimate or something in that range. Hopefully I will get my $1k deductible back after they fight with the other insurance company. Just happy to save the truck. Still canít believe the other insurance company wanted to total it out with $2k in repairs.
Got the truck back this week. Looks great - no issues. Glad I ended up filing with my insurance. Expect to get my deductible back within a couple of months after they fight it out.
MTB@ATX is offline   Reply With QuoteReply With Quote
Old 04-11-2020, 02:23 PM #22
85GT-79FJ40 85GT-79FJ40 is offline
Member
 
Join Date: Nov 2018
Location: NH
Posts: 73
85GT-79FJ40 is on a distinguished road
85GT-79FJ40 85GT-79FJ40 is offline
Member
 
Join Date: Nov 2018
Location: NH
Posts: 73
85GT-79FJ40 is on a distinguished road
That's excellent news! Insurance companies are why I got out of the collision business. Some are OK but most are awful. Thankfully about the only claims I have to deal with now are hagerty and grundy. Both pretty easy to deal with.
__________________
Toyota 4x4 #17 - 2011 4Runner Trail Edition
85GT-79FJ40 is offline   Reply With QuoteReply With Quote
Reply

Tags
insurance , maintenance , recent , total , vehicle

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Insurance question regarding total loss and aftermarket parts SoFloT4Run 5th gen T4Rs 3 08-25-2019 12:32 AM
Wreck caused "Total Loss" - Insurance advice needed please! Trik444 General Discussions 36 03-24-2017 05:40 PM
Insurance? lexwoody General Discussions 3 05-06-2009 04:35 PM
Insurance BurghRunner Off-Roading 5 04-18-2009 10:40 PM
Insurance(how much ya pay) Shabetta 4th Gen T4Rs 24 04-03-2009 11:40 AM

Powered by vBadvanced CMPS v3.2.2

All times are GMT -4. The time now is 03:43 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
Search Engine Optimisation provided by DragonByte SEO (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like (Lite) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
User Alert System provided by Advanced User Tagging (Lite) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
***This site is an unofficial Toyota site, and is not officially endorsed, supported, authorized by or affiliated with Toyota. All company, product, or service names references in this web site are used for identification purposes only and may be trademarks of their respective owners. The Toyota name, marks, designs and logos, as well as Toyota model names, are registered trademarks of Toyota Motor Corporation***Ad Management plugin by RedTyger
 
Copyright © 2020