Look at the link I posted, first post.

 

Yep. Sorry I was wrong!!!

 

Its all good

 

This will be an interesting thread to follow. Usually when someone mentions insurance we all say to get agreed value and go through a collector car insurance company. This is different being a daily driver.

FWIW. When I first called to get my car insured, I was told I couldn't insure it for more than what I paid unless I was able to submit documentation that it was worth more. Something about how people overinsure their car, and it gets stolen the following week .

I guess it will come down to what happened when you first insured it, for how much, how the policy reads, etc. Good luck and hopefully they will treat you well.

 

Thanks noonie...didn't know about that. I will be looking into it.

 

You should be okay. Find a few in comparable condition and use them as examples. Its not really about money, its about replacement and value at the time of loss. Support your position with documentation. Be nice. All should be fine.

 

Drawmain I missed that back and forth, thanks for clearing that up. Pain comes...I fall asleep lol.

Anyway I will keep you guys updated on what happens....so everyone knows the process before hand and what works or doesn't work....either way...should be some good info to have...even if the info is...don't insure your C3 with Allstate lol

 

Strange about the comments on Allstate, but agree an older car should be on collector car insurance. I have Allstate on my daily cars, and got in a pretty bad wreck a few years back. They basically fell all over themselves to make it right. Guess there's stories about all the carriers. Have a buddy that used State Farm including lots of toys. The axle on his enclosed trailer broke loose and puched through the floor. They said it was a maintenance issue, and wouldn't touch it.

 

 

no offense, but $7,900 seems to be pretty fair considering the age and millage on the car. I was expecting they would offer you much, much less.

I'd say that number is a good place to start, and if you can provide the pictures they are requesting and any receipts you have, you should be able to get a little more. At that point you will have to cut your losses and accept what the insurance company gives you.

Like said already, you're not going to make a profit or even break even. If you could, people would be totaling cars on purpose everyday.

 

Thanks man

 

I am not necessarily bad mouthing all state....just stating my process for future reference to others. But if it turns out bad then I won't insure my next one with them, but my other cars will still be

 

Actually thinking back, your stories an old one. Have a friend that owned a 65' 396 C2 since nearly new as a kid. For whatever reason he put in a 454 crate motor and stored the 396. The car was stolen, and he refused the insurance companies low offer. A year later the car was recovered with a 427 aluminum drag motor in it. Sounds good, but was unstreetable. Insurance put another 454 crate in it, and still has the car. Anyway, still think agreed value collectors insurance is the best way.

 

Several years ago, after crashing one of my previous cars, I went through an ordeal with my insurance co. that changed my entire outlook about insurance companies. Really, they're not so bad once you understand the ground rules.

Rule no. 1 is it is about the money. You pay them for coverage and then you beg once you have a claim. They ain't gonna give up that cash up for nuthin' ya know so you can't afford to let them dictate the conversation. I will GUARANTEE you if you let them dictate every aspect of the deal then they will make it advantageous for themselves and not you. You must be pro-active. The insurance companies, like any other business are there to not make friends but to make money. Don't fool yourself into believing anything different.

Forget the car and what it might have been worth because it's history anyway. You must strive to make the best situation for yourself right now. Some might say that I have a sour opinion. Well, thanks to the insurance company I do. After they offered my $4,500 for my car I knew at that insulting moment the game was afoot. You see it is about the money. Or obviously by the screwing they were wanting to lay on me it was about the money, atleast from their point of view. They were thinking I was going to lay down and go for whatever they offered but found out differently.

At the end of my ordeal we (me and the ins. co.) arrived at a deal that all could live with. What was funny was when I went to pick up the check many of the walls at the ins. office were covered with insurance fraud posters. It's like they were trying to lay some guilt trip on every person that entered their office. You see it is about the money.

What I did find out through my ordeal was when you go to pay taxes/license on your car the government will say "HOLY CRAP, THIS CAR IS WORTH A TON OF CASH" but the insurance company will say "man, i hate to break the news to ya' but your car really isn't worth anything at all".

Today I do have my cars insured for agreed/stated values.

 

Dose,
Keep in mind, you can always go through your insurance and let them deal with Allstate.

I had to do this once when I wasn't happy with the, person at fault's, insurance's offer.
Didn't cost me a cent and no premium raises.
Just a thought.
Hang in there man get better.

 

Totally agree....I know I have to play the game...I expected it beforehand.

 

Good luck to you during your recovery. Also, good luck when you're dealing with the insurance co.

 

As "mudbone" says, its all about the money. In todays business world, everything comes down to the dollar. Just the way reality is, and gotta keep that in mind. Businesses dont survive paying out more than they have to.