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What would you do?

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Old Nov 15, 2005 | 08:43 PM
  #21  
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insurance companies and lawyers..... what a marriage.
not sure what you should do. tell them you want 7500.00 and see what they say.
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Old Nov 15, 2005 | 08:50 PM
  #22  
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After reading the suit looks like your screwed.I would at least expect SF to tell you why your car was totaled.If it was a theft recovery I would feel better than flood damage.As stated unless some lawyer can get you your money back for free you will not gain much with the cost to them.$5k is all your gonna get it looks like but demand the nature of the damage before you sign the papers.
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Old Nov 15, 2005 | 09:05 PM
  #23  
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If your not holding anything back (not telling the complete story) then you are in the drivers seat. A salvage title is worth at MOST 50% of value. State farm either should pay you the entire purchase price of the car plus fee for aggravation including tax and title fees, let them pay for your car plus the fees PLUS your attorneys fees...this is a no brainer....
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Old Nov 15, 2005 | 09:07 PM
  #24  
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HMMMM, that it an unfortunate problem you have. Sounds like you haven'ty put many miles on it so if problems exist from the damage/repair, they may not have surfaced yet. I'd be really pissed. But. . .maybe there's not much you can do about it, so look at it this way. . .you have $5000 tax-free to make whatever mods you've been dreaming of!
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Old Nov 15, 2005 | 11:53 PM
  #25  
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Originally Posted by Leftoverture
so look at it this way. . .you have $5000 tax-free to make whatever mods you've been dreaming of!
Uncle Sam may have something to say about that.
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Old Nov 16, 2005 | 11:05 AM
  #26  
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Originally Posted by red-y
A guy walked into a bar and yelled "all lawyer's are a-holes".
One patron stood up and said, "I take offense to that comment".
The guy that said this asked, "Why, are you a lawyer?"
The patron said "no, I am an a-hole".
Funny
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Old Nov 16, 2005 | 11:08 AM
  #27  
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Originally Posted by ZR-71
Uncle Sam may have something to say about that.
An award for property damage/diminished value is non-taxable. Only "profit" would be taxable income.

Last edited by rstackjd; Nov 16, 2005 at 11:12 AM.
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Old Nov 16, 2005 | 12:01 PM
  #28  
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Ask for $10K and wait for their response...
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Old Nov 16, 2005 | 12:07 PM
  #29  
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Salvaged title makes that car worth half of book. State Farm knows this,don't settle for less than that..
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Old Nov 16, 2005 | 04:43 PM
  #30  
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Originally Posted by rstackjd
Check out this link:

http://www.state.ia.us/government/ag...tate_Farm.html

There was a voluntary settlement reached on this matter. I have not analyzed it fully, but you should read everything in that link and follow the other links.

Then I think it would be well worth your while to consult an attorney (even if you have to buy an hour of thier time) to make sure you understand your rights under the agreement.

Best of luck
I think some of my colleagues would look at this case, I would think that you could find an attorney in your area to review it for you. I would suggest one familiar with class action suits, good luck.
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Old Nov 16, 2005 | 08:02 PM
  #31  
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A class action suit? What is that? Ive been a party to more than few but Ive never gotten any out of one.

I think that a class action suit is right up there with the ACLU.
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