Totaled my 97 need help!!
Thread Starter
Instructor
Joined: Jan 2007
Posts: 135
Likes: 0
From: Houston TX
(UPDATE! SETTLED)-Totaled my 97 need Insurance advice!
Guy cut me off yesterday and I ended up spinning out and hitting the concrete wall. Car is toast. My insurance company said they are using a company called CCC to determine the value and that no book will be used such as blue book or NADA. I have been reading all these stories about how low the CCC figures are. How can I fight their offer. My car was a 97 with 60k and was showroom condition. Everything I have found on the internet shows I should expect to get between 17 and 19k for it in my area (houston). The nada and Kelly show it should be from 16800 to 21000. Any ideas? I just want the actual value minus my deductible. I should be able to buy another car with the cash minus the 1000. Please help me out guys I know some of you have had to do this before. Thanks
Last edited by trojan67; Nov 2, 2007 at 04:37 PM. Reason: No response. Settled issue
Pro
Joined: Jan 2007
Posts: 557
Likes: 1
From: 15 miles south from the Raisin Capitol of the World Caifornia
Guy cut me off yesterday and I ended up spinning out and hitting the concrete wall. Car is toast. My insurance company said they are using a company called CCC to determine the value and that no book will be used such as blue book or NADA. I have been reading all these stories about how low the CCC figures are. How can I fight their offer. My car was a 97 with 60k and was showroom condition. Everything I have found on the internet shows I should expect to get between 17 and 19k for it in my area (houston). The nada and Kelly show it should be from 16800 to 21000. Any ideas? I just want the actual value minus my deductible. I should be able to buy another car with the cash minus the 1000. Please help me out guys I know some of you have had to do this before. Thanks
http://www.answers.com/topic/ccc-inf...nc?cat=biz-fin
Administrator
Joined: Mar 2001
Posts: 368,389
Likes: 24,795
From: In a parallel universe. Currently own 2014 Stingray Coupe.
C7 of the Year - Modified Finalist 2021
MO Events Coordinator
St. Jude Co-Organizer
St. Jude Donor '03 thru '26
NCM Sinkhole Donor
CI 5, 8 & 11 Veteran
See if your insurance company allows for arbitration. If they do and you don't agree with the company's offer, use that provision to see if you can get more out of the settlement.
Melting Slicks
Joined: Aug 2003
Posts: 2,966
Likes: 5
From: Wichita Falls Tx
Have you considered going to Autotrader.com and finding cars similar to yours? I might print out the cars to show what the car is worth if the insurance company comes in too low with their value. Sorry to hear about you troubles.
Melting Slicks
Joined: Mar 2004
Posts: 2,437
Likes: 59
From: Bay Area (Danville) CA
I had to do this and fax them to the insurance co. because they gave me a lowball offer. the best that they came to me with my 97' was about 22k and thats because i had a $10k+ receipt for a new motor I just had installed. I finally got them to pay me the damages insted ($13.5k) and I got it fixed. It was all suspension work a new fender/bumper and some paint. so find many comparisons to send them. If they offer you a low amount, don't be afraid to tell them it's not acceptable.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Safety Car
Joined: Jul 2007
Posts: 4,333
Likes: 6
From: Louisville Kentucky
You should be working with 2 insurance companies, yours and the fool who cut you off. That would mean 2 different offers to start with. You negotiate the one with your insurance company and have your attorney negotiate with his insurance company. That will give you 2 offers to choose from and you can take the best offer.
I'm surprised that you don't have any medical issues after totaling your car. Insurance companies are quick to settle when you talk about aches and pains after a wreck.
I'm surprised that you don't have any medical issues after totaling your car. Insurance companies are quick to settle when you talk about aches and pains after a wreck.
Le Mans Master
Joined: Aug 2005
Posts: 6,488
Likes: 45
You should be working with 2 insurance companies, yours and the fool who cut you off. That would mean 2 different offers to start with. You negotiate the one with your insurance company and have your attorney negotiate with his insurance company. That will give you 2 offers to choose from and you can take the best offer.
I'm surprised that you don't have any medical issues after totaling your car. Insurance companies are quick to settle when you talk about aches and pains after a wreck.
I'm surprised that you don't have any medical issues after totaling your car. Insurance companies are quick to settle when you talk about aches and pains after a wreck.
Unfortunatly for him from the sounds of the accident he's going to be at fault in that situation. He would of been better off letting the guy hit him sadly.
Pro
Joined: Nov 2005
Posts: 626
Likes: 0
From: Fresno CA
Buying a car in Reverse
I've had the misfortune of a few totaled cars. Do your homework and know what your car would really market for. Have some examples to back up your value estimate. Do not be afraid to decline their first offer if it is really a "low ball". They are obligated to come to terms with you and the experience will be like buying a car in reverse!
I'm including a pic of my sons car customizing
I'm including a pic of my sons car customizing
Safety Car
Joined: Jul 2007
Posts: 4,333
Likes: 6
From: Louisville Kentucky
Team Owner
Joined: Oct 2006
Posts: 65,010
Likes: 133
From: Title town, Champs live here.
St. Jude Donor '09-'10-'11-'12-'13-'14-'15-'16-'17-'18-'19
You can usually get an arbitraitor( )to help settle differences in value and if you do your homework you can still be OK
)to help settle differences in value and if you do your homework you can still be OK
Thread Starter
Instructor
Joined: Jan 2007
Posts: 135
Likes: 0
From: Houston TX
The guy who cut me off did not stop. I have made copies of all the cars I have found on the internet and I will be sure to bring that with me along with pictures of my car. Thanks for all your advice guys. I was hoping someone else on here had some experience with Geico and CCC.
Burning Brakes
Joined: Oct 2006
Posts: 1,140
Likes: 0
From: HANOVER PARK IL
3 cars in 3 months.....
this was not the best summer for me.....
first my bros Lincoln
then my frineds s65
then my vette on fire
i didnt claim the mercedes but the other to just negotiated with them for a while good luck
first my bros Lincoln
then my frineds s65
then my vette on fire
i didnt claim the mercedes but the other to just negotiated with them for a while good luck