insurance is replacing my motor. What is the price on a 02-04 z06 motor with 40k miles? and what is the approx cost of labor? Is it possible to ask them for the money for the motor+labor costs? BTW my motor was hydrolocked and insurance said they will find me a motor with my mileage or less (40K). I dont like the idea of a used motor, that why im wondering if they will cut me a check? thanks guys

 

I would demand the service records (oil changes, tsb's, etc) for any used motor & if they don't provide then refuse the motor. Maybe after 2 or 3 they'll realize what a stupid idea that is.



Small claims court is your friend. Put in a crate motor & sue (or arbitrate) your ins. co. for the cost, bet you'll win.

 

I believe they would go for giving you a check for the retail value of your 40K motor replaced. If you think about it unless you get some type of special insurance that is all they owe you.

That said I also believe you can get a few estimates and argue a increase in what they will pay for that replacement, then take that, add what you need, to get what you want ( a new motor).

I think Crateenginedepot.com is a vender and what I saw was a good discounted price for a LS6 from them.

Link

http://www.crateenginedepot.com/stor...268-P10C2.aspx

And even a better link below Next post

 

http://www.crateenginedepot.com/LS6-...8399-P9C2.aspx

 

Bet you wont. Some of you guys need to get real, demanded crap dose'nt work on anybody and esp an insurance company that is doing what is required of them. What the f makes you think they are responsible for the 2nd or 3rd motor (assuming that you think the 1st will not last) that is the not their responsibility. How do they know that the original wasn't about to blow? Yeah sue your insurance co. in small claims court for replacing a 40K mile motor with another 40K mile motor. Maybe you should take a look at the insurance statute for accident repair and educate yourself on exactly what the STATE requires of the ins co. Guy breaks his 40K mile motor by driving into deep water and the insurance co should have to eat it and by him a brand spankin new motor? It's a damn car, nothing special about it that requires special treatment by the ins co. over any other car.
Just out of curiosity, what makes you think you have the right to a brand new motor or that you can sue someone for not correcting your mistake to your satisfaction?


Now to the op, you may get between $2500-4000 from the ins. Considering that SDparts sells a new LS6 for $5200, I'm betting about $2000-2600 for the motor plus labor. I would take my check decide what I wanted to do, and I completely understand you wanting a new motor, so I would at the least pay the difference out of my pocket and get a new LS6.
17801267, LS6, 5.7L 405 HP Engine Kit
Part #
17801268
Price: $5,295.99

 

i would get the cash then find your own engine from a forum member or a quality vendor, and find the right installer. you know a 505 hp LS7 should bolt right in

 

What?!?!?!?!?!? No, no, no!!!! This is a CORVETTE we are talking about! It's NOT a car. It is GOD!!! You are required to always install NEW motors in used GOD!!

Lots of jokers on this website. I took some hits a year ago for calling the corvette a car like any other. weirdos.

 

my motor was hydrolocked during bad rain in 2006 and insurance adjuster looked at it and I received a check to do with as I saw fit about 2 weeks later, I got new zo6 motor for around 5400 and with install, fluid changes, etc. cost was 10.5K which insurance covered less my deductible, used motors same price as new one and chevy gives 3yr/75kmile warranty, my car is 03 and at time had about 18k on it. good luck.

 

well i dont plan on suing anyone. This is all new to me 5400 isnt bad for a new ls6! I'll probably do what you guys say...take the check and find my own motor! thanks guys for all your help

 

You must have very limited experience on how insurance companies work. There is a reason why they are the owner's of many of othe biggest business buildings in the world.

Insurance sales/marketing = promises "we'll take care of you", "you're in good hands" etc., just pay us your premium (for 20 - 30 years with no claims.)

Then, you have a claim:

Insurance adjusters = low ball offers, "it's a piece of junk", Chinese replacement parts, take it or leave it, "I'll direct you to a good shop that'll really fix it nice, etc.

You never have to take an initial (low ball) offer on what an insurance company says your loss is worth.

If you follow the advice of the quoted poster, well, you've been warned.

 

froggy im gonna take your advice. How can i put it to the insurance appraiser without offending him?

 

You don't have to take my word for it, look up the Florida state statute for an insurance repair, it's the same as Texas and it explicitly states "return the vehicle/property to PRE-ACCIDENT condition. Pre-accident he didn't have a new motor.
Again, do not take my word for it, look it up for yourself, call your states insurance commission, check your policy. No where does it state that a vehicle will be repaired with brand new parts if it is more than 2 years old. READ RIF
Chinese parts? no one has mentioned Chinese parts and in actuality, if Chinese parts meet the OEM standards, they are acceptable too. Maybe before you run your mouth you should read a little. Incidentally, my quotes are from the State Ins Regulations website, yours?

Quote from the Florida Insurance Commission. READ

 

Simple, get multiple estimates for the cost of repairs.
All you can do is ask but you need to go into the conversation informed as to what is and is not required of him/ insurance co. Do not believe what you hear a bunch of keyboard attorneys say. Do some research, follow one of the links I have posted and read the Florida Statute for Insurance repair and what your rights are.
At worst case, consult with an attorney about the case and find out what your rights are if you do not want to research it. Many people have already been in this position (accident and needed repairs), myself included and are very familiar with what the insurance co will and will not do.
Again do not just arbitrarily take the advice of someone (Mr Froggy) just because they are telling you what you want to hear. Do some research, I have provided you with 2 direct quotes from the Florida Statute yet froogy still disputes what you are entitled too. Like he said, you have been warned.

 

I will pm you as this other poster has turned the thread into an attack on myself & my comments.

 

You should read a little too...specifically, the rule about name calling and personal attacks.

Once more and you'll earn a vacation.

 

I think Millenium Z06 is having a bad day. Why pass it on to others?

 

MileniumZo6 had some good points though. (real answers, by the book)

 

In case of a loss an insurance co. is suppose to compensate you to pre-accident condition, not an upgrade or in this case a brand new engine. On the same token certainly not a lesser value or quality motor. Although hypothetically if the insurance co. were to issue you a $5000 check. You should shop around to accomodate exactly what you want within your given budget. Excess cost beyond $5000 is either out the insureds pocket or the insured has the right to file a supplemental claim. This claim will then be reviewed for validity and a decision will be given as to pay the additional amount. Either way it's really a simple matter unless your co. only covers ficus trees.