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29
stfu
2022 Jan 7, 12:01pm
Google "Diminished value" consultancy or mediator.
One of my kids' auto was involved in an accident in which the other driver admitted guilt (shocking!). Other parties Insurance company was happy to pay for repairs but (little known fact) once your car is involved in an accident it's resale value is reduced by thousands.
My wife found one of these "diminished value" guys and for $300 he was able to represent my daughter and wrangled an extra $4,000 above and beyond the cost of repair to make up for the diminished value. Pretty good return on investment.
My state has laws in place which enable this, not sure about yours.
One of my kids' auto was involved in an accident in which the other driver admitted guilt (shocking!). Other parties Insurance company was happy to pay for repairs but (little known fact) once your car is involved in an accident it's resale value is reduced by thousands.
My wife found one of these "diminished value" guys and for $300 he was able to represent my daughter and wrangled an extra $4,000 above and beyond the cost of repair to make up for the diminished value. Pretty good return on investment.
My state has laws in place which enable this, not sure about yours.
30
B.A.C.A.H.
2022 Jan 7, 12:48pm
B.A.C.A.H.
2022 Jan 7, 12:48pm
stereotomy says
WineHorror1 says
Agree.
The liabilities associated with the property damage are rounding errors compared to medical damages. This is why homie has no collision but millions in liability. Someone close to me had a liability claim in excess of 1 M from a rainy-day accident.
Several years before I was rear ended I had received chiropractic care. It was all in the past when the accident occurred. The day after the crash I made an appointment for him to reassess me "just in case". I could see the Greedy Daffy-Duck type dollar signs in his eyes when I told him about the accident.
Moreover, my ten year old was in the vehicle during the accident. The chiropractor examined the kid and determined that to be sure there was no injury that might have latent effects, the kid would require several follow up exams.
The insurance company kept checking up on us, asking how we're doing. I only answered, "we're under the chiropractors care: ask him."
Eventually, the chiropractor cleared the ten year old from "needed follow ups". The insurance company was thrilled, and without me asking, proffered a large cash sum that would more than cover the piddly-ass amount the OP is worried about for his property damage, if (as his guardian) I would release them from liability for my child. It was a nice start for the college fund.
As for my separate claim, I had many more visits to the chiropractor. Then I waited till one year after the accident for the insurance company to settle the claim. At no time did I ever ask for a penny of pain and suffering or lost time or anything. They just settled because they were glad to get rid of us.
Property damage is nickel and dime stuff.
Whiplash is a MAJOR ticking time bomb. If it was bad enough to total the car, you should get her an MRI ASAP. Brain injuries manifest over several days, and by the time she's feeling bad, the damage has already been done. If the brain is injured, it swells, but there's nowhere for it to go, so it squeezes itself against the inside of the skull until blood flow is cut off and grey matter starts dying. She needs anti-inflammatory medication ASAP if she's brain-injured.
WineHorror1 says
Tell your wife to get medical attention Pronto. Do not wait.
Agree.
The liabilities associated with the property damage are rounding errors compared to medical damages. This is why homie has no collision but millions in liability. Someone close to me had a liability claim in excess of 1 M from a rainy-day accident.
Several years before I was rear ended I had received chiropractic care. It was all in the past when the accident occurred. The day after the crash I made an appointment for him to reassess me "just in case". I could see the Greedy Daffy-Duck type dollar signs in his eyes when I told him about the accident.
Moreover, my ten year old was in the vehicle during the accident. The chiropractor examined the kid and determined that to be sure there was no injury that might have latent effects, the kid would require several follow up exams.
The insurance company kept checking up on us, asking how we're doing. I only answered, "we're under the chiropractors care: ask him."
Eventually, the chiropractor cleared the ten year old from "needed follow ups". The insurance company was thrilled, and without me asking, proffered a large cash sum that would more than cover the piddly-ass amount the OP is worried about for his property damage, if (as his guardian) I would release them from liability for my child. It was a nice start for the college fund.
As for my separate claim, I had many more visits to the chiropractor. Then I waited till one year after the accident for the insurance company to settle the claim. At no time did I ever ask for a penny of pain and suffering or lost time or anything. They just settled because they were glad to get rid of us.
Property damage is nickel and dime stuff.
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We owe $30k, we got a fucking deal, wasn't a huge down payment when we bought April 2021. I want the $50k as it's not our fault someone rear ended my wife (a truck before there are jokes). Anyone have experience with totaled cars and the process?
I know I can search, but I feel like I'm just goin to get a bunch of insurance ads, attorney ads and bullshit like that. Don't want to hire anyone and give up 10-30% because we got a deal of a lifetime on a car.
Any tips or experiences would be appreciated.