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Old 07-07-2017, 08:10 AM   #24
B Myers
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Join Date: Feb 2016
Location: Murphysboro Illinois
Posts: 119
Re: Insurance woes after hit and run

Quote:
Originally Posted by mrtoni View Post
Yep, preparing to get screwed. Adjuster report says comp sales are 7700 in Iowa and 7900 Missouri. Her estimate for repairs is 2400. If it hits about 4500 which it will it will be a total loss. They will pay 8200 for total loss minus salvage price est $200 by her and I can retain it.
She said in litigation there 3rd party neutral computer estimate cannot be challenged i.e. Value is un arguable.
That might be your deal because if you take the payout and buy it back for salvage you can fix it and move on. As long as the title is not signed over it doesn't turn into a salvage title, only if you let the title go and get it back do you have to deal with that.
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