Buying back from Insurance - Need help

Hey All,

My 2008 Utility dryvan was stolen 10 months ago with cargo. It was found last week with cargo and in same shape as when it was stolen. I spent a good amount of money on it and the insurance company settled the claim after deducting their $5000 deductible. The safety is expired and I will have to get it done again.

Now, I would like to purchase this van back from them. And to save some expense for them in hope to lower the salvage value, I asked and the adjuster allowed me to take it from the Impound yard and park it at my yard. I paid for the impound fee which they will pay me back if the buyback deal does not go through. I don't know if what I did was the right thing to do. Today, the adjuster asked me to make an offer for the dry van and my number is low.

I would like some input on this negotiation process and what you think I should offer the insurance company, especially when I saved them a lot of expenses.

I paid $11,000CAD last year for this.

Thanks

 

Any help?

 

I offered them $2500 + what I paid the impound for a total of $3500. And they agreed without any negotiation.