Question for O/O new car haulers

Discussion in 'Car Hauler and Auto Carrier Trucking Forum' started by Nobroker, Oct 17, 2020.

  1. Nobroker

    Nobroker Light Load Member

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    Just when I didnt think things could not get worse lol. Parked in a loves I had a trailer scuff the hatch or the car on the head rack, photos with contact police report everything. The damage didnt look terrible but I'm no estimator. I get the estimate for repairs $1487.00 not bad. I quickly submit it to the other guys insurance 3 days later i get a new email from the broker with estimate for reduced value of the vehicle $5700.00 Wtf.
    The $5700 is in addition to the repair bill.
     
    Last edited: Oct 17, 2020
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  3. Judge

    Judge Road Train Member

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    Yeah.
    It’s a new car with a salvage title.
    You might could buy it...
     
  4. Hulld

    Hulld Road Train Member

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    Unfortunately the car owners position is “even though it has been repaired they can no longer sell the car as NEW.“
    They feel there is a certain monetary loss because of this.
     
    Lite bug Thanks this.
  5. 12 ga

    12 ga Road Train Member

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    It's the law, over a certain amount Feds won't let it be sold as new.
     
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  6. Kozakvod

    Kozakvod Medium Load Member

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    Salvage Title? Where did he say salvaged? It was reduced value but not totaled, unless Im missing something. And I wouldn’t pay a thing, I would put all of it on the “at fault” policy.
     
    Tropsnart, Hulld and Nobroker Thank this.
  7. Nobroker

    Nobroker Light Load Member

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    Glad you can read lol, it doesnt take much to reach $1400 in damage at a dealer repair shop. I have just never heard of such a claim. I guess some costs of doing business are being absorbed by the carriers because of the high rates we charge ROFL.
    When was the last time your insurance company sent you a check for depreciated value after someone hit your car ?
    The last time I had a $1300 claim on a new car the dealer actually refused it after delivery but the point is the $1300 repair was paid end of story.
     
  8. Nobroker

    Nobroker Light Load Member

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    I have felt the same way after an accident however the insurance company must have forgot to send me my depreciated value check. Anyone here get one ?
     
  9. Nobroker

    Nobroker Light Load Member

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    Since the depreciation loss is 3.5x the the actual damage maybe I'm paying for pain and suffering as well lol.
     
    Hulld Thanks this.
  10. Hulld

    Hulld Road Train Member

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    Yeah for sure
    I wonder if the cargo insurance companies have a good understanding of what it means coverage wise to cover the exact same damage occurring on a new car vs a used car?
    I also wonder what it would be considered if instead of repairing the damage they bolted on a brand new OEM hatch?
    If a transporter pops a tire or scrapes a wheel coming off the trailer is there a reduced value charge for that also?
     
    Last edited: Oct 18, 2020
  11. Kozakvod

    Kozakvod Medium Load Member

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    My Ins Agent asked me a couple years ago if I hauled new cars and suggested that if I did to stop for the very issue you’re dealing with now. I could have had the rider that would cover this type of loss but I opted out of it. Understanding that this could happen if I had a damage on a new car.

    Years ago I actually had a damage on the roof of a new F150, but I had a 2 day breakdown before I could deliver the load. And during those two days that roof was magically repaired. Odd’est thing.
     
    Nobroker and D.Tibbitt Thank this.
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