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.
Question for O/O new car haulers
Discussion in 'Car Hauler and Auto Carrier Trucking Forum' started by Nobroker, Oct 17, 2020.
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It’s a new car with a salvage title.
You might could buy it... -
They feel there is a certain monetary loss because of this.Lite bug Thanks this. -
It's the law, over a certain amount Feds won't let it be sold as new.
Doealex Thanks this. -
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.
p608, Tropsnart, Hulld and 1 other person Thank this. -
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. -
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Hulld Thanks this.
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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
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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.
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