Insuranace is a joke
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So it sounds like your insurance company is trying to game the system. This isn't necessarily a problem with insurance as a concept, it's just something that happens because private companies are greedy m************.
It's okay you can say motherfuckers.
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My wifes car was $20,000 used back in 2019. Now after basically 10 years it gets hit. The insurance declares it totalled. So the car can't be legally driven. The insurance will only pay us $9000. But now we're trying to buy a replacement and for the same model year they are asking 16000!
WTF! What's insurance for? Its just a tax. I much rather save to pay for my own car and have some sort of insurance that really actually covers the other driver.
Farmer this and state farm that and whatever General lizard, all are total bullshit regardless if you caused the accident or if you're are the victim.
They should call it "pay slightly less than full price if you fucked up your car"
Insurance covers damage to the other party if you were at fault, any medical issues. To only see its value for taking care of your own car and nothing else is short sighted and ignorant.
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My wifes car was $20,000 used back in 2019. Now after basically 10 years it gets hit. The insurance declares it totalled. So the car can't be legally driven. The insurance will only pay us $9000. But now we're trying to buy a replacement and for the same model year they are asking 16000!
WTF! What's insurance for? Its just a tax. I much rather save to pay for my own car and have some sort of insurance that really actually covers the other driver.
Farmer this and state farm that and whatever General lizard, all are total bullshit regardless if you caused the accident or if you're are the victim.
They should call it "pay slightly less than full price if you fucked up your car"
What do you mean 'the insurance'? The other parties insurance, right? They usually have to provide an equivalent replacement, accepting a payment should be your choice. Dont know what its like in your specific case though.
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Well because the front fell off. It's a bit of a giveaway. I'd just like to make the point that it's not normal.
What sort of engineering standards are these cars built to?
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It's okay you can say motherfuckers.
Mother truckers?
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If your car got hit, then I'm guessing you're dealing with the other drivers liability insurance, right?
I can't speak for how the legal system where you are works, but I would hold the other driver liable for every single cent, involving a lawyer if necessary.
Yeah we got a lawyer. It's annoying to have to do that because by default the insurance companies don't want to do what they're supposed to be doing.
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Insurance covers damage to the other party if you were at fault, any medical issues. To only see its value for taking care of your own car and nothing else is short sighted and ignorant.
Liability only means your insurance pays the other car, you pay your own damages. I got liability only on my very old car. Our safer car that is driven by my wife and which carries the kids that one has comprehensive. It would cover both parties.... Get this, up to Tue great sum of 100,000.00! Anything beyond that you are on your own buddy!
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What do you mean 'the insurance'? The other parties insurance, right? They usually have to provide an equivalent replacement, accepting a payment should be your choice. Dont know what its like in your specific case though.
Yeah the other party's insurance is like, well here's 9000 bucks for your car. So it means that if you're driving a passenger van you can get hit by some idiot and then end up driving your family in a beat up mini cooper! Yey! You know, because your van is old. Its your fault that you have chosen to ride something affordable vs wanting to pay a car mortgage like a smart person.
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What do you mean 'the insurance'? The other parties insurance, right? They usually have to provide an equivalent replacement, accepting a payment should be your choice. Dont know what its like in your specific case though.
When it's totaled, then you get a cash payoff for what they declare it to be worth. It being the other person's insurance does give you a bit more leverage than is it were your own.
At least in my case, I was able to negotiate a bit and got the other person's insurance to at least go up to paying the blue book retail for mint condition of the car. They also tossed in a few thousand for pain and suffering and covered a full month of rental car. In my case someone in the other car was unresponsive and needed an ambulance ride, and on my part I had been very thorough in documenting everything that legally would count including damaged contents in the trunk, missed work, and other things.
However ultimately it is a check and car sales can be rough. So it may be that they were underpaid, or that the car's general book value didn't match their subjective value for the car, or they were thinking they should get what they paid for it. I could imagine if they bought a 2015 in 2019, they were probably getting a decent, off lease practically new car. Now they have a check appropriate for buying a 2015 of the same make and model and the 2015s now available are in worse shape than they kept their own, previous owners that neglected their car over a longer period.
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My wifes car was $20,000 used back in 2019. Now after basically 10 years it gets hit. The insurance declares it totalled. So the car can't be legally driven. The insurance will only pay us $9000. But now we're trying to buy a replacement and for the same model year they are asking 16000!
WTF! What's insurance for? Its just a tax. I much rather save to pay for my own car and have some sort of insurance that really actually covers the other driver.
Farmer this and state farm that and whatever General lizard, all are total bullshit regardless if you caused the accident or if you're are the victim.
They should call it "pay slightly less than full price if you fucked up your car"
Something similar happened to me, luckily I had decided to get the gap insurance, that makes the difference.
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My wifes car was $20,000 used back in 2019. Now after basically 10 years it gets hit. The insurance declares it totalled. So the car can't be legally driven. The insurance will only pay us $9000. But now we're trying to buy a replacement and for the same model year they are asking 16000!
WTF! What's insurance for? Its just a tax. I much rather save to pay for my own car and have some sort of insurance that really actually covers the other driver.
Farmer this and state farm that and whatever General lizard, all are total bullshit regardless if you caused the accident or if you're are the victim.
They should call it "pay slightly less than full price if you fucked up your car"
Insurance isn’t a joke, it’s a giant scam. Their entire business model is to give you less than you put in. And they make insane amounts of money doing it. No choice though, as it is basically legally required to exist in society.
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Insurance covers damage to the other party if you were at fault, any medical issues. To only see its value for taking care of your own car and nothing else is short sighted and ignorant.
Not true if you are in a no fault state. In Florida, diesn matter who's at fault....you go through your own insurance and bear the coat of increased premiums ...even if its 100% other guts fault.
Had a car totalled. 2018 elantra. Ins gave me 8k, black book value.... But a replacement could not be found for less than 17k for same model, blue book value+dealer profit shit.
Wtf.
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My wifes car was $20,000 used back in 2019. Now after basically 10 years it gets hit. The insurance declares it totalled. So the car can't be legally driven. The insurance will only pay us $9000. But now we're trying to buy a replacement and for the same model year they are asking 16000!
WTF! What's insurance for? Its just a tax. I much rather save to pay for my own car and have some sort of insurance that really actually covers the other driver.
Farmer this and state farm that and whatever General lizard, all are total bullshit regardless if you caused the accident or if you're are the victim.
They should call it "pay slightly less than full price if you fucked up your car"
To be salty: you seem kinda bad at math.
2019 was.six years ago, not "basically ten". Which wouldnt matter, if the rest of your post didn't have such "if the raise put me in the next tax bracket I'd actually lose money" energy.
Car insurance is typically for the market value of your car as-s. Not the price for a car from the same model year that has a dealer's warranty behind it.
Or to put it another way: insurance should pay out the amount you could get if you sold your car, not the cost to buy another similar car.
Now, there are insurance companies that will sell you "replacement cost" insurance, but this always means they're charging a higher premium than they otherwise would.
And you're absolutely right that insurance companies categorically suck. Auto insurance is actually the friendliest one that regularly has to pay out. Health insurance is even worse.
(Sorry for being so salty.)
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Yeah we got a lawyer. It's annoying to have to do that because by default the insurance companies don't want to do what they're supposed to be doing.
Definitely. The business model for basically all of the insurance industry - denying as many claims as possible directly contributing to the margin of the company - is fundamentally broken. A real pity on account of how good and beautiful the core idea of insurance is.
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To be salty: you seem kinda bad at math.
2019 was.six years ago, not "basically ten". Which wouldnt matter, if the rest of your post didn't have such "if the raise put me in the next tax bracket I'd actually lose money" energy.
Car insurance is typically for the market value of your car as-s. Not the price for a car from the same model year that has a dealer's warranty behind it.
Or to put it another way: insurance should pay out the amount you could get if you sold your car, not the cost to buy another similar car.
Now, there are insurance companies that will sell you "replacement cost" insurance, but this always means they're charging a higher premium than they otherwise would.
And you're absolutely right that insurance companies categorically suck. Auto insurance is actually the friendliest one that regularly has to pay out. Health insurance is even worse.
(Sorry for being so salty.)
Shut up, nerd!
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To be salty: you seem kinda bad at math.
2019 was.six years ago, not "basically ten". Which wouldnt matter, if the rest of your post didn't have such "if the raise put me in the next tax bracket I'd actually lose money" energy.
Car insurance is typically for the market value of your car as-s. Not the price for a car from the same model year that has a dealer's warranty behind it.
Or to put it another way: insurance should pay out the amount you could get if you sold your car, not the cost to buy another similar car.
Now, there are insurance companies that will sell you "replacement cost" insurance, but this always means they're charging a higher premium than they otherwise would.
And you're absolutely right that insurance companies categorically suck. Auto insurance is actually the friendliest one that regularly has to pay out. Health insurance is even worse.
(Sorry for being so salty.)
Its OK to be salty. I like my beans salty, lemony and spicy. I'm not saying you're a bean and I want to eat you in a burrito. I'm just saying you're alright.
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Insurance isn’t a joke, it’s a giant scam. Their entire business model is to give you less than you put in. And they make insane amounts of money doing it. No choice though, as it is basically legally required to exist in society.
Most insurance companies see very slim margins, it's just that even slim profits stack when you have millions of customers.
Plus, they have to put fat money in the bank to covers disasters. Problem being, after too many disasters they pull out of your state (America). I don't know the fix. I don't want to pay for California wildfires anymore than they want to pay for our hurricanes. I see a global warming future where we won't be able to get insurance unless it's a crappy government deal.
Hell, maybe that will be better. At least the government has to follow the rules they set, can't wiggle out of payments like private enterprise.
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Not true if you are in a no fault state. In Florida, diesn matter who's at fault....you go through your own insurance and bear the coat of increased premiums ...even if its 100% other guts fault.
Had a car totalled. 2018 elantra. Ins gave me 8k, black book value.... But a replacement could not be found for less than 17k for same model, blue book value+dealer profit shit.
Wtf.
Florida here, did not know that. I had thought "no fault" meant that the cop on the scene could judge an accident to be "no fault", no one party was liable.
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Its OK to be salty. I like my beans salty, lemony and spicy. I'm not saying you're a bean and I want to eat you in a burrito. I'm just saying you're alright.
wrote last edited by [email protected]The minimum liability insurance isn't a scam. If you hit someone and cripple them you'll be glad for insurance to pay their medical etc...
Comprehensive is absolutely a scam. Just take the money and save it, maybe buy some bonds. Then when it's time to buy a new car (or when you get your car totaled) you're already half way to a new car.
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The minimum liability insurance isn't a scam. If you hit someone and cripple them you'll be glad for insurance to pay their medical etc...
Comprehensive is absolutely a scam. Just take the money and save it, maybe buy some bonds. Then when it's time to buy a new car (or when you get your car totaled) you're already half way to a new car.
Cars totally suck by the way. We went to a dealership to see one of the trade-in used cars and the 20 minute trip turned into a 4 hour car ride in stop and go traffic.
Cars suck, Seattle traffic sucks, insurance sucks. One word of advice.... Don't come to Seattle. If you do, don't bring a car there. That's the only saving Grace about Seattle, there's no parking. To fix the traffic problem simply close the streets going to downtown.
Yeah definitely need a well named insurance... "Pay little" or maybe "screw everyone" insurance. Sorry, just being salty about it.
