USAA low balled me but I won this way - Saabnet.com Bulletin Board
Consider NOT having collision if you have a Saab and prefer to keep it. Due to low resale value caused by people not knowing or liking Saab, if will be very easy for your car to be totaled. If you don't have collision, you can negotiate with the other at fault insurance company. If you have collision, your insurance will total the car and then seek reimbursement from the at fault insurance.
I have USAA and they totaled the car as well as low balled it. You have to look up your state insurance regulations. I am in Washington state. Washington state requires that insurance companies value cars based on what other actual cars are selling, not an appraiser or blue book value.
USAA cheated and selected cheap selling cars within the permitted 150 mile radius and then "weighted" them (like car A-90%, car B-2%, car C-8%). I caught them cheating and complained to the state insurance commissioner. On the deadline for their response, they would not budge but agreed to increase the condition of the car and decrease the salvage value to $100. They then told me a junk yard that would buy the car for more than the salvage value. All that manipulation resulted in a more fair value, which was close to my calculations. Because of our agreement, they were not required to respond to the insurance commissioner.
I don't like it that USAA cheated but it is good that they paid me a fair amount in the end. However, their cheating on valuation was not challenged on the state level so they almost certainly continue to do it.
posted by 174.216.2...
Posts in this Thread:
- appraiser needed, '92 900T Conv, insurance company lowball, nelangland , Wed, 23 May 2018 23:40:34
- Re: appraiser needed, '92 900T Conv, insurance company lowball, nelangland , Tue, 29 May 2018 16:45:37
- Re: appraiser needed, '92 900T Conv, insurance company lowball, neil dale , Tue, 29 May 2018 16:41:411
- Re: appraiser needed, '92 900T Conv, insurance company lowball, Bernie , Sat, 26 May 2018 14:57:45
- How about Collector and Classic Car Insurance?, DnstrDan , Sat, 26 May 2018 09:59:27
- Re: appraiser needed, '92 900T Conv, insurance company lowball, NCCaniac , Thu, 24 May 2018 08:24:461
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no Spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Your address is: 18.104.22.168 - Using CCBot/2.0 (https://commoncrawl.org/faq/) - Logged.
Site Members do not see red text instructions, skyscraper, nor box ads.
Click here to see all
the Site Membership Benefits!