Totaled my 2012 Rubi - LUCKY TO BE ALIVE!
01-11-2012, 12:20 PM
#202
01-11-2012, 03:50 PM
#204
JK Super Freak
Your insurance claim has nothing to do with the dealership. If anything they will be stoked to get your business twice. They are still getting paid by the bank for your first sale. It doesn't matter that your sale price was only $14k (if i remember right from previous posts). You will get either MSRP value or current retail ammount (that would be dick by the insurance co.). Either way, your gunna get a check for the value, that in part will pay off the bank and the rest goes to you for a down payment on your next vehicle. If all fairs well, this shouldn't cost you a penny more. If anything, mention that you have already given them business once this month and they should give you a better deal on the second sale!
Typically that is the case with most vehicles due to the fact that they are unibody. I have seen an H3 get a whole new body because the frame and driveline were still ok. I would push for the total loss, I doubt the frame scaved away from any damage!
Typically that is the case with most vehicles due to the fact that they are unibody. I have seen an H3 get a whole new body because the frame and driveline were still ok. I would push for the total loss, I doubt the frame scaved away from any damage!
01-11-2012, 07:30 PM
#205
JK Jedi
Thread Starter
This goes further for anyone to learn also in case you didnt have it OP, did you have GAP coverage? if not and for anyone in the future GAP coverage is great to have if you are looking to buy a new vehicle, this way if something like this happens, you will be covered for the entire or close to the same amount as the purchase price of the vehicle, it is designed for instances like this where you total a vehicle "driving off the lot" as most insurance agents will explain.
I only owed $14K on the Jeep so GAP would not work for me.
01-11-2012, 07:54 PM
#206
JK Enthusiast
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Your understanding of gap insurance is correct. I know people keep bringing it up to you. It only covers the "gap" between what the insurance values the vehicle and what you owe.
Also before they offer you the value of a used 2012 you should research what dealers are asking across the country for "used 2012's" equipped close to yours. If its like most used, less than one year old vehicles I see at car lots the asking price is more than what you can buy a new on for.
Be ready with your own research to negotiate and don't forget your medical expenses. I hope not but it may take some time before you can settle this claim.
Also before they offer you the value of a used 2012 you should research what dealers are asking across the country for "used 2012's" equipped close to yours. If its like most used, less than one year old vehicles I see at car lots the asking price is more than what you can buy a new on for.
Be ready with your own research to negotiate and don't forget your medical expenses. I hope not but it may take some time before you can settle this claim.
01-12-2012, 05:13 AM
#207
JK Super Freak
Sorry yes, I didnt know the amount of your purchase but yes like Dr. Satan said, GAP covers the difference between your purchase price and what the valued price is, to help underwater loans. You sir obviously did things right and bought a vehicle you could afford not one you just wanted, and for that I thank you 
. I think you will come out just fine here, my wife got rear ended and totaled her 05 Equinox a year ago and KBB and other values over her vehicle were only $$5400 (2wd with over 100k miles errrr), we ended up getting just over $10k so that the insurance company could close the claim, medical was involved as well but it was just some pain meds and physical therapy like yours, which we got paid out for later as well separate from the 10k), so I think and sincerely hope you will be covered completely on this so you don't end up screwed as it was literally brand new.
. I think you will come out just fine here, my wife got rear ended and totaled her 05 Equinox a year ago and KBB and other values over her vehicle were only $$5400 (2wd with over 100k miles errrr), we ended up getting just over $10k so that the insurance company could close the claim, medical was involved as well but it was just some pain meds and physical therapy like yours, which we got paid out for later as well separate from the 10k), so I think and sincerely hope you will be covered completely on this so you don't end up screwed as it was literally brand new.
01-12-2012, 06:08 AM
#209
JK Freak
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Glad your ok. It looks like the passenger side crushed more than the driver? Making me want a reinforced cage not as much for wheeling but for the psychos out there...
