Expert: Anne - 6/14/2008

Question
Hello  my girl freinds  car was stolen . and  the  car  was almost  new condition well  the  insurance  company  said  they will send her  a check for the  car and  the amount is  not  even at  average  $ for a car in  its condition ,  What  are  her options??  The  car  is a classic  1985  Porsche,  not  a show  car  but  very nice ???

Answer
Hello Dave,

There is no question that you need to prepare yourself (or her) to a big debate. Insurance companies will try to offer you as little as they can. They will try to get you comps outside you local market or for vehicles that are not even in the same ball park.

If there is not a market for something, then you can get out of your local market to see what values you would get. The insurance company will present to you a "CCC" report for her vehicle.

This is a report that list all the vehicles that are similar or in the same condition as yours. Since the car was stolen, there is no way for them to say that the car as not in "good condition" unless there is evidence of that. If you have in excellent condition, try to document that (by pictures, testimony, etc).

Be sure to check for tips and how to get a better value for your car.

http://www.auto-insurance-claim-advice.com/totaling-a-vehicle.html

Good Luck
Anne

http://www.SpokaneLegalHelp.com