If the deer was another car with good premium insurance, you would probably get more than the market value? I think logically, it should. Like you hit me, I just want my car to be fix and we call it even. Although you have to pay out more than the market value for my car to fix it. Either pay that much or give me that much.
Then again, I can see how corruption can entails. Car don't worth much but your scammer auto shop gives a ridiculous high estimate just to screw the insurance company over.
But still though. If you sell your car, you get 4300. If you get into a wreck and it is not your fault, you still get 4300. Where's the value into this?
Well with the teggie, the auto shop is a shop that works with the insurance company, a branch of the insurance company is actually inside the auto shop.
The teggie is a 2001 with over 160k on the odometer when it hit the deer. I honestly thought the insurance was going to put the value way lower than what I got, I thought for sure around 2k.
Yes I could've "sold" the car to the insurance company for 4300 and so essentially I would've only bought the car for 700 bucks but I invested way over 4300 dollars in parts into the car even thought it won't add value to the car in the insurance's eyes, that was alot to to lose. Not only that but the car still ran fine, no engine damage, the alignment was not off, the frame was not damage, the radiator was not busted, the only thing that happened really was the front bumper was torn, lost the driver side signal light and slight damage to where the bar/mount where the radiator sits, pretty much, this car was still drivable. So I buy it back, I get a 3500 dollar check, and a car that still drives pretty much perfect. All I did was buy a new bumper and a new signal light and put that on myself.
But if the deer was another car, I would only get market value. I believe the market value at the time for my crx was around 2500, I did get estimates at car shops and they were around that price as well. The insurance adjuster came out and look at my car and look at my quotes and thats how much he wrote the check for, I'm assuming it was for the market value, I can't remember to well now but that car itself had around 140k on the odometer and was a 91 crx si. I assume the just type that all into the computer and see what the values they have listed for the cars at that time.
If you do take your car in to yours or their's insurance person, make sure you list everything! Like my car's got leather seats, sunroof, etc etc etc etc etc... it all adds up. I believe that's why I was able to get such a good "price" on my teggie even with all it's mileage and it's year. The accident happened like in 2014 I think. A 14 year old teggie with over 160k still nets about 4300 on the market. Astonishing.