Still waiting on insurance to do its thing - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

joeysSS · 12-29-2011, 10:59 AM

It's been since the 17th since my SS was totaled. The holidays really have everything jacked up so I am still waiting on the official word from my ins company as to how much they are going to give me. This will take a day or two as I'm sure I will have to go back and forth. Without putting it on the lift, just looking at it without even opening the hood they stopped writing stuff down at $24000.00. The car had 8000 miles on it. I had GFX and a new exhaust so I am dying to know what they will give me. Any guesses? It was a 2SS/RS. Black on black.

chd1 · 12-29-2011, 11:01 AM

sorry to hear

2010SS2SS · 12-29-2011, 11:10 AM

Need to get some comps together! I would check autotrader or nada and do some research... Remember the insurance company isn't looking out for you, they are only looking out for their bottom line

SlingShot · 12-29-2011, 11:26 AM

Was the car paid off ? If not did you have GAP insurance ?

joeysSS · 12-29-2011, 11:35 AM

I only owed 4000 on it. No Gap insurance. I'm just waiting to get "kissed" by the insurance people. Could be worse I guess.

SlingShot · 12-29-2011, 11:57 AM

Seeing you only owed 4K the GAP would have done no good. You should get the value of the car minus 4K and minus your deductible. If you end up with 23-25K you would be doing good.

Scrappy Doo · 12-29-2011, 12:09 PM

I would think you should net around 25-27k.

562TROJAN · 12-29-2011, 12:14 PM

Sorry to hear this... Hope all parties involved are okay.

white ZL1 · 12-29-2011, 12:21 PM

Quote:

Originally Posted by Scrappy Doo

I would think you should net around 25-27k.

I would hope towards the high side of that. Maybe a bit more. NADA has clean retail in the $33-$34k range on an '11 depending on options. But I've never been through this personally, so I wouldn't know what to expect from the insurance company.
Just checked KBB private party value too...and it's appx $33k too.

2010SS2SS · 12-29-2011, 12:26 PM

They'll hit you low, you hit them high and make them sweat! Show them research on other cars in your area and what they are selling for. Best to go in swinging with something to back up your numbers. Only ever had one car totaled but got between clean trade - retail and my engine back

ron10 · 12-29-2011, 12:33 PM

don't let them give you less than full value of your car.

malave7567 · 12-29-2011, 12:34 PM

Quote:

Originally Posted by 2010SS2SS

They'll hit you low, you hit them high and make them sweat! Show them research on other cars in your area and what they are selling for. Best to go in swinging with something to back up your numbers. Only ever had one car totaled but got between clean trade - retail and my engine back

Truth.

i had my 1989 RX-7 Turbo hit (needed new passenger fender, door, and quarter panel work, but frame and mechanical features were untouched) and they wanted to salvage the car and only had me 1500 or so. I had to show them how ridiculous of a lowball that offer was. I eventually ended up getting 3400 and keeping my clean title. Don't be afraid to fight whatever lowball offer they make first on the value of your Camaro.

RED DEMON SS · 12-29-2011, 02:59 PM

Also see if you can buy the car back from them for a low price? Part it out and make some money!

LS3AlexSS · 12-29-2011, 03:34 PM

I work for an insurance company and my understanding from what claims dept tells us is nada.com is a close estimate to what you will get.

12-29-2011, 10:59 AM	#1
joeysSS Drives: 2011 Camaro 2SS/RS Join Date: Jun 2011 Location: Edmond, OK Posts: 328	Still waiting on insurance to do its thing It's been since the 17th since my SS was totaled. The holidays really have everything jacked up so I am still waiting on the official word from my ins company as to how much they are going to give me. This will take a day or two as I'm sure I will have to go back and forth. Without putting it on the lift, just looking at it without even opening the hood they stopped writing stuff down at $24000.00. The car had 8000 miles on it. I had GFX and a new exhaust so I am dying to know what they will give me. Any guesses? It was a 2SS/RS. Black on black. __________________

12-29-2011, 11:26 AM	#4
SlingShot Drives: 2012 ZL1 - #670 Join Date: Jun 2009 Location: Seminole, Fl. Posts: 8,009	Was the car paid off ? If not did you have GAP insurance ? __________________

12-29-2011, 11:35 AM	#5
joeysSS Drives: 2011 Camaro 2SS/RS Join Date: Jun 2011 Location: Edmond, OK Posts: 328	I only owed 4000 on it. No Gap insurance. I'm just waiting to get "kissed" by the insurance people. Could be worse I guess. __________________

12-29-2011, 11:57 AM	#6
SlingShot Drives: 2012 ZL1 - #670 Join Date: Jun 2009 Location: Seminole, Fl. Posts: 8,009	Seeing you only owed 4K the GAP would have done no good. You should get the value of the car minus 4K and minus your deductible. If you end up with 23-25K you would be doing good. __________________

12-29-2011, 02:59 PM	#13
RED DEMON SS OFF THE CHAIN Drives: PSHHH UWISH Join Date: Sep 2011 Location: This Side Of Hell Posts: 8,406 View My Garage	Also see if you can buy the car back from them for a low price? Part it out and make some money! __________________

12-29-2011, 11:01 AM	#2
chd1 Drives: 68rs/69z28/2010 2SSRS-callaway Join Date: Jun 2009 Location: silver spring md. Posts: 304 View My Garage	sorry to hear

12-29-2011, 11:10 AM	#3
2010SS2SS Drives: 2010 Camaro SS 2SS Join Date: Aug 2009 Location: Cypress, texas Posts: 1,302	Need to get some comps together! I would check autotrader or nada and do some research... Remember the insurance company isn't looking out for you, they are only looking out for their bottom line

12-29-2011, 12:09 PM	#7
Scrappy Doo Drives: Callaway Rogue Join Date: Jul 2009 Location: W8n 4 Snow, Minnesota Posts: 4,738	I would think you should net around 25-27k.

12-29-2011, 12:14 PM	#8
562TROJAN SoCal Mayhem Drives: 2011 RJT 2SS Join Date: Feb 2010 Location: Norwalk, CA Posts: 973	Sorry to hear this... Hope all parties involved are okay.

12-29-2011, 12:26 PM	#10
2010SS2SS Drives: 2010 Camaro SS 2SS Join Date: Aug 2009 Location: Cypress, texas Posts: 1,302	They'll hit you low, you hit them high and make them sweat! Show them research on other cars in your area and what they are selling for. Best to go in swinging with something to back up your numbers. Only ever had one car totaled but got between clean trade - retail and my engine back

12-29-2011, 12:33 PM	#11
ron10 Drives: 2010 2SS IOM L99 Join Date: Jan 2010 Location: LOUISVILLE,KY.. Posts: 7,545	don't let them give you less than full value of your car.

12-29-2011, 03:34 PM	#14
LS3AlexSS Drives: 2011 Black Camaro SS Join Date: Nov 2011 Location: Texas Posts: 146	I work for an insurance company and my understanding from what claims dept tells us is nada.com is a close estimate to what you will get.

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