1998 Wrangler SE 83k miles totaled by insurance co.
I had my 1998 Wrangler SE totaled (someone pulled out in front of me from a side street ) by the insurance company. How will I keep from getting screwed by the insurance company due to a lower KBB value than my Wrangler was really worth. My Wrangler was a 1998 SE with 83000 miles and in great shape. I just had over $4000 dollars in repairs to make it top notch. Both of us have liability only. Mine is USAA and they have been very helpful to me. Help!!! Thank's. DaninDallas
Your insurance company should (and probably will) go after the guilty parties insurance company under their liability clause.
Here's the issue with liability - you are not covered for damages to your Jeep. So if you can't pay to have the Jeep repaired, you're out the car. KBB has nothing to do with it. The amount of money you recently spent will not be factored in.
Each insurance company has different methods for settling their total losses. You're stuck with filing through the other party's carrier, assuming they're 100% at fault. Your company won't be going after the other company because they can't collect anything if they don't pay for anything. So since you don't have collision coverage with USAA, they can't do much for you.
The company I work for uses NADA clean retail value. Other insurance companies have told me we overpay for totals, but we like to provide good coverage. That being said, your total loss settlement with the other carrier is negotiable. They can't magically make your Jeep worth more than it really is, but if they take deductions from the value based on existing unrelated damage, high mileage, etc. see if you can negotiate those deductions. Some companies may cut the deductions in half so that may help put some extra money in your pocket.
If they're offering you average value but your Jeep is truly in great shape, negotiate for a better value. Granted, the money you just spent on it doesn't increase it's value, they should offer you decent coin for a Jeep in good shape.
2012 KK Sport, Mopar skids, DuraTracs, Mopar Grille Guard
98 ZJ Laredo SE 4.0, 2" Skyjacker BB, JKS Quicker Discos, Goodyear Wrangler MT/Rs, K&N FIPK, Kolak cat & back exhaust, Westin Safari bar, KC lights
Who was at fault for the accident? By your description it sounds like the other driver was. If you were at fault then your ins company won't do anything since you only have liability. If the other driver is at fault then should pay you what your Jeep is worth. You won't get the $4k back you put into the Jeep, but make sure they give you what its worth.
Well, as the world turns USAA is doing an excellent job for me. The other party has given bogus information so he is an uninsured motorist. USAA has given me an offer that is close to what I need for a replacement, but in some of their comps they used a 4 cylinder and I told them that there is no comparison to the inline 6. USAA is real people talking to me. Crazy isn't it?
Hi, thanks to all that have replied. I did have the appraiser try to use 4 cylinder comparable vehicles and I had to explain that that's like trying to compare apples to oranges. That did up the estimated value by $700 but I'm not through with the appraiser yet because I believe the low mileage (86,500) is not being given enough weight. What do ya'll feel about a comp that has 150,000 miles. I really don't want anything over 99,999 miles but is that too much to ask? Thanks