Boat Insurance Actual Cash Value
Totaled in a car accident. Insurer is not offering enough money?
I was hit by a reckless driver. The accident was not my fault. The other driver and I got the same insurance company (USAA). Now the problem is that we are military and we are PCS-ing next month. We basically had our car was sold to a guy on my boat husbands who were just waiting for them to return from deployment do all the paperwork. And we had not worked for us was to turn the car until the day before we left the island. Now I obviously can not sell it and need a car accommodation. The insurance company is not offering what I feel is enough to replace my car. I used Kelly Blue Book to determine the actual cash value of my car, said 13,900. I owe 11,700. They offered 11,300, claiming that is my car is worth. What do I do? All I want is to be "whole" … my car to be paid and accommodation until I leave.
# KBB is not a right place to get a vehicle's value. Far from accurate. # 2 What do you feel "enough" does not matter. Feelings do not play in determining the actual cash value (ACV) of a vehicle. USAA When you made the offer to you probably relied on a CCC or similar report. If they do not give to you, request a copy, you have the right to see what documentation they used to determine value. These reports are based on car sales real, not asking prices or values statements. In reviewing the report you should be able to see the other cars like yours and what price and where they were sold. Just tell them to "feel" like they owe you more will not help your case nor KBB prices. The only thing that could get the offer raised is for you find comparable vehicles and have a higher selling price, not asking price. So much work, but may be interesting for you to do Research on your own. BTW, they should only for the rental car until you make a settlement offer, then there is no way you will get them to pay for a rental car until you leave. Cases like yours is strictly a matter of documentation. If you do not like your offer, then it is up to you to find documentation to show that his offer is not correct. Good Luck.
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