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sflowers539 06-11-2012 10:57 AM

X3 Likely Totaled :-( (questions)
This past weekend I went to a wedding out of town and as I was leaving the long term parking ramp at the airport returning a person blew through a stop sign at about 30mph and nailed the passenger front panel causing major damage to the hood, wheels, bumper ect…. My car is a 05’ with 103K miles and is (was) in great shape but the airbag did deploy, the front end has major issues and the car seemed to have a transmission issue as we tried to get it out of park to get it towed, so I am planning on a total. The other persons insurance will likely eventually cover everything but it is still rough as the car seemed to have lots of life left and I was considering keeping for the duration. I just had a few quick questions regarding the process as I am new to it:

1) When the adjuster comes to look at the car, how can I have someone inspect the vehicle checking for things like drive-train and not just cosmetic damage that an insurance agent specializes in? I have been going to an awesome indy shop for years and they to mechanical but not body work, could I somehow have them check it out to find all the true issues rather than just have a body shop guy try to determine that? I was also considering having it towed to a dealer next as their mechanics could also make a good assessment but I have no relationship with the local dealership and with the way they often estimate charges for things I am 100% that would turn it into a total.

2) I have all the service/preventive maintenance records and just bought new tires a couple weeks ago. Can things like that typically be submitted to the adjuster to be considered in determining the value of the car?

3) I am aware that the value of the total is supposed to be the actual cash value? From what I understand that is supposed to be more than a trade in value but less than the retail value. I was wondering if it tends to be closer though to retail then trade value or vice versa as that is normally a pretty wide range.


Captain Roundel 06-11-2012 11:56 AM

Aww, my condolences. No real advice here but once a car is smashed its never really the same.
I would look for a clean replacement. Good luck! :cry:

murderland 06-11-2012 02:46 PM

you can call and ask your insurance adjuster these questions. Sometimes it differs between insurance companies and between policies but you can always ask.

UncleJ 06-12-2012 07:06 AM

Don't forget to factor in "loss of use" when computing the final offer. This can be negated if you are provided with a rental car while the adjucation process goes on. I suspect you will get mid book for your car since it is a high miler. The insurance company will then sell it to someone who, probably using body parts from a flood damaged X3, will fix it up and sell it to a used car lot -- you know, one on the outskirts of town with the dusty plastic flags and the salemen wearing snakeskin boots.:D Anyway, glad you were not hurt! That really is the main thing. Cars can be replaced!:angel:

ShakyDog 06-12-2012 01:20 PM

I also went for diminished value due to the damage it did to the resale value of my X3.

They would have been better off totaling mine out then paying what they did. I told this to them many times.

$15,500 (repairs) + Settlement equal to 75%+ of vehicle cost.

Silly Progressive.


Roundelhead 06-12-2012 04:11 PM

Sorry to here about the X3.

When my 2001 325xit was in a very heavy hail storm my insurance company was great (State Farm, I've been with them for years for houses, cars, bikes). The adjuster came out and really gave credit for everything with the car, condition, tires, packages, interior, etc (no credit for maintenance, that is considered normal use). When they came back with a value it was really high. (plus some differed maintenance that I was going to do). My agent would have fixed the car with the quote that I got, but he let me total it instead. I think I came out several thousand ahead. Took the proceeds and purchased my 2006 X3 (plus a little more cash).

Hope this helps.

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