insurance trying to screw meeeeeee
The insurance company for the crash my motorhome was in They are trying to screw me. This rig is a (1979 26' Itasca class A ) is totaled. But the insurance company only wants to fix the bumper. The...
Forum Discussion
johngg wrote:
But I should be able to collect what I paid for the motorhome barley 27 hours
Prior to this. I just bought it put 4 miles on it.
That may or may not be the standard they will use. If they determine the value is more than the repair costs, then it is considered totaled. The value is the fair market value. Assuming you paid fair market value for the motorhome, then yes that's a good place to start. In the event they agree to your price then they give you that price and you turn the motorhome over to them and they sell it at auction for parts. If you want to keep the motorhome, then they will estimate what the salvage value would have been, and deduct that from the value you guys agreed to, and that is your settlement.
