Forum Discussion
TInmania
Mar 03, 2015Explorer
ugh wrote:
The insurance will give us 12,400 minus 1,000 deductible. Not bad for a 11 years old bare bone truck with only 70K miles.
I took my brake controller out while I was waiting for the tow truck. No way I would let that go. I got the rest of the stuff today.
Any chance you can buy your totalled truck from the insurance company? They will be selling it to a salvage company for a very low price. They will sometimes/often let you have it for the same price.
For the amount they are giving you there is a chance you can get it repaired for less. You could even come out ahead, especially if you know someone who can do the repairs or if you can live with some minor cosmetic damage. Their own repair estimate is possibly or even probably lower than what they are giving you, since they will total it if the estimate is 80%, give or take, of the book value.
Granted you will have a salvage title, but if you intend to keep it for a while it won't matter too much.
Michael
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