Dealing with Insurance Companies..
Just seeking suggestions and/or advice... This week my Immaculate Truck was attacked and severly damaged by a logging truck on the interstate. No injuries thank goodness. I have been in contact with ...
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Week before last a large "Road Construction Ahead" sign blew over and hit the passenger side of my 2014 Ram 2500. Got lucky and tracked down the TXDOT inspector overseeing the road project and he identified the sign owner and they admitted that it was improperly ballasted and they accepted liability. Truck goes into the shop this week for repairs ($6503 is the present estimate). The local dealership estimated a $1500 to $2000 diminished value hit due to CarFax even with a good repair and advised getting a diminished value appraisal and then go after their carrier.
I did contact my insurance company (State Farm) right after the accident and they offered to cover the claim less my deductible and then refund the deductible after the other company settled. My agent said that contractors insurance companies are normally very hard to deal with and often take the threat of a lawsuit to get things moving. He did state that my carrier could not cover diminished value because of the way the law was written in Texas. My BS detector did perk up on this, but with as messed up as our legislature is I would not be surprised.
I did contact my insurance company (State Farm) right after the accident and they offered to cover the claim less my deductible and then refund the deductible after the other company settled. My agent said that contractors insurance companies are normally very hard to deal with and often take the threat of a lawsuit to get things moving. He did state that my carrier could not cover diminished value because of the way the law was written in Texas. My BS detector did perk up on this, but with as messed up as our legislature is I would not be surprised.
