Please and thanks.
A driver totaled my parked truck. Their insurance made an offer. It is an older truck and in the last 2 years I had ~$2000 worth of work on it. I work from home & don't drive it much. I submitted receipts & asked for more. They said no. Do I have any recourse or am I stuck taking the original offer?
byu/Sariel007 inInsurance
Posted by Sariel007
4 Comments
What work? Usually engine, tires, etc is maintenance and doesn’t add value.
Especially since it wasn’t done in the fiscal year but 2 years.
You can try suing their insured. But it’s not super likely to succeed. You can try an appraiser. But it will probably waste a few hundred. Usually you don’t get anything out of upgrades without having a collector’s agreed value policy of your own for doing a restoration.
They must make you ‘whole’ again. You must get an equivalent truck to the one you lost. You do not have to take book price on the age/make. How you use it is irrelevant.
Nope. Normal wear and tear & repairs are part of owning the truck. You’d have had to make this repairs regardless of the wreck and so they aren’t covered under a liability or first party policy.