Re: [DML] Insurance

["Louie" <louie@xxxxxxxxxxxx>]

When my car was totalled they came up with a replacement cost, which 
is NEGOTIABLE by the way. They tried to offer me $13k for my car but 
I ended up with $20k in the end (plus the money I got from the 
ensuing lawsuit from the drunk who hit me). The insurance company 
will then offer you to buy the car back for 25% of that agreed 
replacement cost. So as badly damaged as my car was, I felt that was 
too much. 

But that's not your last chance. Your car will then go to auction. 
Keep on top of your insurance company about it, or your car will get 
away from you. I found out that my car went for $1800 on the auction 
block... talk about sickening for me. But it's in the hands of 
another owner at least, who is using it to bring his back to life. 
So the lesson is be a tough negotiator and be extremely vigilant of 
the process.

Louie Golden 
VIN 5252 Charlotte, NC









To address comments privately to the moderating team, please address:
moderators@xxxxxxxxxxx

For more info on the list, tech articles, cars for sale see www.dmcnews.com

To search the archives or view files, log in at http://groups.yahoo.com/group/dmcnews 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/dmcnews/

<*> To unsubscribe from this group, send an email to:
    dmcnews-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/