Insurance company [Archive] - Chevelle Tech

: Insurance company


godsend
Aug 25th, 99, 10:19 AM
I had a chevelle -69SS with a -70 454 engine in it a ls6. It had a 10point cage. Setup for stock classes. Centerline SST wheels.
12B with strange axles.
It had a perfect red paint and look standard from all sides exept the wheels and the cage.

It was stolen before summer and the insurance company say it worth 6000.

I would think it was worth more isnt it?

Wally
Aug 25th, 99, 11:11 AM
Unless you had the car insured for replacement value or have classic car insurance like I have on the two chevelles I own, then what you think it is worth or what anyone else thinks it's worth is pure hot air. Given what they are offering, I would take the money and run. If the car was original and you went to the trouble to have it appraised, you might have a leg to stand on.

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Wally
Gold #67
67 malibu

L6571SS
Aug 25th, 99, 11:13 AM
My 71 SS at 91K with the old paint and its old 350 was appraised by the insurance company at $6500 (I paid $4800). Still with the old paint but all new suspension new 350 and wheels its at $9500.

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JT
71 SS Vortec 355
www.angelfire.com/co/KellyMotorsports (http://www.angelfire.com/co/KellyMotorsports)

Bill T SS70
Aug 25th, 99, 11:18 AM
What type of Insurance did you have? Stated value? or Agreed to value? or just regular insurance on a 69 chevelle??? What was the value of the car on your policy?
Also, did you have the car appraised and did the insurance company have a copy of the appraisal?

The answers to the above questions will impact the amount of money the insurance company will pay you.

Sorry to hear about your loss. Maybe we can all learn something about Insurance from this!!!

I just looked at your profile and realized you live in Sweden. I would assume your insurance policies are different than in the USA.
Bill

[This message has been edited by Bill T SS70 (edited 08-25-99).]

Boyk67
Aug 25th, 99, 1:12 PM
Provide the insurance company with as much documentation as you can...sale ads, prior sales prices, cpi, nada, anything you can find that will help your cause. They might change their tune when you show them some paperwork. I'm an insurance adjuster, and trust me, you probably know more about classic cars than anybody they have working for them. Do your homework and present your case. It just might work.

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- Dave

godsend
Aug 25th, 99, 11:10 PM
ok i should try find some papers about the car but they are really rare orund here, i have only seen 3 and my is the only one that was a HT with BB. I bought the engine for 3000. so i thought i would be a lot more worth.

Al
Aug 26th, 99, 9:33 AM
Try going to our forsale pages at: www.chevelles.com/ads/forsale/ (http://www.chevelles.com/ads/forsale/) and find comparable cars (might want to check the parts pages for engine prices too). Print these out and use them as 'real world' pricing of what it would be to replace your car. This makes a pretty strong argument.

ken2
Aug 26th, 99, 3:05 PM
get copy of Hemings Auto News, it will probably show a much higher value for a similar car