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Old 01-16-2022, 07:49 AM
 
11,015 posts, read 6,870,183 times
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This post reminds me of a neighbor I once had. She bought a brand new Acura which was her absolute pride and joy. Not a few months later, she had an accident that was not her fault. To make a long story short, she was lowballed and did not get remunerated for the value of replacement. She had to save up for more than another year before being able to purchase another new Acura. I never found out exactly why she let this happen, but hopefully it was a lesson to her.
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Old 01-16-2022, 07:58 PM
 
13,131 posts, read 20,984,674 times
Reputation: 21410
The one added comment I have is to know your Sate's insurance regulations. In some States, with the exception of generic good faith regulations imposed on all insurance companies, State regulations and State Insurance Commissioner's may have little ability to assist you if things get bogged down when dealing with the other person's insurance company. In all States, the insurance regulations favor the policy holder in regards to how they must be treated by their own insurance company, but often falls short on those protections when you are not the policy holder. So, just keep that in the back of your mind.
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Old 01-16-2022, 08:05 PM
 
1,085 posts, read 692,338 times
Reputation: 1864
Quote:
Originally Posted by Rabrrita View Post
The one added comment I have is to know your Sate's insurance regulations. In some States, with the exception of generic good faith regulations imposed on all insurance companies, State regulations and State Insurance Commissioner's may have little ability to assist you if things get bogged down when dealing with the other person's insurance company. In all States, the insurance regulations favor the policy holder in regards to how they must be treated by their own insurance company, but often falls short on those protections when you are not the policy holder. So, just keep that in the back of your mind.
Very very few states have these regulations in place for a third party liability claim when it comes to property damage.
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Old 01-19-2022, 10:00 PM
 
Location: The Disputed Lands
843 posts, read 564,235 times
Reputation: 1649
I am always disappointed when someone posts a question like this, looking for help (which they receive) then never returns to add more info and/or clarifications, or don't provide any closure. How about, ya know, a little something for the effort?
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Old 01-20-2022, 02:37 PM
 
2,612 posts, read 928,732 times
Reputation: 2008
Quote:
Originally Posted by PATSY OSWALD View Post
Last week, at a three way stop, the other guy ran through his stop sign at an excessive rate of speed (police report), while I was making my turn, hitting me almost head-on, (thankfully I was not injured) and caused substantial damage to my 2019 SUV, KBB $32k. The initial estimate that I saw on my insurance website without speaking to my rep on Friday was only $20k. WTF? It looks like a total damage to me and I feel that I should get replacement value and shouldn't have to have that much repair done to a fairly new vehicle. I have GEICO, he has Allstate. Shouldn't the other guy's insurance step in and make good? Should I contact them? How does this work? Thanks.....
I have had a couple of accidents in the last 5 years or so with other drivers that are at fault. Firstly, I hope it is clear in the police report that they are at fault. One guy flat out lied to his insurance company about what happened and blamed me. The other guy didnt really have much chance to lie but I sent my video footage to the insurance company which helped speed things up. I wouldnt be surprised if the insurance company delays or denies without hard evidence of who is at fault.

Next, in both instances I didnt tell my insurance company anything and I still believe that was the better move. Those accidents are nowhere on my record which I am not sure would be the case if I filed a claim with my insurance company and I totally expected my insurance company would raise my premium if they spent one penny on the claim. I am not sure if you can withdraw your claim for now but I may call my insurance company to see if I can withdraw the claim so I can pursue the other company (may be too late for no impact though, I dont know).

What happens next, depends. Dont be afraid to do some negotiating or get a lawyer if it would actually benefit you. Im not sure getting a lawyer would make a difference here in NY/NJ, I think that depends on local laws.
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Old 01-21-2022, 11:47 AM
 
Location: Phoenix, AZ
6,341 posts, read 4,900,601 times
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Quote:
Originally Posted by RoyaleWithCheese View Post

Next, in both instances I didnt tell my insurance company anything and I still believe that was the better move. Those accidents are nowhere on my record which I am not sure would be the case if I filed a claim with my insurance company
That's not correct.

Insurance companies report homeowners and auto claims to CLUE (Comprehensive Loss Underwriting Exchange) and all insurance companies have access to it.

Even if you aren't surcharged for not-at-fault accidents your insurance company does know about them.
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Old 01-21-2022, 02:09 PM
 
2,612 posts, read 928,732 times
Reputation: 2008
Quote:
Originally Posted by adjusterjack View Post
That's not correct.

Insurance companies report homeowners and auto claims to CLUE (Comprehensive Loss Underwriting Exchange) and all insurance companies have access to it.

Even if you aren't surcharged for not-at-fault accidents your insurance company does know about them.
I recently ordered that report (or at least the one I am able to get for free, it was a lot of pages) and neither accident was on the report. I assumed that it was because I filed with the other person's insurance and never told my insurance company.

There were a couple of accidents there that I was at fault for (well 1 me, 1 my wife) and they were there since the other parties did go through my insurance.
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Old 01-21-2022, 06:27 PM
 
Location: Phoenix, AZ
6,341 posts, read 4,900,601 times
Reputation: 17999
Dunno.

Used to be the CLUE report was one or two pages and I could get it online instantly.

I recently ordered my report and it was 188 pages.
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Old 01-22-2022, 09:41 AM
 
2,612 posts, read 928,732 times
Reputation: 2008
Quote:
Originally Posted by adjusterjack View Post
Dunno.

Used to be the CLUE report was one or two pages and I could get it online instantly.

I recently ordered my report and it was 188 pages.
I have mine on my home computer, which I am at now. Mine is 98 pages. It has a lot of bs but the most important thing to me was the accidents that it doesnt have and the tickets that it doesnt have. I rear ended a lady in 2016 and my wife backed out of our garage into a baby sitters car in 2021, both there. I was rear ended in 2018 and in 2021, those accidents are nowhere to be seen. I could be wrong in my logic, its just my best guess based on whats there.

Tickets are less of an issue, last one I got was 2018 and thanks to coronavirus it is still pending.
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Old 01-22-2022, 10:09 AM
 
Location: Phoenix, AZ
6,341 posts, read 4,900,601 times
Reputation: 17999
I have been able to determine (unscientifically) that claims drop off the CLUE report after 7 years.

I will have to accept (also unscientifically) that claims not reported to one's own insurance company do not appear on the CLUE report.
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