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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Anyone have luck getting the other insurance company to give a decent payout?

I was in an accident that was 100% not my fault. My new, less than a year old car, had to have extensive repairs some of which will lower the value of the car. Once repairs are complete my plan is to trade the car in as I no longer feel safe in it and worry about the long term impact of a car that has has so much work done. I know when I trade it in they will know work has been done and this will impact the value of the car. So I am trying to get money through insurance. Wondering what I can expect. [/quote]

them to fight back, you don't have to agree. When you trade it in, will you buy new? My recent experiences are that they don't even look at the cars other than seeing them on the lot before valuing them. The question is will the accident be reported to car fax. You can find a shop that doesn't report[/quote]

I will buy new. I’ll need to see if it’s reported to carfax. I suspect it will and either way I’m sure the dealer will notice work has been done. Before the accident the car only had 10k miles and the work done was more than half the value of the car.  So I’m sure there is significant depreciation.

The other insurance company should be paying as I was not at fault. Still waiting for them to officially declare that, but police report says it wasn’t my fault and other driver admitted fault at the scene. [/quote]

Insurance will pay to "fix" your car, not for you to fully recover "value" of YOUR investment. Getting into an accident with new car is probably the worst thing that can happen from money standpoint. [/quote]

Cars are not investments.[/quote]

Thank you Einstein. [/quote]

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