Nissan Titan Forum - View Single Post - My '04 Titan is No More

MrHunter602 · 09-26-2007, 12:43 PM

Just remember that as great as everyone says they are, they are probably going to try to lowball you on the value of the vehicle. Its what all insurance companies do. You need to decide the "replacement" value of your vehicle. That includes the conidtion, mileage, new tires, accessories, etc, etc. I would start pulling ads from the AutoTrader and other sources of where vehicles are sold.

They are going to throw a # out to you and 99% of people that dont know any better just agree and sign the papers. This is where the negotiations start as far as Im concerned. You might have to meet in the middle, but make sure you are treated fairly. Make sure they pay for the time of your rental car till the time you settle as well.

Another major factor when dealing with a major collision like that, is to make sure that you dont have any injuries that could be ongoing. People come back months after an accident (and months after they settled with the insurance company) and claim they are having back or neck issues. Obviously this wasnt just a fender bender, so make sure that you are COMPLETELY ok before signing off on an injury settlement. They are really going to push you to settle right away to avoid any other fees being incurred or injuries coming up at a later time. And remember that an injury settlement and a physical property settlement are completely different and can be settled completely seperate of each other. Regardless of what the insurance company trys to tell you.

I have gone through this mess personally and have followed this path, so this is first hand experiance. It can get very frustrating but you need to stay with it and make sure you get what is truely owed to you. I also work for an auto finance company and have to deal with situations like this quite often.

And as a little known fact, because I have this issue over and over again every month, make sure to make your payments on the truck when they are due regardless of whether you are waiting for an insurance company to pay it off or of you are trading it in. The finance company doesnt have anything to do with your vehicle except for the fact that its collateral. Not paying and waiting could damage your credit report 30 days after your payment is past due. Anything that is paid over and above what you owe to the finance company will be returned to you via a check.

And on the last note, I am glad to hear that you are ok. Im glad you were in a Titan and not in a Honda Civic or we would be reading this in a different forum.

Good luck with everything and if you have any questions, feel free to ask. Ill help with what I can.

09-26-2007, 12:43 PM	#9 (permalink)
MrHunter602 Registered User iTrader: (0) Join Date: Jul 2007 Posts: 81 Thanks: 0 Thanked 0 Times in 0 Posts	Re: My '04 Titan is No More - Totalled Just remember that as great as everyone says they are, they are probably going to try to lowball you on the value of the vehicle. Its what all insurance companies do. You need to decide the "replacement" value of your vehicle. That includes the conidtion, mileage, new tires, accessories, etc, etc. I would start pulling ads from the AutoTrader and other sources of where vehicles are sold. They are going to throw a # out to you and 99% of people that dont know any better just agree and sign the papers. This is where the negotiations start as far as Im concerned. You might have to meet in the middle, but make sure you are treated fairly. Make sure they pay for the time of your rental car till the time you settle as well. Another major factor when dealing with a major collision like that, is to make sure that you dont have any injuries that could be ongoing. People come back months after an accident (and months after they settled with the insurance company) and claim they are having back or neck issues. Obviously this wasnt just a fender bender, so make sure that you are COMPLETELY ok before signing off on an injury settlement. They are really going to push you to settle right away to avoid any other fees being incurred or injuries coming up at a later time. And remember that an injury settlement and a physical property settlement are completely different and can be settled completely seperate of each other. Regardless of what the insurance company trys to tell you. I have gone through this mess personally and have followed this path, so this is first hand experiance. It can get very frustrating but you need to stay with it and make sure you get what is truely owed to you. I also work for an auto finance company and have to deal with situations like this quite often. And as a little known fact, because I have this issue over and over again every month, make sure to make your payments on the truck when they are due regardless of whether you are waiting for an insurance company to pay it off or of you are trading it in. The finance company doesnt have anything to do with your vehicle except for the fact that its collateral. Not paying and waiting could damage your credit report 30 days after your payment is past due. Anything that is paid over and above what you owe to the finance company will be returned to you via a check. And on the last note, I am glad to hear that you are ok. Im glad you were in a Titan and not in a Honda Civic or we would be reading this in a different forum. Good luck with everything and if you have any questions, feel free to ask. Ill help with what I can.