Totaled Lotus - Questions about insurance - LotusTalk

K2S · 01-16-2009, 03:53 PM

Edit:
Just got the check from the insurance company
2005 Ardent Red Lotus Elise
VIN: SCCPC11145HL222019

My Lotus was totaled(well I'm pretty sure it is) yesterday afternoon. No one was seriously injured. I will not go into any further detail, since the situation is a bit complicated.

My questions is, how do I negotiated with the insurance company on the value of the car. Do I go with the NADA price? Any tips? For those of you that have totaled a Elise, how much did you get, and how did you go about it?

Pictures...Enjoy

RacyTracy · 01-16-2009, 03:55 PM

Quote:

Originally Posted by K2S

Pictures...Enjoy

We never enjoy seeing that.....sorry.

K2S · 01-16-2009, 03:57 PM

I will post the VIN as soon as everything is taken care of

charliex · 01-16-2009, 03:57 PM

eek, yeah thats a rolling parts bin now

unfortunately there are a few threads knocking around talking about diminished values and what not.

K2S · 01-16-2009, 04:04 PM

sorry how do i delete a picture or edit it. There's a face in there, not sure if he's okay with being posted in a public forum

akandok · 01-16-2009, 04:05 PM

Can I have the lotus sign from the clam?

Glad no one got hurt.

K2S · 01-16-2009, 04:09 PM

Quote:

Originally Posted by akandok

Can I have the lotus sign from the clam?

Glad no one got hurt.

Thinking about keeping that as a souvenir

BTW: I may be in the market for a '06 Exige NYC area. Although after looking at the damage, it has me thinking what if a truck or SUV T-bones me, wouldn't it just go straight through the car, since there is no frame there. Not sure if that's possible and if so at what speed, never too physics.

charliex · 01-16-2009, 04:11 PM

Quote:

Originally Posted by K2S

sorry how do i delete a picture or edit it. There's a face in there, not sure if he's okay with being posted in a public forum

clicked edit, adavanced, manage images.

K2S · 01-16-2009, 04:37 PM

Quote:

Originally Posted by charliex

clicked edit, adavanced, manage images.

Thank You

Blacktan · 01-18-2009, 11:08 PM

OMG

you didn`t enjoy the s/c setup !!!!!

so sad ....

good luck with the insurance mate !

Bavarian Motorist · 01-18-2009, 11:16 PM

Hey, I just realized that Laser Blue car in the background is mine

I saw your ripped up clam the other day

Flash G · 01-18-2009, 11:42 PM

Wow. Definitely totalled. I'm going to go out on a limb and say snow was somehow involved?

.

lc_09 · 01-19-2009, 01:58 AM

ouch. sorry to hear about this. glad you came out of it okay.

my old car had less cosmetic damage than yours, and still the insurance company totaled it due to the fact that there was some suspension damage.

i don't know who your insurance company is, but in my case they had a pretty fair formula for determening the value of the car relative to my market. so, they actually gave me quite a bit more than what i owed.

so, i never felt the need to go into a negotiation stage. although, i've been told by a friend of a friend (who used to work for an insurance company) that i probably could gotten more if i had tried.

they have a range of what they can offer you as a settlement, and of course they always start by giving you the number at the low end of their range.

so, my layman advice is to not accept the first offer, even if it seems fair.

over40 · 01-19-2009, 09:33 AM

Quote:

Originally Posted by Bavarian Motorist

Hey, I just realized that Laser Blue car in the background is mine

I saw your ripped up clam the other day

Actually the ripped up clam to the left of the car in the first pic might be my bambified clam.

K2S · 01-19-2009, 10:01 AM

Quote:

Originally Posted by Bavarian Motorist

Hey, I just realized that Laser Blue car in the background is mine

I saw your ripped up clam the other day

Yup that is your car. your canards and zoom mirror are in BTW, Not a fan of the canards but the Larini and 5 elements looks amazing.

Yeah that's over40's clam, deer damage if i remember correctly.

Darkside Eng · 01-21-2009, 10:21 AM

Quote:

Originally Posted by RacyTracy

We never enjoy seeing that.....sorry.

Pictures are always a plus.

chapster5 · 01-22-2009, 02:14 PM

GAHHHH sorry to see that, glad no one was hurt!

K2S · 02-11-2009, 06:42 PM

added VIN, car should be only good for parts

chris heath · 02-11-2009, 07:00 PM

i see you got the check. did it work out ok?

K2S · 02-14-2009, 02:24 PM

Quote:

Originally Posted by chris heath

i see you got the check. did it work out ok?

Took a loss.

Well if i could find a CO Exige at the right price, then I wouldn't mind the loss. If not the I'll have a BWR SC for sale soon

01-16-2009, 03:53 PM	#1 (permalink)
K2S Registered User Join Date: Jul 2008 Location: Nassau/Queens Posts: 92	Totaled Lotus - Questions about insurance Edit: Just got the check from the insurance company 2005 Ardent Red Lotus Elise VIN: SCCPC11145HL222019 My Lotus was totaled(well I'm pretty sure it is) yesterday afternoon. No one was seriously injured. I will not go into any further detail, since the situation is a bit complicated. My questions is, how do I negotiated with the insurance company on the value of the car. Do I go with the NADA price? Any tips? For those of you that have totaled a Elise, how much did you get, and how did you go about it? Pictures...Enjoy Attached Images Last edited by K2S : 02-11-2009 at 06:04 PM. Reason: Added VIN

01-16-2009, 03:57 PM	#4 (permalink)
charliex OSX Black hat Join Date: Feb 2005 Location: Las Vegas , NV Posts: 9,935	eek, yeah thats a rolling parts bin now unfortunately there are a few threads knocking around talking about diminished values and what not. __________________ Black Exige S - http://goth.am 265 Mule / Elan M100.ECU Tuning, http://www.elisetalk.com/forums/showthread.php?t=39660 West Coast Lotus Meet - Las Vegas - November 6-9 2009 http://www.westcoastlotus.com/

01-16-2009, 04:05 PM	#6 (permalink)
akandok 2006 Lotus Elise Join Date: Jul 2007 Location: Sacramento, CA Posts: 1,808	Can I have the lotus sign from the clam? Glad no one got hurt. __________________ “The biggest cause of trouble in the world today is that the stupid people are so sure about things and the intelligent folks are so full of doubts.” Bertrand Russell John 3:16

01-18-2009, 11:08 PM	#10 (permalink)
Blacktan This is my 5th Lotus ... Join Date: Jul 2005 Location: Athens,GREECE Posts: 873	OMG you didn`t enjoy the s/c setup !!!!! so sad .... good luck with the insurance mate ! __________________ 2006 Fed Aspen White Elise LSS -SOLD- 2006 Fed Phantom Black Exige BWR/CharlieX tune 2006 Fed Storm Titanium Exige -SOLD- BMW E66 745i GREEKS do it better www.lotusclub.gr/forum

01-18-2009, 11:16 PM	#11 (permalink)
Bavarian Motorist Live to Drive Join Date: Nov 2006 Location: NYC/Westchester, NY Posts: 10,852	Hey, I just realized that Laser Blue car in the background is mine I saw your ripped up clam the other day __________________ Be an alpha male. Drive a Lotus.

01-16-2009, 03:57 PM	#3 (permalink)
K2S Registered User Join Date: Jul 2008 Location: Nassau/Queens Posts: 92	I will post the VIN as soon as everything is taken care of

01-16-2009, 04:04 PM	#5 (permalink)
K2S Registered User Join Date: Jul 2008 Location: Nassau/Queens Posts: 92	sorry how do i delete a picture or edit it. There's a face in there, not sure if he's okay with being posted in a public forum

01-18-2009, 11:42 PM	#12 (permalink)
Flash G Double Trouble Join Date: Sep 2005 Location: Hollywood Hills Posts: 3,178	Wow. Definitely totalled. I'm going to go out on a limb and say snow was somehow involved? . __________________ Turn your flatscreen TV into a work of art. Modern Art DVD \| Plasma Aquarium DVD \| Widescreen Fireplace DVD 11 Esprit??? (Wish List) 07 Exige S - Ardent Red, Stage II Exhaust, LSD, Touring pack 06 Range Rover Sport - Java Black 05 Elise - Ardent Red, Stage II Exhaust, Touring pack

01-19-2009, 01:58 AM	#13 (permalink)
lc_09 Tu Sei Tutta La Mia Vita! Join Date: Aug 2007 Location: Santa Monica, CA Posts: 503	ouch. sorry to hear about this. glad you came out of it okay. my old car had less cosmetic damage than yours, and still the insurance company totaled it due to the fact that there was some suspension damage. i don't know who your insurance company is, but in my case they had a pretty fair formula for determening the value of the car relative to my market. so, they actually gave me quite a bit more than what i owed. so, i never felt the need to go into a negotiation stage. although, i've been told by a friend of a friend (who used to work for an insurance company) that i probably could gotten more if i had tried. they have a range of what they can offer you as a settlement, and of course they always start by giving you the number at the low end of their range. so, my layman advice is to not accept the first offer, even if it seems fair. __________________ 2005 ST Elise Driver and Passenger Racing Harnesses • Stainless steel brake lines • Nitron Sport Coilovers • GUT rear spoiler • GUT front lip • Quicksilver Exhaust • PIAA Rims • Tinted Side Windows • Rear panel Delete • HID headlight upgrade • Black Diffuser • Alpine Deck (for now..will be adding JVC SatNav Deck) 2005 Ardent Red Lotus Elise • Touring Package- Stage II R.I.P.

01-22-2009, 02:14 PM	#17 (permalink)
chapster5 Photochopper Join Date: Jul 2007 Location: Merseyside, UK Posts: 2,639 Images: 6	GAHHHH sorry to see that, glad no one was hurt! __________________ http://www.chuforiagraphics.com/ FOR ALL YOUR GRAPHICS NEEDS CONTACT KEITH ON: sweetdaddydelicious (AT) hotmail (DOT) com

02-11-2009, 06:42 PM	#18 (permalink)
K2S Registered User Join Date: Jul 2008 Location: Nassau/Queens Posts: 92	added VIN, car should be only good for parts

02-11-2009, 07:00 PM	#19 (permalink)
chris heath cant wait 4 warm weather Join Date: Feb 2009 Location: Idaho Posts: 468	i see you got the check. did it work out ok?

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