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Cadillac Forums: Wonder what the insurance outcome will be
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Old 02-01-07, 06:30 PM
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Wonder what the insurance outcome will be

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Sadly, I damaged my black cat last night.

Coming around a sharp bend, I got on gravel and the car slid out and I neatly dragged it along the crash barrier.

Damage looks like;

Front Bumper
Front Light
Damaged Hood
Front Fender
Front tyre
2 x chrome wheels
paintwork on both drivers side doors
Rear wheel arch damage
Rear Bumper

Additional dashboard illumination as a result.

It's a 99, with 94k on the clock. Great condition in other regards, and I have a $1,000 deductible.

Just wondering if the above will be considerable in monetary terms or if repair as opposed to not repair by insurance company is a given.

The only small compensation is I'm borrowing the boy's STI, now that is fun to drive.
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Old 02-02-07, 12:49 AM
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Re: Wonder what the insurance outcome will be

Quote:
Originally Posted by BlckCat View Post
Sadly, I damaged my black cat last night.

Coming around a sharp bend, I got on gravel and the car slid out and I neatly dragged it along the crash barrier.

Damage looks like;

Front Bumper
Front Light
Damaged Hood
Front Fender
Front tyre
2 x chrome wheels
paintwork on both drivers side doors
Rear wheel arch damage
Rear Bumper

Additional dashboard illumination as a result.

It's a 99, with 94k on the clock. Great condition in other regards, and I have a $1,000 deductible.

Just wondering if the above will be considerable in monetary terms or if repair as opposed to not repair by insurance company is a given.

The only small compensation is I'm borrowing the boy's STI, now that is fun to drive.
Am very sorry to learn of your misfortune. One good thing: you made it but your Cat did not. That's better than the other way around.

It sounds like a great car and '99 was a special year. Your attachment to the car would be understandable by everyone here and well justified.

That said, facts must be faced and emotions set aside. The car was getting up there in miles. Undamaged '99 (and other) Cats sell for a song. The cost of quality repair in this case easily could approach or exceed the value of the car. So please take your time and be really thoughtful about your next step. Investigate before you invest. Weigh carefully the possible impact of an insurance claim against your future cost for insurance.

Also, we are at the time of year when Cat prices are at their nadir. Make your move on a new Cat before spring and you likely will score a great car for the least expense possible. Try to snag a lower mileage Cat if you can.

Good luck!
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Old 02-06-07, 06:47 AM
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Re: Wonder what the insurance outcome will be

Guardian,

You make some very valid points!

To some degree, my thoughts have been overtaken by events, the adjustor left me a voicemail saying the car is a total loss.

I haven't spoken to him yet, I will this morning, but in MA it looks like the calculation will be a replacement value according to retail in the area, the price I paid, and condition prior to accident.

Since the condition was looking great, and the average retail value is in excess of around $6k here, I am keeping my fingers crossed for a reasonable outcome, yes I know, what it could be picked up for privately differs, but collectively say an insurance prayer for me!!

M.
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