04-18-2019 | #11 |
Join Date: Nov 2010
Location: Omaha
Posts: 403
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Re: Insurance help/strategy needed please.... got tagged
Bill, a few other suggestions for shops are Stuarts and New Concepts. Both got really great feedback from other Vette owners I know. The one caveat was that while Stuarts is probably the best around, they do take their time to do it right.
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Evan
2024 Z06 SOLD - 1991 Admiral Blue ZR-1 SOLD - 2012 Carlisle Blue Metallic ZR1 - 800HP SOLD - Steel Blue 91 391cid ZR-1 #391 SOLD - Black 91 ZR-1 |
04-18-2019 | #12 |
Join Date: Nov 2007
Location: Squires (near Ava MO in the Mark Twain N'tl Forest) - Missouri
Posts: 6,493
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Re: Insurance help/strategy needed please.... got tagged
Been there. Done that. PM me.
Edit: Hood, bumper, frame straightening, windshield, painted...<$5k! Looks better n ever!
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Good carz, good food, good friendz = the best of timez! 90 #1202 "FBI" top end ported & relieved Cam timing by "Pete the Greek" Sans secondaries Chip & dyno tuning by Haibeck Automotive SW headers, X-pipe, MF muffs Former Secretary, ZR-1 Net Registry Last edited by Paul Workman; 04-18-2019 at 12:35 PM. |
04-18-2019 | #13 |
Join Date: Nov 2016
Location: Southlake, TX
Posts: 590
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Re: Insurance help/strategy needed please.... got tagged
Paul, Check your PM. I'd like to talk to you about your experience, especially with the frame situation. I have some frame "mooshing" that will require a straightening.
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Bill Schroeder Texas Proud! 1991 Corvette ZR1 #1388 2015 Challenger Scat Pack Shaker |
04-18-2019 | #14 |
Join Date: Nov 2016
Location: Tx
Posts: 101
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Re: Insurance help/strategy needed please.... got tagged
Www.zr1windshied.com. These guys helped me out with a windshield
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04-18-2019 | #15 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,193
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Re: Insurance help/strategy needed please.... got tagged
I am actually a Claims Director and have been in insurance claims for 25 years, one of my teams processes 48K total losses a year and TX is one of our largest states, if you have any questions please let me know.
Lee LGAFF
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 |
04-18-2019 | #16 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,193
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Re: Insurance help/strategy needed please.... got tagged
1) How does insurance companies estable the value of our classic cars?
Value is established using a company that specializes in vehicle valuations, either CCC or Mitchell. The valuation process used is consistent throughout the industry and CCC does about 70% of all carriers, they use actual vehicles for sale in your area to establish the value... adjustments in the range of the search can be made due to the rarity of the car and lack of comparables. The method used is approved by the State of TX **Get an agreed value policy and you wont have to worry! 2) How does and insurance company take into account the recent (I have all receipts) work done on upgrades? You submit the receipts to the insurance/ valuation company and they make adjustments, basic necessities may not add value as most comparables are dealer comps which are refurbished.... 3) What determines criteria for "condition?" This car has 80k but looks every bit of 20k. It is (was anyway) in remarkable condition as I got it from the original owner. The car is conditioned by each component Excellent, very good, good, and fair...terms may different but here is the conditioning guide https://www.cccis.com/wp-content/upl...ing-Matrix.pdf 4) If "totalled" how does the "buy back" process work and how is a price established? Copart/IAA are the largest salvage vendors they can give an instant salvage value called proquote and it can be bought back for that amount. They may also run it through take the high big and offer it to you for that anount 5) If totalled and bought, can I avoid a salvage title- I own the car free and clear? The insurance company will have to notify the state : https://www.dmv.org/tx-texas/salvaged-vehicles.php
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 Last edited by LGAFF; 04-18-2019 at 11:51 PM. |
04-18-2019 | #17 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,193
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Re: Insurance help/strategy needed please.... got tagged
I don't think the car is a total based on the pics push them to repair as many parts as possible vs throwing on new. do the doors close, etc?
If the car is drivable, no airbag deployment, and no leaking fluids its probably a fixer
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 Last edited by LGAFF; 04-18-2019 at 11:34 PM. |
04-18-2019 | #18 |
Join Date: May 2007
Location: Peoria, AZ
Posts: 9,155
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Re: Insurance help/strategy needed please.... got tagged
First Damn I know you have done a lot to get her running the way you wanted.
As others has stated really not that bad and the good news nothing “ZR-1 only” specific was damaged. Did the airbag deploy? You did not mention that. I would get the estimates and go from there. GC
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GOLDCYLON - 91 ZR-1 #2014 GOLDCYLON - 90 ZR-1 #2794, 4L60e (Formerly Schrade's) GOLDCYLON - 11 CTS-V Arizona State Director 91 WHITE/BLACK #2014. 380 P&P&PCed,Ported Heads, Jeal Long tubes, Corsa Exhaust/FIKSE FM-5s /LED TLs, LED Headlights, Front Wilwood 6 piston narrowlite calipers and rear Wilwood caliper street shop mod,CNCed Coolant Pipes,TPI Cvr,Filter cover,Stainless Bolts, DRM/DOM PROM /ZFDOC mod build #102,DRLs,BMAD with stainless Debris Screen,Coplan Air Blaster, Pioneer APP Radio 4,Brey-Krause HB,Sub Bar,Fire extinguisher seat mount,DRM Coilovers,LEDs everywhere,Compass mirror (orange),V1 DIC hidden display, Homelink sun visor, Carbon Fiber top x3 and APSIS Carbon Fiber interior, APSIS CF Steering Wheel/NAPA Leather, Banski trailing arms, Guldstrand front suspension,urethane bushings from Prothane (total suspension) ZFDoc drive shaft safety loop, raptor shift light (orange),AO engineering louver front plate, Console seat cushion, 96CE seats with black custom Sheepskins, ss billet catch can,Viper remote entry/alarm,Cragar Rear Louvers,LED side louver lights, Dewitts Radiator with SPAL fans and a Woods 160 T-Stat 90 RED/BLACK #2794. 4L60e Automatic Stage V by RPM Transmission, TCI Dedicated TCM, OBX Stainless Headers, Corsa Exhaust, SAN Secondaries and Haibeck PROM, Exotic Muscle Coil overs, LED Interior Lights, LED Tail Lights, LED Headlights, 94 Sport seats with black custom Sheepskins , Cragar rear louvers, GS Front calipers, Banski Trailing arms, APSIS Carbon Fiber steering wheel, Front and Rear Baer Eradispeeds, DRLs, Guldstrand front suspension,urethane bushings from Prothane (total suspension), Dewitt's Raditor with Dual SPAL fans and a Haibeck 170 T-Stat 11 RED/GREY CTS-V |
04-18-2019 | #19 |
Join Date: Mar 2007
Location: Crystal Lake, IL
Posts: 7,193
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Re: Insurance help/strategy needed please.... got tagged
Rare cars can drive interesting values, from what I see the ZR-1s in the market are generally priced well over the sale price, most in the mid to high 20s on line. 5-6 years ago I bought an AMG C32 with 100K miles to daily drive. I paid $8K for the car. Last year I was rear ended at 35MPH pushing the back end of the car in 8"s folding the rear quarters Because of the rarity of the car they ran a countrywide search..... even though I now had 148K miles I got $8900 for the value.
Feast or famine with rare cars
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LGAFF 90 #966-150K miles-sold 92 #234-sold 1987 Callaway TT #17 1991 ZR-1 #1359 |
04-19-2019 | #20 | |
Join Date: Dec 2007
Location: Fremont,Ca
Posts: 3,072
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Re: Insurance help/strategy needed please.... got tagged
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