Totalled?

[weather man]

I have Geico, too. Hope I come out ok.
Another question: does the amount they give for your car take sales tax into account?

No, uncle sugar gets his.

 

[SnowMan]

Don't forget. Under Flori-duh law, you only have 14 days to seek (insurance reimbursable) medical treatment.

The Florida legislature’s changes in Personal Injury Protection (PIP) law due to take effect on January 1, 2013 were passed under the guise of preventing insurance fraud, but in reality hurt multiple non-insurance groups in Florida, including some medical providers and especially injured motorists. This new law is predicted to allow insurance companies to collect similar or higher rates while providing fewer benefits to policyholders. Florida requires each driver to carry at least $10,000 in PIP coverage, which allows a Florida motorist to receive medical benefits if involved in an accident, even if the accident is their fault.

As many are receiving exceptions to the law, the changes have a chilling effect of ripping benefits from policyholders and proving a windfall for insurance companies.
As part of the changes, individuals injured in car accidents will have only 14 days to seek initial treatment as opposed to the previous policy that placed no time limit on treatments. If treatment is sought after two weeks, nothing will be reimbursed by the insurance company. Further, policyholders may be eligible for only $2,500 in coverage, as opposed to the previous limit of $10,000. Only those with serious injuries are eligible for the higher limit, while those with less severe injuries will receive only up to $2,500. According to the Tampa Bay Times, patients will need certification by a medical doctor, osteopathic physician, dentist, physician assistant, or advanced registered nurse practitioner corroborating that the injury required immediate medical attention.

In addition to those injured, massage therapists and acupuncturists will no longer be allowed to treat patients under PIP. Even more worrisome to Florida citizens is that the law does not require insurance companies to notify policyholders that changes are forthcoming, effectively pulling coverage away from them without their knowledge or understanding. The new PIP law forces insurance companies to reduce their PIP rates by at least 25% by 2014, but they may petition the government to be excluded from these requirements. As many are receiving exceptions to the law, the changes have a chilling effect of ripping benefits from policyholders and proving a windfall for insurance companies. Since, according to the Bradenton Herald, PIP coverage only covers about 20 percent of a driver’s insurance bill, this bill (even if actually followed by insurance companies) would likely not decrease rates enough to offset the reductions in coverage Floridians are soon to experience.

The constitutionality of this new law will undoubtedly be challenged by multiple different groups. A coalition of Florida massage therapists, chiropractors, and acupuncturists have filed a lawsuit fighting the limits the new law puts on what types of medical professionals and procedures will be covered after an accident.

 

[DSargent09]

No, uncle sugar gets his.

Wrong. Mine did.

They came up with a figure then also accounted for tax. They basically try to see what it would take to put you back in the identical car that was totaled. Geico was fair to me and thats how they do it at least...

 

[weather man]

Wrong. Mine did.

They came up with a figure then also accounted for tax. They basically try to see what it would take to put you back in the identical car that was totaled. Geico was fair to me and thats how they do it at least...

I could see that on a replacement policy. Never had one of those.

 

[DSargent09]

It wasnt a replacement policy. Just full coverage. When they deemed the vehicle totaled to calculate what I was owed they had to find fair market value... Once sec Ill try and pull up my old claim info.

 

[DSargent09]

Copied directly from my claim on their site. It is like 15 pages long, and also shows all the cars they compaired it to. If anyone wants to see all of the doc just drop your email.


Local Market Value $ 26,525.00
___________
Pre-tax amount $ 26,525.00
Vehicular Sales Tax 6.25% + 1,657.81

License/fees (if applicable)
Title Fee + 33.00
___________
Value before deductible $ 28,215.81
DEDUCTIBLE - 510.00
___________
Adjusted vehicle valuation amount $ 27,705.81



Note deductible was because I was at fault.

 

[XJCasper]

Got rear-ended pretty good. I'm thinking it's totalled. What do you think?

Sent from my stinkin' iPhone using Tapatalk

Oh shit...

I fear this is me. Too many accidents this year. Got to a point I am scared to drive. Just pulled mine out of the body/paint shop. Pipes are so loud now, I think of Harleys. Straight pipes (almost)=I am heard.

Good to hear you are in one piece.

 

[avinaj80]

Man... Hope you are good! Make sure you get checked out correctly by the docs... I got rear ended 3 years ago and still feel the effects of it. I was not hit as hard as that though. Glad to see your car did it's job and died saving you. Hope you get a good chunk back to get a replacement. Take care.