Quote:
Originally Posted by street2soul
my car was rear-ended and the fault insurance adjuster refused to replace the bumper (which costs $1870), instead cuts me a check of $1099.
Also i filed for diminished value, they came up with the diminished value of $50!!!!!!
I refused to take that $50, now I do not know what to do.
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Insurance companies seem to think everyone is too poor to wait to get paid. It is a tactic that must serve them well but when I found out the $4,000 offer on my car was all they wanted to pay, I went out and bought my 370Z and told them I now have a car and you hold nothing over me.
The law in CA at least is they have one year to settle. I was not taking any of their offers and over three months, the offer had risen to $8K, then 12K. I had them call in a referee or umpire, I forget which. Finally we settled upon over $16K.
Hang in there and they will come around.