Re: [MBZ] appraiser?
Just following up on this. After the appraisers put their heads together, the payout was over 14k. It was a really nice example with under 100k. Anyway about double the original offer. On Tue, Oct 5, 2021, 12:51 PM Randy Bennell via Mercedes < mercedes@okiebenz.com> wrote: > So what happened? Have they decided the accident was your fault? > > Randy > > > On 05/10/2021 2:09 PM, Karl Wittnebel via Mercedes wrote: > > So I expect them to total the car and raise my insurance rates, > > > ___ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] appraiser?
A common car is easy to total, a “rare” car is not. When the E300D got smacked USAA could not find a local enough comparable, and had to do a nationwide search. In 2013 there fewer than four examples to be had and the lowest was $9800. Clay inter urinas et faeces nascimur > On Oct 5, 2021, at 11:09 AM, Karl Wittnebel via Mercedes > wrote: > > It works like this: > > Usaa uses an outfit called CCC to appraise the cars. CCC know nothing about > 25yo Mercedes values. They literally google the car and find some similar > ones listed for sale, then use these as the basis for their comps. > > If the repair approaches the CCC number, or a certain percentage of it, > they seem the car a total loss and Copart starts calling you to get you to > release the vehicle from your body shop. Of course this is irritating if > you feel you are being lowballed. > > The comps are supposed to be within 90 days. They do not provide details of > the cars condition or mileage. They are supposed to be as close to the > damaged car geographically as possible. In my case the comps provided were > in Minnesota, Atlanta and I forget the third. One of them was actually an > e320, if that gives any indication of the knowledge of CCC appraisers or > their attention to detail. > > USAA decides based on this whether to total the car out. If the owner > disagrees, the owner can place several useless calls over several weeks to > USAA telling them that they disagree, and emailing a bunch of comps that > reflect the true value of the car. All of this is likely to be pointless > however, as USAA has ballooned from about 500k members 5 years ago to over > 12 million today, and they are simply unable to hire and train people fast > enough to do the phone jobs. This was a result of the Board deciding to > open membership to anyone with an honorable discharge. > > After about six calls to different people without any type of response, the > body shop racks up over 6k in storage fees and you can start to use that as > a lever to get someone on the phone who knows how to tackle the situation. > > The policies say in writing that USAA can get an independent appraiser and > you can get an I dependent appraiser and those two people try to get > together on a value for the car. If they cannot, it goes to a mutually > agreed "umpire", but according to the appraiser I just hired, this happens > less than 1% of the time and usually they just agree. > > Now, if the agreed appraisal value is substantially more than the estimated > repair, they may consider repairing it rather than deeming it a total loss. > But it would have to be many thousands higher for them to consider that. > > So I expect them to total the car and raise my insurance rates, except I > will probably just drop collision anyway as it is too expensive compared to > the value of what I typically drive and I am starting to view it all as a > total scam, kind of like health insurance. But I digress. Again. > > ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] appraiser?
So what happened? Have they decided the accident was your fault? Randy On 05/10/2021 2:09 PM, Karl Wittnebel via Mercedes wrote: So I expect them to total the car and raise my insurance rates, ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] appraiser?
Argument condensed to an acceptable end result: Hire a law firm to negotiate your position, present real appraisals, and argue with the insurance company. The law firm will tack on their fees to the "proposed settlement figure" with the Insurance company. [presuming law firm prevails, be prepared to eat their fees personally] The law firm will file court documents that take it to a Judge, where the Judge will be presented YOUR appraisals which could include, for example, comparable vehicles sold on BAT, to establish fair market value. Hagerty has a quite knowledgeable appraisal staff, since they insure speciality vehicles. Insurance companies are well versed on how to "bend you over the back fence" to your disadvantage. Engaging your chosen lawyer to speak for you takes it up a notch in your favor [in my personal experience] If you were injured in the damage, the lawyer will incorporate that in the overall arguments also. Good Luck ! On Tue, Oct 5, 2021 at 12:10 PM Karl Wittnebel via Mercedes < mercedes@okiebenz.com> wrote: > It works like this: > > Usaa uses an outfit called CCC to appraise the cars. CCC know nothing about > 25yo Mercedes values. They literally google the car and find some similar > ones listed for sale, then use these as the basis for their comps. > > If the repair approaches the CCC number, or a certain percentage of it, > they seem the car a total loss and Copart starts calling you to get you to > release the vehicle from your body shop. Of course this is irritating if > you feel you are being lowballed. > > The comps are supposed to be within 90 days. They do not provide details of > the cars condition or mileage. They are supposed to be as close to the > damaged car geographically as possible. In my case the comps provided were > in Minnesota, Atlanta and I forget the third. One of them was actually an > e320, if that gives any indication of the knowledge of CCC appraisers or > their attention to detail. > > USAA decides based on this whether to total the car out. If the owner > disagrees, the owner can place several useless calls over several weeks to > USAA telling them that they disagree, and emailing a bunch of comps that > reflect the true value of the car. All of this is likely to be pointless > however, as USAA has ballooned from about 500k members 5 years ago to over > 12 million today, and they are simply unable to hire and train people fast > enough to do the phone jobs. This was a result of the Board deciding to > open membership to anyone with an honorable discharge. > > After about six calls to different people without any type of response, the > body shop racks up over 6k in storage fees and you can start to use that as > a lever to get someone on the phone who knows how to tackle the situation. > > The policies say in writing that USAA can get an independent appraiser and > you can get an I dependent appraiser and those two people try to get > together on a value for the car. If they cannot, it goes to a mutually > agreed "umpire", but according to the appraiser I just hired, this happens > less than 1% of the time and usually they just agree. > > Now, if the agreed appraisal value is substantially more than the estimated > repair, they may consider repairing it rather than deeming it a total loss. > But it would have to be many thousands higher for them to consider that. > > So I expect them to total the car and raise my insurance rates, except I > will probably just drop collision anyway as it is too expensive compared to > the value of what I typically drive and I am starting to view it all as a > total scam, kind of like health insurance. But I digress. Again. > > > > > > > > > > On Tue, Oct 5, 2021, 9:19 AM Jim Cathey wrote: > > > > USAA is lowballing me, as expected, > > > > I must say that they did not do this when they evaluated > > my Dodge truck. 20yo, and still assessed at $20k. Of course, > > as a low-miles unicorn it would be hard to replace even at > > that price. > > > > One assessor I dealt with in the past noted that he was expecting > > a shitheap, but that the condition of my car's interior, especially > > the carpets, made a big difference. My takeaway was to > > wash and detail the damaged vehicle before ever letting > > the assessor see it. > > > > Just like when selling real estate, the observer SHOULD be able > > to look past transients, like dirt from the wreck and muddy tracks > > on the floor from towing it out, but they don't. > > > > -- Jim > > > > > ___ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] appraiser?
It works like this: Usaa uses an outfit called CCC to appraise the cars. CCC know nothing about 25yo Mercedes values. They literally google the car and find some similar ones listed for sale, then use these as the basis for their comps. If the repair approaches the CCC number, or a certain percentage of it, they seem the car a total loss and Copart starts calling you to get you to release the vehicle from your body shop. Of course this is irritating if you feel you are being lowballed. The comps are supposed to be within 90 days. They do not provide details of the cars condition or mileage. They are supposed to be as close to the damaged car geographically as possible. In my case the comps provided were in Minnesota, Atlanta and I forget the third. One of them was actually an e320, if that gives any indication of the knowledge of CCC appraisers or their attention to detail. USAA decides based on this whether to total the car out. If the owner disagrees, the owner can place several useless calls over several weeks to USAA telling them that they disagree, and emailing a bunch of comps that reflect the true value of the car. All of this is likely to be pointless however, as USAA has ballooned from about 500k members 5 years ago to over 12 million today, and they are simply unable to hire and train people fast enough to do the phone jobs. This was a result of the Board deciding to open membership to anyone with an honorable discharge. After about six calls to different people without any type of response, the body shop racks up over 6k in storage fees and you can start to use that as a lever to get someone on the phone who knows how to tackle the situation. The policies say in writing that USAA can get an independent appraiser and you can get an I dependent appraiser and those two people try to get together on a value for the car. If they cannot, it goes to a mutually agreed "umpire", but according to the appraiser I just hired, this happens less than 1% of the time and usually they just agree. Now, if the agreed appraisal value is substantially more than the estimated repair, they may consider repairing it rather than deeming it a total loss. But it would have to be many thousands higher for them to consider that. So I expect them to total the car and raise my insurance rates, except I will probably just drop collision anyway as it is too expensive compared to the value of what I typically drive and I am starting to view it all as a total scam, kind of like health insurance. But I digress. Again. On Tue, Oct 5, 2021, 9:19 AM Jim Cathey wrote: > > USAA is lowballing me, as expected, > > I must say that they did not do this when they evaluated > my Dodge truck. 20yo, and still assessed at $20k. Of course, > as a low-miles unicorn it would be hard to replace even at > that price. > > One assessor I dealt with in the past noted that he was expecting > a shitheap, but that the condition of my car's interior, especially > the carpets, made a big difference. My takeaway was to > wash and detail the damaged vehicle before ever letting > the assessor see it. > > Just like when selling real estate, the observer SHOULD be able > to look past transients, like dirt from the wreck and muddy tracks > on the floor from towing it out, but they don't. > > -- Jim > > ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] appraiser?
> USAA is lowballing me, as expected, I must say that they did not do this when they evaluated my Dodge truck. 20yo, and still assessed at $20k. Of course, as a low-miles unicorn it would be hard to replace even at that price. One assessor I dealt with in the past noted that he was expecting a shitheap, but that the condition of my car's interior, especially the carpets, made a big difference. My takeaway was to wash and detail the damaged vehicle before ever letting the assessor see it. Just like when selling real estate, the observer SHOULD be able to look past transients, like dirt from the wreck and muddy tracks on the floor from towing it out, but they don't. -- Jim ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] appraiser?
Go to your bank or credit union and ask their loan people if they can provide the value information from the NADA “Classic Cars” or “Black Book”. -D > On Oct 5, 2021, at 9:07 AM, Andrew Strasfogel via Mercedes > wrote: > > How about Kelly Blue Book - does that help? Be sure to adjust for and > include receipts spent, condition, photos pre-wreck, BAT comparable sales, > ebay completed auctions. > >> On Tue, Oct 5, 2021 at 10:58 AM Allan Streib via Mercedes < >> mercedes@okiebenz.com> wrote: >> >> Don't know much about appraisers, I will need one at some point also for >> my Ghia. >> >> I had a discussion with my agent about this, unfortunately the time to get >> the car appraised and an agreed value established with the insurance >> company is before you have a claim. Especially if your car is old enough >> that there is no real "market value" or if your car is in exceptional >> condition compared to the "average." >> >> >>> On Tue, Oct 5, 2021, at 10:45 AM, Karl Wittnebel via Mercedes wrote: >>> Hi All, >>> >>> I need an independent appraiser to assess my e420. It got smashed and >> USAA >>> is lowballing me, as expected, so I am contesting the value. I already >> sent >>> them comps for 15,500, 19,000 and 38,000, but apparently that is not good >>> enough. They are at 8,000. >>> >>> If anyone knows a good appraiser that works in California, please let me >>> know. Maybe I will call Hagerty's or something. >>> >>> Thank You, >>> Karl >>> ___ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >>> >> ___ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> > ___ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] appraiser?
How about Kelly Blue Book - does that help? Be sure to adjust for and include receipts spent, condition, photos pre-wreck, BAT comparable sales, ebay completed auctions. On Tue, Oct 5, 2021 at 10:58 AM Allan Streib via Mercedes < mercedes@okiebenz.com> wrote: > Don't know much about appraisers, I will need one at some point also for > my Ghia. > > I had a discussion with my agent about this, unfortunately the time to get > the car appraised and an agreed value established with the insurance > company is before you have a claim. Especially if your car is old enough > that there is no real "market value" or if your car is in exceptional > condition compared to the "average." > > > On Tue, Oct 5, 2021, at 10:45 AM, Karl Wittnebel via Mercedes wrote: > > Hi All, > > > > I need an independent appraiser to assess my e420. It got smashed and > USAA > > is lowballing me, as expected, so I am contesting the value. I already > sent > > them comps for 15,500, 19,000 and 38,000, but apparently that is not good > > enough. They are at 8,000. > > > > If anyone knows a good appraiser that works in California, please let me > > know. Maybe I will call Hagerty's or something. > > > > Thank You, > > Karl > > ___ > > http://www.okiebenz.com > > > > To search list archives http://www.okiebenz.com/archive/ > > > > To Unsubscribe or change delivery options go to: > > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > > > ___ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] appraiser?
Don't know much about appraisers, I will need one at some point also for my Ghia. I had a discussion with my agent about this, unfortunately the time to get the car appraised and an agreed value established with the insurance company is before you have a claim. Especially if your car is old enough that there is no real "market value" or if your car is in exceptional condition compared to the "average." On Tue, Oct 5, 2021, at 10:45 AM, Karl Wittnebel via Mercedes wrote: > Hi All, > > I need an independent appraiser to assess my e420. It got smashed and USAA > is lowballing me, as expected, so I am contesting the value. I already sent > them comps for 15,500, 19,000 and 38,000, but apparently that is not good > enough. They are at 8,000. > > If anyone knows a good appraiser that works in California, please let me > know. Maybe I will call Hagerty's or something. > > Thank You, > Karl > ___ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
[MBZ] appraiser?
Hi All, I need an independent appraiser to assess my e420. It got smashed and USAA is lowballing me, as expected, so I am contesting the value. I already sent them comps for 15,500, 19,000 and 38,000, but apparently that is not good enough. They are at 8,000. If anyone knows a good appraiser that works in California, please let me know. Maybe I will call Hagerty's or something. Thank You, Karl ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
