b-summers
08-14-2009, 04:08 PM
So i recently hit someone the other day...there was a 3rd party at fault, but drove off, so I got blamed....lucky me.
ICBC says there's $9,962 worth of damages to my car, and will only give me $5,200 for it (97 honda civic ex....but it's got a full kit, custom paint job, rims, tires, you name it i have it) so def worth more than that. I found friends to fix it for Under $2,000 including parts and paint.
The guy i hit had virtually no damage to his car....possibly a few scratches on his crome bumper....but ford f150 vs my little car = he won hands down. I find out today that the guy is taking his car in for an estimate...so if he claims my insurance is going to go up $1500 this year alone....I was originally not going to claim anything on my insurance and fix the car myself, but now if i he claims his car my insurance goes up......so I've been trying to call him to see if i can make a cash settlement because like i said his car had like no damage, so i'd rather pay him if it's under the $1500 my insurance would go up.....but he seems to be avoiding me....
so i talked to icbc and they said if he claims, which he prolly will.....i can either write off the car (no chance in hell), or i can reclass my car as a rebuild....they'll give me the maximum amount to fix my car ($4,700 minus my deductable).....and i can get it fixed however i want. BUT i have to take it back to them and it has to pass an ICBC inpection.......so does anyone know what this icbc inpection intails....i was just going to leave some stuff on my car the way it was....like the fender on the side has a few paint scratches on it....but if it has to pass inpection now, does that mean the car has to be put into the same condition it was before the accident...aka i now have to buy a new fender and repaint it......and also...what does it mean to class my car as a rebuild???? I dont ever plan on selling my car...I'm goona drive it til it dies.....but does that make the value of my car go down if i (god forbid) ever get into another accident?? or if i did get in another accident, would they not let me fix it again because it's already a rebuild???
I'm just not sure what to do...i know i dont want to write it off....i just don't know if i should pay out of my own pocket to fix the car....or change the title to rebuild, and have them give me money to fix it......plus it depends if this dude is goona claim it....ugh....im going to move somewhere that doesn't have ICBC
ICBC says there's $9,962 worth of damages to my car, and will only give me $5,200 for it (97 honda civic ex....but it's got a full kit, custom paint job, rims, tires, you name it i have it) so def worth more than that. I found friends to fix it for Under $2,000 including parts and paint.
The guy i hit had virtually no damage to his car....possibly a few scratches on his crome bumper....but ford f150 vs my little car = he won hands down. I find out today that the guy is taking his car in for an estimate...so if he claims my insurance is going to go up $1500 this year alone....I was originally not going to claim anything on my insurance and fix the car myself, but now if i he claims his car my insurance goes up......so I've been trying to call him to see if i can make a cash settlement because like i said his car had like no damage, so i'd rather pay him if it's under the $1500 my insurance would go up.....but he seems to be avoiding me....
so i talked to icbc and they said if he claims, which he prolly will.....i can either write off the car (no chance in hell), or i can reclass my car as a rebuild....they'll give me the maximum amount to fix my car ($4,700 minus my deductable).....and i can get it fixed however i want. BUT i have to take it back to them and it has to pass an ICBC inpection.......so does anyone know what this icbc inpection intails....i was just going to leave some stuff on my car the way it was....like the fender on the side has a few paint scratches on it....but if it has to pass inpection now, does that mean the car has to be put into the same condition it was before the accident...aka i now have to buy a new fender and repaint it......and also...what does it mean to class my car as a rebuild???? I dont ever plan on selling my car...I'm goona drive it til it dies.....but does that make the value of my car go down if i (god forbid) ever get into another accident?? or if i did get in another accident, would they not let me fix it again because it's already a rebuild???
I'm just not sure what to do...i know i dont want to write it off....i just don't know if i should pay out of my own pocket to fix the car....or change the title to rebuild, and have them give me money to fix it......plus it depends if this dude is goona claim it....ugh....im going to move somewhere that doesn't have ICBC