Hail Claim Question, paging insurance guys!

[Twin_Cam_Turbo]

Situation: bought car last Friday, hail damage occurred Sunday. Car is a 1992 Miata. I have comprehensive insurance on it which should cover hail damage. My concern is that being a 1992 Miata they will likely try to write the car off. I have no interest in loseing the car, I love it and I feel like TD will offer me very little money for it if they decide to write it off.

Can I cancel a claim if I am unhappy with how it is going? Book value on a 1992 Miata can't be very much to insurance.

What would you do?

[KRyn]

Originally posted by Twin_Cam_Turbo
Situation: bought car last Friday, hail damage occurred Sunday. Car is a 1992 Miata. I have comprehensive insurance on it which should cover hail damage. My concern is that being a 1992 Miata they will likely try to write the car off. I have no interest in loseing the car, I love it and I feel like TD will offer me very little money for it if they decide to write it off.

Can I cancel a claim if I am unhappy with how it is going? Book value on a 1992 Miata can't be very much to insurance.

What would you do?

Take the payout (whatever it is) and keep the car as is? At which point drop comprehensive coverage (I don't think your insurance company will let you keep it) and pocket some more cash.

[mr2mike]

Comprehensive on a 22 yr old car?

[Twin_Cam_Turbo]

Originally posted by mr2mike
Comprehensive on a 22 yr old car?

Yeah I wanted theft since it's a soft top and super easy to break into.

[nzwasp]

Where were you when it hailed? I saw some smaller hail in the inner city but nothing to damage a car.

[Twin_Cam_Turbo]

Originally posted by nzwasp
Where were you when it hailed? I saw some smaller hail in the inner city but nothing to damage a car.

Langdon

[guessboi]

Originally posted by KRyn


Take the payout (whatever it is) and keep the car as is? At which point drop comprehensive coverage (I don't think your insurance company will let you keep it) and pocket some more cash.

+1
You can probably take a payout and keep the car.
I remember people saying TD won't allow you to keep comprehensive with existing hail damage.
Other companies would just add a "13H" hail exclusion to your NA.

[sidewaysD]

yikes..


pics of the damage?

Soft tops for first gens are cheap if its broken/torn/cracked by hail.

As for the body.. they dent very easy as the metal is so thin. But.... dents can be easily removed depending on damage.

[Twin_Cam_Turbo]

Soft top was undamaged it was all body work.

[pheoxs]

Take it to DNT dent repair on memorial and get them to give you a quote how much it'd be to fix it and see how it is relative to the cars value and go from there.

[G-ZUS]

Originally posted by pheoxs
Take it to DNT dent repair on memorial and get them to give you a quote how much it'd be to fix it and see how it is relative to the cars value and go from there.

Couple years ago I went there, they estimated nearly double what TD estimated the damage at

[bjstare]

Take the payout, remove comprehensive/theft, use some of the cash to buy a hardtop for it and don't worry as much about theft??

Plus, miatas are way less gay when they have a hardtop on them

[Twin_Cam_Turbo]

Originally posted by cjblair
Take the payout, remove comprehensive/theft, use some of the cash to buy a hardtop for it and don't worry as much about theft??

Plus, miatas are way less gay when they have a hardtop on them

I won't be buying a hard top, I drive it everyday with the roof down...

I guess I'll phone TD and see what they say.

[three.eighteen.]

I have a feeling what I just experienced with my late Integra applies. Someone hit my fender and door in a parking lot, cost of repair > cost of car. TD offered me two options:
a) Surrender the car, receive more money
b) Keep the car, still get a fair bit of money, but if you wanted the car back on the road it has to be certified in a manner similar to OOP.

[Masked Bandit]

You'll be able to get a cash settlement and still keep the comprehensive coverage on the vehicle. TD will just put a 13H endorsement with prevents you from ever claiming hail on that vehicle again (duh). If you choose to repair the hail damage with the cash settlement you can submit proof to TD and they will remove the 13H clause. If they don't allow that and you REALLY want to keep the comprehensive coverage just change companies. TD is usually pretty easy to beat these days.

[msommers]

Fuck TD anyways, those dicks were so expensive compared to what I have with Touchstone now, and better coverage to boot. I thought I was getting this great deal with my APEGGA discount until I started shopping around and they were right near the top.

[G-ZUS]

Originally posted by msommers
Fuck TD anyways, those dicks were so expensive compared to what I have with Touchstone now, and better coverage to boot. I thought I was getting this great deal with my APEGGA discount until I started shopping around and they were right near the top.

[guessboi]

Want to know which insurance company is doing well and which company is bleeding hard.
Check out the 2014 Statistical Issue
http://www.canadianunderwriter.ca/is...spx?sp=1&er=NA
Go to page 69.

TD Insurance lost $624,762,000 in 2013. Worst in the industry.

[A2VR6]

Originally posted by msommers
Fuck TD anyways, those dicks were so expensive compared to what I have with Touchstone now, and better coverage to boot. I thought I was getting this great deal with my APEGGA discount until I started shopping around and they were right near the top.

I wish this was the case with me Bill couldnt help me here with my policy.

[Masked Bandit]

Originally posted by A2VR6


I wish this was the case with me Bill couldnt help me here with my policy.

No system is perfect but we definitely win more than we lose.