I think my sho is dead

[XtremeSHOCreations]

well guys my 93 ford taurus sho is dead (I think)
if you guys know what happen to my sho it catch of fire last tuesday and the insurance call me last night and told my mom that they was goin to tolded out my sho and im wornding if i call the insurance company back to see if i can keep the car and send my check for $3,495

do you guys think i can get my taurus sho back from the insurance bc i need to know

<small>[ December 12, 2002, 06:25 AM: Message edited by: XtremeSHOCreations ]</small>

 

[Chrisssssssss]

Ask.

 

[XtremeSHOCreations]

do you think i will be able to get it back if i ask?

 

[projectSHO89]

Sure, you can keep it. You will, of course, have to pay them for it.

Expect to pay up to 1/4 of the payout back to them. Offer them $400 for the car and see if the adjuster will bite or make a counter offer.

If you do get it back, be prepared for either a salvage title or, at a minimum, their declining to offer full coverage on the car again.

Steve

 

[XtremeSHOCreations]

well only reason it was on full covers is bc i had a loan on my sho

 

[LI_SHO]

projectSHO89:
Sure, you can keep it. You will, of course, have to pay them for it.

Expect to pay up to 1/4 of the payout back to them. Offer them $400 for the car and see if the adjuster will bite or make a counter offer.

If you do get it back, be prepared for either a salvage title or, at a minimum, their declining to offer full coverage on the car again.

Steve

Not all insurance companies are like that. I totaled my 94 and they just let me keep the car...sure if i ever register it again it will have a salvage title. Also, I am rebuilding it...so once I'm done putting things back together I have to take it to someone to have it certified (certified roadworthy again).

 

[XtremeSHOCreations]

so should i call them back to see what i can get and keep bc i want to keep my 93 sho atx

 

[n2ojunkie]

My Sho was totaled back in 96 just a small fire under the hood and I bought it back from the ins. They gave me I think $5500 and I had to pay I think $300 to keep it. Sence the car never changed hands I kept the title and when I fixed it and put it back on the road it never showed up on the title. They should give you a price if you say you want to keep it. I thought it was 10% but I could be wrone. I also had my mustang stolen and I bought that back also so I could have the $ figures mixed up.

 

[93nighthawk]

When my '93 Tempo was totaled by a deer, my Father-in-law bought it from the insurance company for $200 when the adjuster came out and decided to total it and I said I did not want it.(of coarse it was sitting at his repair shop.)

Ask them, the worse thing they can say is no.

Eric

 

[Yamaha V6]

If you have a loan on the car, then you have a lien on it, and the insurance co. pays the lienholder first. Period.

You can ask for the salvage buy-back value, you can try to negotiate a price, but I think you're probably looking at $500-$1000 for the buyback (at a total guess).

Sounds like a case of "Let it go.."

 

[GEN1SHO]

My 1990 SHO was recently totaled and I bought it back for $400. The $400 was deducted from my settlement payout.