kleverone needs insurance advice HELP!!!!

Hey guys, as many of you know my cherished 1963 impala convertible( Photos ) was stolen in March. Well the insurance company has made me an offer of 22 thousand. The car is worth about 10 grand more www.nadaguides.com...


Should I take the offer or hold out for a few grand more?

I have been looking for them online and can't find one for less than 30K and some are going for as much as 125K. Should I hold out for more since I can pretty much show that this is too low or would I be wasting my time?

Thanks in advance for all the advice!!!!

Hi there. I work in the insurance industry and my advice to you is to refuse the offer, gather evidence of realistic replacement costs (on a like-for-like basis) and present this to them. What you have to remember is that you do not have to agree or accept any offer until you feel you have a fair settlement offer from them....... and hold your ground.

Thank you for that insight, it is greatly appreciated.

Hey guys, as many of you know my cherished 1963 impala convertible( Photos ) was stolen in March.

That's not good.

I would agree... hold out on insurance. Those companies are weird. I got into a minor accident in feb and it was the other drivers fault.. My insurance company low balled me on the damage estimate. The perpetrator's insurance company actually gave me a better estimate.

Most forms of insurance are a ripoff... it's a very profitable business. I wouldn't feel bad about holding out on your insurance company.

Hey Guys, I just wanted to say thanks for all of the advice, I did hold out and ended up getting $3000 more than they had originally offered.


Thanks again for all the great advice. It paid off!!! Literally!!