NEED ADVISE: Vehicle/Engine submerged in flood water [MERGED]

[oj88]

To me, insurance is a financial blessing. For a daily car and driving through Metro Manila from north to south and back, it's a statistical certainty that something is bound to happen sooner or later. True enough, I've had made claims twice in two years totaling roughly 130k gross. The premium I've shelled out is around 25k a year. Do the math and that 80k net the insurance paid me is a win.

[niky]

Thats true...

Specially if the premium is relatively low.

I guess those MB or the like owners with P300K annual premium also thinks it's a safety net of some kind.

But then again, being comfortable is relative.

Considering flood damage repair on one of those high end cars can easily exceed P750k... then it's worth it.

[ehnriko]

If you look at it in that perspective - definitely - having an insurance is bliss.


On a technical perspective.

Insurance is considered a PASSIVE Security system.

Advantages: you have already mentioned.
You are more relaxed driving.

Disadvantages:

1. You tend to put your guards down when driving and your blinders up;
2. This increases the chances of encountering fender benders compared to that of who is driving more alert and defensively because they can't afford passive security;
3. The downtime incurred by the hassles obtained from fender benders and the like including the protocols of insurance claims translates to PRODUCTIVITY LOST.

If you're time is worth more than P5,000.00 per day - each day eaten by the hassle attached to both the incident and the insurance protocols is productivity and opportunity lost.

You could have made or close a million peso deal that day but you ended up calling and waiting and talking with insurance guys, tow services, etc.

This is not even the worse scenario. It's just one of the hidden areas where Juan Dela Cruz is loosing productivity.

4. The main reason why Pinoys insure their cars is to keep the resale blue book value up. In case they have to sell it in the future. This attitude is actually self defeating and unproductive.

In first world countries, Generally speaking, a car is treated as a car... as an object to use and or abuse. An object to serve Man... and not to be served. The only time they are pimping their rides is when they do have a lot to spare on extras. This can only happen when they are able to make 80% of their time more productive or if they are unemployed or just filthy rich with much time in their hands.

If a car is flooded or drowned... you need to consider two things.

1. If you restore it - are you willing to spend an arm and a leg at the expense of compromising your comfort zones (forcing you to eat lucky me canton 3 times a day?)

2. If you cut lose - you accepted that you indeed lost a car, sell it as is where is for a song, settle for a new one or used one cheaper than the one you lost... (but hey, you and your family still get to eat a good meal daily).

We sometimes lose track of how much we are spending on something at the expense of our personal productivity.

You may also call this as "Wilfredo Parettos Logic."

Of course, every decision needs to be analyzed....

Rule of thumb in every decision we make is:
You need to be able to get or realize 80% more with your 20% input or invested time money or effort.

Reality is: People spend 80% more and are only getting 20% productivity... reason - they merely act on Suggested Priorities.

When we prioritize... it has to be well thought of.

[ehnriko]

Which reminds me of a Dutch commercial:

"A Limousine enters the scene - driving by the main gate of a factory... and sub title says... MARKET REPRESENTATIVE...

Then a Mercedes Benz 500 drives by ... subtitle says... MANAGER.

Then a Bentley drives by.... subtitle says... President

and... the last car came... a small car... it's a VW Golf.... subtitle says... CHAIRMAN - C.E.O."

This progressive country leaves the luxury cars to those who are at the lowest positions... the more they are on top... the more they live meagerly.

I guess this is normal for those who are old rich societies.

the Nouvo rich societies tend to buy top end models... In psychology, this is termed as Defense Mechanism.

I guess a really secured person would not be concerned with any of these.

I guess the best advise to give to those who have submerge vehicles is.

Don't Worry! - it's not good for your health. Besides... you already lost a lot... you wont be losing more anymore... well... that's if you continue reading the threads in Tsikot.com that is.

[High_King]

Same nangyari sa akin Lancer GLX manual 2005 model submerged yung oto ko nakita ko lang yung bubong Monday na, hirap talaga pag taga Pasig ka

Eto pala list ng nagastos ko at mas mura dahil ang mga Talyer kahit sa Shell mga taga

- mekaniko 2K napaandar naman ang sasakyan napalitan lahat ng dapat palita ok naman at pwede na gamitin,
Oil 1.6k, Oil Filter
5h transmission
sabi ng mekaniko ok daw yung Spark Plug kaya di ko pinalitan

- Interior umabot ng 5k linis lahat pati dash board kinalas lahat ang galing talaga, siding, carpet, lights

ok naman at ginagamit ko na sa office for 2 weeks

mga napasin ko,
- yung SRS nya parating nakalight, papatining ko pa ulit sa Elictrician
- Alarm sira na, pero yung Power Window at Central Lock ok naman
- me konting ingay pag tinapakan ko yung Cluthch, mukhang kailanga ko palita yung pressure plate pero di ko pa natanong sa mekaniko;
- mas konting konti na mas maingay yung makina pero siguro titining din yon pag tumagal;
- Ok ang Aircon malamig pa din

Hwag kayo mawalan ng loob at hindi naman kailangan gumastos ng malaki basta maghanap lang kayo ng tamang tao kesa mga talyer at ano pa; sa bahay pa gagawin

Yung ECU pala ng Lancer sealed kaya di nasira

[hammerhead2]

yun sa starex ko na up to floor lang nabasa. was running when i brought it to casa.

Total cost of parts: 16608.60
Total cost of labor and materials: 33.554.60
VAT: 4026.55

Total: 54189.75

Yun breakdown is:
pulldown gas tank
replace:
fuel filter and sensor
air filter
pollen filter
atf fluid
checked and inspected brakes

oil filter 625
engine oil 7857.12
fuel system cleaner 535.72
parts cleaner 535.72
fuel sensor 1049.44
pollen filter 1458.04
air cleaner 889.29
atf fluid 7232.22
fuel filter 2534.48
perform interior detailing 0.02
perform interior detailing 10409.45
sand paper 17.86
misc income 267.87

perform 10K service 14971.48

Honestly i do not understand the math. got my starex already. feels and sounds like it is running better in terms of my post-flood assessment.

my civic is still in the casa though in cavite. was brought in october 1. mechanical inspection still not done. sadly.

[lazyfoot]

I have a question. One of our cars was totally submerged during ondoy. We initially had it towed to the shop and it was estimated by the shop. Since we have AOG insurance, the insurance company gave the LOA already. Now as work is progressing with it, we're finding out that the damage is worse than initally estimated. I'm planning to declare it a total loss instead. Any idea on how i should approach the insurance company and try to convince them that it is better off to write it off as total loss than continue repairs?

thanks

[lazyfoot]

passed by honda q. ave. and edsa balintawak - ang daming nasa labas! yung iba mga basag ang window??? hyundai e. rod. ganun din but di sing dami ng honda - yung isang santa, basag din ang driver side window???

kakaawa, i think kung makakapagsalita lang sila

Hindi nabasag yung mga side window noon, most modern cars roll down their windows once it detects water up to the dash level. It's a safety feature to let you escape just in case you fall into deep water.

[loki_chaos]

Mga sir! regarding po dun sa sentra ko, na sira yung computer box, ang nangyari, pinalitan daw ng IC, so nag start na siya... kaso, hanggang 2krpm lang tapos mamamatay na... pag rev ko, umaangat hanggang 2.5k-3krpm lang tapos mamamatayan na siya... sabi ni mechanic, computer lang talaga kasi nga nung kinabitan nila ng ibang computer, ayun umandar sya ng hindi namamatayan...

Need your 2cents po!

[Paolo123]

Mga sir! regarding po dun sa sentra ko, na sira yung computer box, ang nangyari, pinalitan daw ng IC, so nag start na siya... kaso, hanggang 2krpm lang tapos mamamatay na... pag rev ko, umaangat hanggang 2.5k-3krpm lang tapos mamamatayan na siya... sabi ni mechanic, computer lang talaga kasi nga nung kinabitan nila ng ibang computer, ayun umandar sya ng hindi namamatayan...

Need your 2cents po!

Naranasan ko ito nung nagpaengine wash ako ng kotse ko. I think ang cause ng problem is nabasa yung distributor. Kasi hinanginan lang yung distributor ko, ok na uli.

Pero yung case nung sayo, mukhang tamang computer box na yan kasi nung pinalitan, umayos na sya.