Total Loss Declaration on Flooded Cars

[kapitan88]

couple of years back, my 2017 honda city got flooded din, insured amount was 603K, was offered 555K less 15K deductible depreciation. got a check worth 540K.

Hi po!

Ask ko lng po if meron kayo idea regarding sa AON
insurance claim process.

Yung unit po kasi namin is innova 2016 model and insured sya for 600+k.

Magkano po kayo yung magiging payout namin sa insurance? Nakausap ko kasi kanina yung agent sa claiming department ang sabi parang almost 900k daw yung repair value pero di naman nila nachrcheck pa yung engine.

Nung dung mating yung inspector samin 2 days ako parang ang basa ko sakanya para ok pa yung kotse kasi wala tubig sa oil and sa gas and yung battery is natangal naman bago malubog.


Note: casa maintained po yung auto namin.. please advice thnak you po!

[Mark1111]

Best is sa CASA assessment, pag lagpas ng insured value, automatic total loss na yan.
Depende pa rin sa final assessment, basta yan yung total loss assessment pag lagpas ng insured value estimated cost of repair.
Sayang nga lang, hirap na makahanap ng similar second hand vehicle at 600k+.
Pang down nalang to ng brand new vehicle.

Yun na nga po eh parang di na nila sisilipin yung auto since total lost na sya. Pero di ba dapat icheck yung ng tao nila since pano malalamn kung aabot nga ng 900k yung gagasyusin to repair eh pixture lng yung nakita nila di naman yung makina mismo.


Bale yung sa sum insured na 600 makukuha po kaya namin yun? Or meron pa yung mga bawas?

[kapitan88]

couple of years back, my 2017 honda city got flooded din, insured amount was 603K, was offered 555K less 15K deductible depreciation. got a check worth 540K.

add:

just last month, i happened to see that car again running sa may naiax, still looking shiny, Also wonder, pano ang kalakaran sa mga total loss vehicles, sino ang kumukuha at nag aayos, and do they tell would be buyers of its history? la lang.

Hi po!

Ask ko lng po if meron kayo idea regarding sa AON
insurance claim process.

Yung unit po kasi namin is innova 2016 model and insured sya for 600+k.

Magkano po kayo yung magiging payout namin sa insurance? Nakausap ko kasi kanina yung agent sa claiming department ang sabi parang almost 900k daw yung repair value pero di naman nila nachrcheck pa yung engine.

Nung dung mating yung inspector samin 2 days ako parang ang basa ko sakanya para ok pa yung kotse kasi wala tubig sa oil and sa gas and yung battery is natangal naman bago malubog.


Note: casa maintained po yung auto namin.. please advice thnak you po!

[Mark1111]

couple of years back, my 2017 honda city got flooded din, insured amount was 603K, was offered 555K less 15K deductible depreciation. got a check worth 540K.

Sana close din dito yung makuha namin sa insurance. Yung sa tono kasi napannalita nung kausap ko sa claims department kanina parang mababa ng ibibigay eh

If ever sobrang baba ng offer, ano po kaya other options?

[kapitan88]

In my case naman, mautak na din si casa, ang initial quote nila for repairs is a measly 37K, it only covers basic PMS + cleaning ng carpet/seats, then, after that, dun pa lang daw nila ma-assess ang extent ng damage, para at least, kumita na din agad sila. pina describe na lang ni insurance agent + picture nung flooding ng area, then, pull-out na lang sa casa, and declared as total loss.

Yun na nga po eh parang di na nila sisilipin yung auto since total lost na sya. Pero di ba dapat icheck yung ng tao nila since pano malalamn kung aabot nga ng 900k yung gagasyusin to repair eh pixture lng yung nakita nila di naman yung makina mismo.


Bale yung sa sum insured na 600 makukuha po kaya namin yun? Or meron pa yung mga bawas?

[Mark1111]

In my case naman, mautak na din si casa, ang initial quote nila for repairs is a measly 37K, it only covers basic PMS + cleaning ng carpet/seats, then, after that, dun pa lang daw nila ma-assess ang extent ng damage, para at least, kumita na din agad sila. pina describe na lang ni insurance agent + picture nung flooding ng area, then, pull-out na lang sa casa, and declared as total loss.

Ahh dinala mo pala agad sa casa before inform sinsurance? If ok lng.. pwede ba malaman yung insurer mo po?

[kapitan88]

No, require ni Insurance yung repair quote, si insurance nag facilitate ng towing from kawit to macapagal (towing fee, charge sa insurance), may add'l fees lang na charge sa akin, amounting to less than 2K lang.

Ahh dinala mo pala agad sa casa before inform sinsurance? If ok lng.. pwede ba malaman yung insurer mo po?

[dr. d]

Yun na nga po eh parang di na nila sisilipin yung auto since total lost na sya. Pero di ba dapat icheck yung ng tao nila since pano malalamn kung aabot nga ng 900k yung gagasyusin to repair eh pixture lng yung nakita nila di naman yung makina mismo.


Bale yung sa sum insured na 600 makukuha po kaya namin yun? Or meron pa yung mga bawas?

in my opinion,
if the water reaches the dashboard, i would insist it be written off as total loss.
issues traceable to submersion may still arise, even a year after the fixing. and i doubt if the casa or whoever fixes it up after submersion, will put a one-year warranty into writing.

[carxynogen]

In my case naman, mautak na din si casa, ang initial quote nila for repairs is a measly 37K, it only covers basic PMS + cleaning ng carpet/seats, then, after that, dun pa lang daw nila ma-assess ang extent ng damage, para at least, kumita na din agad sila. pina describe na lang ni insurance agent + picture nung flooding ng area, then, pull-out na lang sa casa, and declared as total loss.

Parang mas makatipid ata si insurance if ma file agad as total loss kahit hindi ma check internals.
Because they have an option to sell it and coup the losses of the Total Loss claim.
Compare dun sa repair lang na if aabot sa 200k+, sakit sa bulsa ni insurer yan.

[dr. d]

Parang mas makatipid ata si insurance if ma file agad as total loss kahit hindi ma check internals.
Because they have an option to sell it and coup the losses of the Total Loss claim.
Compare dun sa repair lang na if aabot sa 200k+, sakit sa bulsa ni insurer yan.

in my opinion,
let's not think of the insurer. let's talk about us.


owning a submerged-but-repaired car, is a potential headache.
i'd probably choose to buy a replacement car that has good provenance, even if it will cost me more.

but let's wait for posters who had their submerged cars fixed, for their tales.