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Car is broken but I dynod it with the Vancouver R club dyno shootout anyways, cammed 3.2 NA with 280HP@6700rpm and 250lbft from 3k-5k rpm at the crank. Super happy with results! Let me know what you think!
After spent over an hour reading ICBC's Material Damage Procedure handbook, I found out that indeed the worrying fact of no buy back is true, but they have an owner retention program, where it states in icbc material damage procedure hand book section 8.5, that under special circumstances if the total loss vehicle has special value to the owner or has speciality equipment and pose no environmental risk, the owner agrees to the change of title to salvage, he or she may retain the vehicle.
So now in not so worried about being able to keep the vehicle now since everyone dealing with me knows how much money and work went into the car with proof, I just have to try as hard as I can to have the Jetta repaired, and if it's not possible I'll take the car back to Calgary and wait for the next steps
My Cabrio is heavily modified and I would have to get it appraised and pay extra insurance on it to cover the mods it has done to it . I checked it all out last summer.. . In the end I didn't.. so it's considered a base 95 Cabrio 2.0 with 200,000 km on it .. If it gets wrote off ill buy it back and swap the VRT stuff into something else .
Yes exactly. I had to get the Harlequin appraised this spring, to get true insurance value for it.
My Cabrio is heavily modified and I would have to get it appraised and pay extra insurance on it to cover the mods it has done to it . I checked it all out last summer.. . In the end I didn't.. so it's considered a base 95 Cabrio 2.0 with 200,000 km on it .. If it gets wrote off ill buy it back and swap the VRT stuff into something else .
My insurance don't give half a damn about my car although they're really responsive with my health. Because I don't have collision with my insurance, which is exactly why I'm dealing with icbc, this who dealing with who part is already sorted
When I hit a car on the highway with a lady frieds GTX, the insurance wanted to pay her $600 for it (89 VW jetta doesnt have much value haha) But We just finished painting the car Porsche blue, It was a GTX, Great shape, tons of Modifications, and She stated that if they could get her a similar car with their $600 she would take that car, We scoured Kijiji ads and auto trader ads and gave about 10 examples to the insurance company for a similar car without fresh paint and they were between 2500-5500. They settled on a fair market value and gave her close to 5K if I remember correctly. That was an Alberta Insurance company though.
My estimator already saw the car and knows its one off. The 5000 thing, he means at most $5000 extra on top of the car's value for mods if I only have basic ICBC coverage, but the issue is that I'm not even with ICBC that the 5000 mod thing may not apply. If they're writing it off I'll buy it back. Worst case if they don't let me buy it back, i have a few good friends here in vancouver with engine cranes and the car will get stripped in a few days, if they want to argue that i stripped too much for them we can go to court and they won't want to pay for anyone to go to court for a 12year old jetta that they'll just crush anyways.
Well is $5000 the KBB (or equivalent) value of a standard OEM GLI with that many kms? That is what i would think they are getting that $5000 number from. If that is what you had insured then that is all they will pay out, and if you didn't expressly indicate that the car is HEAVILY modified then they would assume that it is a stock vehicle. $25,000 in receipts probably won't get you anything in this case. It's all fine and dandy that you have them, but none of it was reported to insurance and paid for in typically more expensive premiums.
EDIT: That being said, even if they say you can pull off your modifications how far would that go. You aren't going to go taking out the entire motor because you consider it a modification and have receipts for it. You can't take off the skirts and lips. You can't take off the headlights or seats. This might get messy because they aren't going to give you a month to buy stock items to put back in it.
Since my friend works at a icbc approved body shop I took my car to them and asked icbc for an express estimate so I don't have to wait for one month for an estimate. Just got this message this morning:
"Hi Jerry, just got off the phone with the MD manager. We got 2 choices and you can either keep your appointment with ICBC or we can ask them to allow us to access the claim to do the basic estimate. All we can do is note down that you have $25000 receipts and they will run some numbers and see if they can fix the car for you. They normally don’t cover $25000 of modifications unless you bought extra insurance coverage as the basic one is only covers $5000. If they don’t provide enough money for you to fix the car you still are able to pull the modification parts off the car. Let me know if you want to keep you ICBC appointment or get me to send in something for you?"
I chose the second choice since it'll be easier for me to deal with and maybe, just maybe there's a way we can work around the system such as they write the estimate lower than the actual estimate so the car doesn't get written off and I pay for the extra.
What are you guys' opinion on that $5000 rule? Because I'm Alberta insurance and it's the icbc client's fault would this rule still apply to me?
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