<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=us-ascii"><meta name=Generator content="Microsoft Word 14 (filtered medium)"><style><!--
/* Font Definitions */
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri","sans-serif";}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
span.EmailStyle17
{mso-style-type:personal-compose;
font-family:"Calibri","sans-serif";
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;
font-family:"Calibri","sans-serif";}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='color:#1F497D'>Insurance lessons: My agreed value was through American Modern, the outfit that was hooked up with Barrett Jackson. Absolutely recommended.<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>First question they ask: why were you driving the car. If you policy says no cruising, no racing your buddy”s 911 then you want to answer something that is ok by your policy. I was returning home after getting a paint match, seems that was ok. It seems the chingadero was trying to weasel out of paying!<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>The adjuster wanted to move the vehicle to one of their storage yards. I had to explain why I didn’t want that to happen (no storage yard within 250 mies).<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>American Modern did reimburse me for towing and storage.<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>How many of you just get insurance and drive your car? Remember what Tom Waits said? The large print giveth, the small print taketh away. My policy included $10,000 medical coverage. My accident resulted in a 4 mile ambulance ride, some ER time, two images. $10,000 doesn’t cover that!!!<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Two list members guessed my cost for keeping the car: $20,000 and $10,000. Not even close! American Modern indicated they would contact their auction people to get an estimate of what American Modern could get from selling the wreck (you have no idea how it hurts to type “the wreck”!!)<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>My settlement was as follows: agreed value minus buyback (5% of agreed value) plus “inflation clause” of 4% of agreed value. I came out a little short and have a few small medical bills to settle, but I still have the car. Its for sale as is, email me off list for details.<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Be safe, STAY AWAKE!<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>