Do i have to accept an insurances first offer?

Message

Author

Posted: Thu Mar 04, 2010 4:26 am Post subject: Do i have to accept an insurances first offer?

I have a 91 jeep cherokee which i got into an accident. The other insurance accepted fault. They are trying to give me 700 bucks for my jeep or let me keep the jeep and pay me 500. Do I have to accept that offer? What are my options on getting what its really worth? adjuster said that the damage was 1400 and probably was more.

lobo0wens

New member

Joined: 04 Mar 2010
Posts: 1

1.35 Dollars($)

Posted: Thu Mar 04, 2010 6:38 am Post subject:

You need to support that your Jeep is worth more then they are offering. Feel free to submit this information/documentation to them.

tcope

Forum Expert

Joined: 22 Nov 2006
Posts: 5199

Location: Salt Lake City, UT
286.08 Dollars($)

Posted: Thu Mar 04, 2010 11:46 am Post subject:

What makes you think the Jeep is worth more than 700? _________________ "Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.

Lori

Moderator

Joined: 10 Sep 2007
Posts: 8173

Location: Missouri
287.90 Dollars($)

Posted: Thu Mar 04, 2010 12:52 pm Post subject:

Its really not possible as we have not seen it and i think that since you are very close to your asset, then you can judge what exactly the cost might be ?? Then you can come to an conclusion for a price and ask him to pay very near/same price which you are expecting!!!!

dorothykinder

New member

Joined: 17 Feb 2010
Posts: 8

2.13 Dollars($)

Posted: Thu Mar 04, 2010 7:41 pm Post subject:

You do not have to accept the insurance companies first offer, but you should have proper documentation to support your argument.