bad newz

[Summit_SS]

Was driving to the lake last weekend and my boat got sideswiped by a guy pulling a camper. entire side of the boat is caved in so looks like i am out a boat till the boat show comes in january of next year. His insurance did cover it and they told me that my boat (04 lsv) was only worth 29..isn't that a bunch of crap... but anyway i well still be able to get out behind my buddies boat...

So to the reason i am writting this, Has anyone heard about or does anyone know when moomba will release information on the 05's that are going to come out..

Thanks

Luke

[seanpatsdad]

I hope you are not settling on 29.Good luck.
John

[lowdrag]

Wow, sorry to hear about your boat. I hope you've got a good insurance company to fight for you. 29k for a new v-drive is crazy talk. Good luck and don't settle for anything less than a comparable NEW boat.

[suvlako]

A good friend of mine who is an insurance lawyer told me a valuable lesson once. He is hired by insurance companies to fight in their interest. He said that most insurance companies will come to your terms if the cost of the attorney will outweigh the settlement. My advice to you is to threaten your insurance company that you will sue if that is all they will give you. You may be able to pull a couple grand more out of them. Good luck!! Art

[zabooda]

That is why I tell others that are involved in an accident is to claim an injury so that after the insurance man gives you a pitance for your boat (or car) then the other half (the injury claim) needs to be settled. Last time I needed that was 25 years ago but the bigger the jerks they are the bigger the injury claim. The two settlements end up paying for like items. Sad to see it that way but you need to be one up on the insurance company to break even.

[austinlsv]

Last time I checked that was called insurance fraud!

[zabooda]

Get a clue Austin. An injury is an injury. No fraud here and for even to think so is insulting.

[Inliner]

Did you settle Summitt? If not, sue for replacement cost, not depreciated value. Fortunately for yourself, there aren't too many of those on the market out there in comparable condition. I assume you bought the boat brand new and I am quite sure it had 100 hours or less on it. Make sure you include all extras that you added to the boat and factor all that in for replacement. Then add lost time on the water due to the loss of the boat. Put the lawsuit up to a level that the insurance company decides it is not worth it and they will replace the boat. You might want to retain a lawyer who will notify the insurance company of the pending suit and represent you since it is not going to go to small claims due to the amount. You have to play tough guy and let them know you are not playing games. The wreck was not your fault in any way and you shouldn't have to suffer as a result of another driver's carelessness. I have been through it numerous times due to the fact that my vehicles seem to have targets painted on them. I have never suffered a loss in any case. But I have played hard ball with the jerks on a few occasions and always win. You are in the driver's seat if the accident was not your fault. Take them to court or drag them through 30 miles of broken glass naked, they will come around. BTW, make sure you factor legal costs in even if you settle. Lawyers don't come cheap, so make the insurance company foot the bill in settlement.

[Catdog1]

Claims adjusters are paid to lowball the payout. Good advice.

Had to help a neighbor collect on life insurance once. Similar, but very bad situation. Played hardball on her behalf via the state insurance commissioner. Commissioner himself called me and told me if this particular (large) company didn't pay the claim immediately they would no longer be allowed to do business in this particular state. Solved it.

Its an occupation to try to lowball claims. Get serious and methodical with it!

[austinlsv]

Hey Zabooda, not to harp on your comments, since that is not what this thread is about, but lets look at what you said.

Zabooda said, "That is why I tell others that are involved in an accident is to claim an injury so that after the insurance man gives you a pitance for your boat"

If you have to tell someone to claim an injury, there must not really be one.

Zabooda said," the bigger the jerks they are the bigger the injury claim"

If it were ligit, how can an injury miraculously get "bigger" based on someone being a jerk.

I am nto defending insurance companies here, but I have studied insurance law. Fraud may be tough to prove in these cases, but fakingn or exageratting is fraud. Plain and simple.