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Old 2005-07-19, 02:54 PM   #8
ArthurS
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Join Date: Dec 2002
Location: Reno, NV
Posts: 3,707
 
Car: 2011 Chevy Battle Wagon
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Quote:
Originally Posted by cody
Hey Arthur, that's some good info. Can you please elaborate on the law you eluded to. What happens if you have more than $5000 in parts that increase safety? What if I have some parts that make my car faster?

BTW, I do need to upgrade my brakes...I know this.
Yea, I'll try and find it. I just heard this from a adjuster, but I'll try and find the statute. I believe that the insurance companies 'must' repay up to 5,000$ if the person can show proof of the purchase and install of the part by this statute. I think that after 5k, its up to the insurance company. I have seen some of my clients get paid a lot more over 5k for parts after a total loss.

Let me call around and get some clearer description of this.
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