Let's play guess the repair cost

[dark0821]

if its not write off, the Audi will be $20K easy....

[RabidRat]

Originally Posted by GLOW

i have to admit, when i see a car with damage on it, i stay a few car lengths away from you.

it's like someone with battle scars from fights, i don't want none of it!

I'm getting really excited about this.

Next time I get in a collision, I'm just going to leave the car like that. Custom plate: "IM CRAZY" or "BAD MAN" or something.

[bcrdukes]

Originally Posted by RabidRat

Wha? I think you need to shop around. Our '17 Highlander is only a little over $1k/year. We're with TD: you might want to try grabbing a quick quote off their online tool.

What are your premiums and is it used for commuting? And how many annual KMs?

[RabidRat]

What do you mean what are our premiums? Isn't that the $1k/year? You mean the other car? The '20 i3 is $1329/year.

It's set to 10000-15000 km/year.

It's currently not used for commuting, but I went into my account just now and re-quoted it for commuting: it's only a $16/year increase.

[bcrdukes]

Sorry, what I mean is what are your deductibles?

I use my car to commute, and we are headed back to five days in office starting next year, and I work in Brampton. Damn, I need to move out of Mississauga and find a new job.

[RabidRat]

Yes but it quoted a $16 (sixteen!) dollar difference a year to make it for commuting though.

500 / 500 / 2 mil

edit: I re-quoted it now for not only commuting, but 15,000-20,000km & year 20-25km commute distance one-way:
$61 (sixty-one) dollar difference a year.

Just saying... next time you price out insurance, use the TD tool. There's a non-zero chance you're being had on your insurance.

[bcrdukes]

Originally Posted by RabidRat

Yes but it quoted a $16 (sixteen!) dollar difference a year to make it for commuting though.

500 / 500 / 2 mil

edit: I re-quoted it now for not only commuting, but 15,000-20,000km & year 20-25km commute distance one-way:
$61 (sixty-one) dollar difference a year.

Just saying... next time you price out insurance, use the TD tool. There's a non-zero chance you're being had on your insurance.

Just played with it.

TD ends up costing me $300 more per year.

[RabidRat]

Ok, that's really odd that you're still getting $2000+ premiums on beaters.

Next time you're pricing out a beater, I'd be curious to plug it in myself and see what they quote me.

[SSM_DC5]

Question for you peeps who may have gone through the process in the recent years now that more and more things are online based.

For the... "Vehicle ownership transfer agreement" that icbc asks you to E-sign.... It says

By clicking to sign the agreement, I agree that:
ICBC can tow the vehicle for me, and inspect it.
If ICBC determines that it is not economical to repair my vehicle, then:
I thereby transfer all rights in the vehicle to ICBC; and
ICBC may proceed to sell or dispose of the vehicle; and
ICBC will pay the amount to which I am entitled for the value of the vehicle.

If I sign this and they determine the car as total loss, then automatically, the car is ICBC's property and I don't need to physically sign the tax transfer form anymore? Or will I still need sign the tax transfer form?

[JDMDreams]

Umm according to my co worker who crashed, once icbc has your car they pretty much can just take it. Once it was towed to the lot. I don't think he said he signed anything and it was all over the phone

[yray]

just don't sign it unless its totally fucked

once you sign it, good luck negotiating

[SSM_DC5]

Originally Posted by yray

just don't sign it unless its totally fucked

once you sign it, good luck negotiating

Myself and the bodyshop thinks it's totalled. Just waiting for icbc to confirm it.

Although it can be driven, it's in a state that it's a ticket able offence, so technically it's undrivable?

The car is still in my possession, so I feel I have zero leverage in all this and refusing to sign anything just hurts me if they drag on the evaluation process while I drive around a busted car risking a ticket. (already got pulled over with a verbal warning).
By signing it, they say I'll be able to obtain a courtesy car while they decide if my car is totalled.... But when it actually comes to the point that it's deemed totalled. I foresee that I'd need to forfeit the courtesy car immediately, my car is now icbc's; however it's sitting on my property waiting for icbc to tow it away whenever they thinks it's convenient. Essentially I'm storing their car for free for who knows how long.

[Badhobz]

Let them write it off. Then you buy back your own salvage and get a shop to give it a bullshit fix and a savage title.

[bcrdukes]

Do you have an estimate of how much it will cost to repair? I think earlier, you mentioend the cost to replace (given similar makes/models/values) are extremely rare.

[EvoFire]

Originally Posted by SSM_DC5

Myself and the bodyshop thinks it's totalled. Just waiting for icbc to confirm it.

Although it can be driven, it's in a state that it's a ticket able offence, so technically it's undrivable?

The car is still in my possession, so I feel I have zero leverage in all this and refusing to sign anything just hurts me if they drag on the evaluation process while I drive around a busted car risking a ticket. (already got pulled over with a verbal warning).
By signing it, they say I'll be able to obtain a courtesy car while they decide if my car is totalled.... But when it actually comes to the point that it's deemed totalled. I foresee that I'd need to forfeit the courtesy car immediately, my car is now icbc's; however it's sitting on my property waiting for icbc to tow it away whenever they thinks it's convenient. Essentially I'm storing their car for free for who knows how long.

You are right, the moment they deem it a total loss and you have signed it over, they will terminate your courtesy car. I would hold on to the forms and not sign until you've exhausted their patience.

What did the cop say about the car? I've seen cars driving around without headlights. But if your airbags blew I wouldn't drive it anyways.

[JDMDreams]

I've driven around with broken headlight, bumper taped on icbc said it's fine and just give claim #

[yray]

thats interesting, I thought they won't give you the "give up letter" unless they have the vehicle in their possession

thats what happened to me and my truck sat in coquitlam/ new west yard for 7months until I redacted my claim

[SSM_DC5]

It's official boys. ICBC deems it "not economical to repair".

let the suspense begin until I find more time to share details.

[bcrdukes]

RIP

[Badhobz]

I TOLD YOU TOYS!!! if that chick at the gym got her bimmer written off with such a pathetic ding, this thing is long dead.

[bcrdukes]

haha in fairness to SSM DC5, his accident was a bit more than a pathetic ding

Whereas our Mini was bashed up the curb and they still fixed it.

[RabidRat]

Originally Posted by SSM_DC5

It's official boys. ICBC deems it "not economical to repair".

let the suspense begin until I find more time to share details.

So are you allowed to buy it out?!

[JDMDreams]

I don't think you can just buy out as a regular person. I asked many years ago, I think you need a repair shop to buy it back for you and you still can get outbid.

[68style]

It seems they rarely let people buy back anymore, not sure what changed... my MR2 Turbo got totaled before and I bought it back no issue, but that was back in 2007. I've known quite a few people since then that said they'd been refused.

[SSM_DC5]

Originally Posted by SSM_DC5

It's official boys. ICBC deems it "not economical to repair".

let the suspense begin until I find more time to share details.

Finally got some spare time to share how ICBC handles claims these days.

So after the accident, I went to the bodyshop and let them take photos.
After that I made a claim using icbc's website, once I got the claim number, I gave that to the bodyshop to then submit the photos + $12k estimate to icbc. Because the $12k estimate is above icbc's threshold for the repairing the car, it didn't get auto approved for repairs and needed to wait for icbc's own approval.

Time goes by and I follow up with the bodyshop, they say the computer still shows it's waiting for approval and says I should go call icbc to try and get a courtesy car while I wait. I call ICBC and they tell me, no courtesy car because I don't pay for that extra insurance coverage and to try my bodyshop for a car.

More time goes by, so I follow up again with ICBC and I get the most robotic response from the CSR, the computer says it's waiting for someone from icbc to look at the file, so they'll get to it whenever they get to it and they can't provide an estimated time.

I hated that CSR, so I tried again the next day. This time, the person was more helpful and tells me that icbc must be dragging their feet because it says your car is drivable........sure it's "drivable", but it's missing a fricking headlight and I already got pulled over by cops! He tells me that icbc will not be responsible for tickets I receive and that he's going to write it down in my file that I was made aware of this.
CSR was willing to change the status to undrivable in an attempt to speed up the process, but still unable to give me an estimated time on when the file will be looked at. CSR also emails me the "Vehicle ownership transfer agreement" because I'll need it for icbc to tow it away later.

Next day, the evaluator calls me and tells me it's totaled and he's called to tell me icbc is willing to give me $10k for the car. He sends me another "Vehicle ownership transfer agreement" because the link expires after a few days and the weekend was coming up.

During the last 2 phone calls, I have also asked
1) how long it takes ICBC to tow it away (answer was don't know, but they won't even start the process of towing unless I sign)
2) can I drop it off to icbc's lot in new west (answer was yes)

As an aside, I called my insurance broker to ask how the insurance works in all of this because if I sign the form, it's ICBC's car, but sitting on my property waiting for a tow, so who's responsible for it and can I just leave it parked on the street cuz it ICBC's car, not mine. (answer is I can't leave it on the street, because I need to follow city bylaws. If I cancel my insurance early, then I need to buy 1 day insurance for the day that the car sits on the tow truck.)

So I end up signing the form electronically. Another option is the evaluator reads you the contract over the phone, then you agree to it verbally. I let him read it and it wasn't even word for word the same as the what I got via email.

I also sign up for icbc direct deposit system, so they can pay me my $10k that way instead of dealing with canada post and their strike.

Since I had the email of the evaluator, I asked him a couple more questions
1) Can I buy back the car (generally no, but they will let me if it has a lot of mods on it)
2) Can I take things off (the salvage yard does a check when they receive it, so you can't do things like pull the engine or take the tires)
3) Can you show me the info you used to come up with my $10k valuation (they forwarded the report from Mitchell International, the third party company they use for valuation. In the document, I see the comparables they used and they even gave a value for the roof racks I had on)

I drove the car to their yard in new west, told the guy inside my claim number plus showed him my ID, he said it's all good and I left.

Not long after, the money is in my bank along with the insurance money when I cancelled the insurance which was back dated to the date of the accident even though the whole process took over a month.