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Discussion Starter · #1 ·
Hey guys,

I was so happy to snatch a cancelled iX50 at a dealership about 2 weeks ago. Well, on my way back home yesterday, a lady behind me rear-ended me on the highway. I live in DMV area, and of course there is traffic all the time. She admitted her fault and it is her 100% liability.

The problem is that the car is very new and rare, which probably makes the fix process a bit hard...

I am also curious about the diminished value claim (MD allows a DM claim). Since there is no data available, I also wonder how much I should settle. Ahh, it's been a rough day. I also feel painful as well. I am seeing a doctor soon...

First time in this type of accident... Could you help?
 

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If you are injured, you want to make sure you see a Dr. and get this documented, and perhaps a lawyer to see what your options are. Your insurance company will try to minimize their costs as much as possible, be prepared for a fight.
 

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I assume you and the at fault driver traded all necessary contact and insurance information. Did you photograph the vehicles and scene of the accident ? Was a police report completed at the scene of the accident ? That can be especially important if someone changes their mind with regard to acknowledging fault, and documenting injury.
If you were injured, seek counsel asap. There's no shortage of PI oriented law firms who will be eager to represent you on a contingency basis. The question will be which one to choose.... Whichever firm or individual you retain should provide complimentary assistance on settling the repair claim on your vehicle, including a diminished value claim.
Good luck, and take copious notes. Document everything.
 

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Since it's new and not your fault, your insurance company may offer you full replacement costs (after taxes and fees). Even if you don't have this coverage, good insurance companies will do this for you (because they can just back charge the full amount to the other insurance company.)

Amica did this for me once, having only standard coverage. I didn't know that was an option, but they just offered to do it since they would recoup it from other driver. And you still retain the full tax credit, while getting full replacement costs.
 

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Discussion Starter · #5 ·
I assume you and the at fault driver traded all necessary contact and insurance information. Did you photograph the vehicles and scene of the accident ? Was a police report completed at the scene of the accident ? That can be especially important if someone changes their mind with regard to acknowledging fault, and documenting injury.
If you were injured, seek counsel asap. There's no shortage of PI oriented law firms who will be eager to represent you on a contingency basis. The question will be which one to choose.... Whichever firm or individual you retain should provide complimentary assistance on settling the repair claim on your vehicle, including a diminished value claim.
Good luck, and take copious notes. Document everything.
Thanks for your detailed response. This really helps. Yeah I was in shock so I called 911. The other driver didn't step out of the car and never even asked my condition. She said, "My car's damage is worse." No offense, but her car was 2013 Sonata Hybrid... I didn't say anything. Anyway, I am meeting with a lawyer next Monday. The Geico, the other person's insurance, assigned an inspector. I got a call from him, saying, hey I am busy I will come by your house next Friday (8 days after the accident). I was like... what? Anyway, I am documenting everything and try to prepare a fight...
 

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Discussion Starter · #6 ·
Since it's new and not your fault, your insurance company may offer you full replacement costs (after taxes and fees). Even if you don't have this coverage, good insurance companies will do this for you (because they can just back charge the full amount to the other insurance company.)

Amica did this for me once, having only standard coverage. I didn't know that was an option, but they just offered to do it since they would recoup it from other driver. And you still retain the full tax credit, while getting full replacement costs.
I didn't purchase a car replacement option. But if they can find a car somewhere nearby, I am happy to take a new one or similar (I purchased a Gap insurance with the BMW Select Program with 1.9% APR)... if that helps any...

Honestly, my insurance covers everything with high limits, with $750 deductibles on collision and comprehensive. But I pay $240/6 months (Progressive) due to multiple discounts, no accident history in the past 15 years, no claims made, and good driving records. I realize, again, that accidents can happen to anyone, anytime, at anywhere.

I will call my Progressive adjuster soon and see what are the options on the table. I think just getting parts is really difficult for iX50s... Funny thing is that Geico inspector already "shared" that Geico is not responsible for manufacture back-order, paying for the rental cars because of "the wait," and the rental car coverage cannot exceed a month. Hmm, I am definitely getting a lawyer. I pay about $1300/mo for my iX50. I wonder if I can even request the monthly payment because it all occurred due to the accident that is not my fault. Can be complex.
 

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I didn't purchase a car replacement option. But if they can find a car somewhere nearby, I am happy to take a new one or similar (I purchased a Gap insurance with the BMW Select Program with 1.9% APR)... if that helps any...

Honestly, my insurance covers everything with high limits, with $750 deductibles on collision and comprehensive. But I pay $240/6 months (Progressive) due to multiple discounts, no accident history in the past 15 years, no claims made, and good driving records. I realize, again, that accidents can happen to anyone, anytime, at anywhere.

I will call my Progressive adjuster soon and see what are the options on the table. I think just getting parts is really difficult for iX50s... Funny thing is that Geico inspector already "shared" that Geico is not responsible for manufacture back-order, paying for the rental cars because of "the wait," and the rental car coverage cannot exceed a month. Hmm, I am definitely getting a lawyer. I pay about $1300/mo for my iX50. I wonder if I can even request the monthly payment because it all occurred due to the accident that is not my fault. Can be complex.
I don't have new car replacement either. New car replacement covers you if it's your fault. They just did it voluntarily, since it wasn't my fault. Your insurance has flexibility in what they charge against Geico (more than you would get from geico).

Geico is also who was at fault for mine. They're awful. Don't even talk to them. Just use your insurance. They should treat you far better (and will back charge geico anyway). If your insurance doesn't treat you well, switch.
 

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Discussion Starter · #8 ·
Since it's new and not your fault, your insurance company may offer you full replacement costs (after taxes and fees). Even if you don't have this coverage, good insurance companies will do this for you (because they can just back charge the full amount to the other insurance company.)

Amica did this for me once, having only standard coverage. I didn't know that was an option, but they just offered to do it since they would recoup it from other driver. And you still retain the full tax credit, while getting full replacement costs.
Alright,

Just talked with my Progressive insurance adjuster, and she was very aggressive and saying that the claim I open needs to be closed since I already talked with Geico. She was "Shhhhhhing" me, oh my god. Geico and Progressive are the same models I heard. Okay, I think my lawyer will handle everything from now on lol... This is stressful.
 

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bad news for you here, hiring an atty this early in the game is just going to cost you money and get you little results.
Unless your car is totaled your not getting a new car. Even if your car takes 6 months to fix they will still fix it. You'll get a rental and since it's not your fault it'll be on the "other" insurance company to pay for up to YOUR limits.

Once the car is put back together, then you can get an appraisal and go after the other party for Diminished Value. I've had good luck with this twice and it's certainly a negotiation with you and the adjuster.
 
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