Insurance Claim

[mark_t]

You are not talking to your banker.
Your outstanding balance loan is still computed for five years. This has to be re computed to
From the time you got the car to time of total loss of car. So baba yan dahil 2years lang bale ka umutang.
The pay off amount would also change significantly. Since hindi ka na uutang ng another 3 years.
So sobra sobra dapat ang monthly mo diba?

Call your bank to re compute the loan. Have you done this?
Have you informed the bank as to the total loss of your car?

[jing182]

Ito yun link sa policy at autoloan, di ko na display dito kasi malaki yun file, sayang sa bandwidth.

http://mob1218.photobucket.com/album...BPICarLoan.jpg
http://mob1218.photobucket.com/album...182/policy.jpg


Ngek ni resize ng photobucket yun images, crap anyways email ko na lang sa inyo kung gusto nyo makita...

[mark_t]

Para sa akin ang pinaka important na gawin sa ngayon ay mag window shopping ka na ng next car.

[jing182]

Thanks po sir mark_t sa insight, very helpful po sakin na first time mag claclaim sa insurance.

[lovemachine_23]

hello mga sir question lang po. 1st time ko magclaim ng insurance through my dealer, and malayan po ung insurance ko. Ginuhitan ung sasakyan ko paikot as in lahat ng panel ginuhitan kita ung metal sheet. in addition to that, may tama din panel sa ilalim ng pinto nagutter. 2015 po ung model ng koche. pinaestimate ko sa dealer inabot ng 113k lahat lahat. ngayon sila naglakad ng insurance claim since i thought sila rin nagahente nung insurance ko. the problem is, yung approved amount ni malayan nasa 35k lang but when i checked yung LOA (not sure what this is) document nila, andun yung instructions ng mga kelangang gawin sa sasakyan and to my surprise, andun lahat yung mga tama ng koche. then hinihingan ako ni insurance ng 8k deductible. Ang sabi ni dealer magrerequest daw ng additional LOA for additional funding.

1) im not sure pero what it looks like is masyadong mataas ung estimate ni dealer versus yung costing ni insurance. hndi ko po alam pano mangyayari dito. kumikickback ba si dealer?

2) do i need to worry about the difference of their estimates?

3) what other options do i have?

salamat po sa mga sasagot!

[Juan Martinez]

up this one... there are tsikoteers here who can address the concern of lovemachine

[lovemachine_23]

up this one... there are tsikoteers here who can address the concern of lovemachine

Thank you sir!

Up

[ninjababez]

hello mga sir question lang po. 1st time ko magclaim ng insurance through my dealer, and malayan po ung insurance ko. Ginuhitan ung sasakyan ko paikot as in lahat ng panel ginuhitan kita ung metal sheet. in addition to that, may tama din panel sa ilalim ng pinto nagutter. 2015 po ung model ng koche. pinaestimate ko sa dealer inabot ng 113k lahat lahat. ngayon sila naglakad ng insurance claim since i thought sila rin nagahente nung insurance ko. the problem is, yung approved amount ni malayan nasa 35k lang but when i checked yung LOA (not sure what this is) document nila, andun yung instructions ng mga kelangang gawin sa sasakyan and to my surprise, andun lahat yung mga tama ng koche. then hinihingan ako ni insurance ng 8k deductible. Ang sabi ni dealer magrerequest daw ng additional LOA for additional funding.

1) im not sure pero what it looks like is masyadong mataas ung estimate ni dealer versus yung costing ni insurance. hndi ko po alam pano mangyayari dito. kumikickback ba si dealer?

2) do i need to worry about the difference of their estimates?

3) what other options do i have?

salamat po sa mga sasagot!

ibang incident yata kasi yung gasgas paikot, and yung nagutter. not sure magkano participation mo pero sa tingin ko 2 x 4k yan kaya umabot ng 8k ang participation fee; OR high end ang auto mo kaya based sa % ng car value ang participation.
sakin din dati ang quote ng casa is 80+k pero binayaran ng insurance is 64+k lang.

[lovemachine_23]

ibang incident yata kasi yung gasgas paikot, and yung nagutter. not sure magkano participation mo pero sa tingin ko 2 x 4k yan kaya umabot ng 8k ang participation fee; OR high end ang auto mo kaya based sa % ng car value ang participation.
sakin din dati ang quote ng casa is 80+k pero binayaran ng insurance is 64+k lang.

ty sir sa info. Yes 2 seperate incidents un, ok lang na 8k. what happened to the difference of 16k, who shouldered it?

[papi smith]

Baka tinanggap ng casa yung estimate ni insurer. Normal na lalakihan talaga ni casa ang estimate, pero alam nila kung pasok sa estimate ng insurer ang job order. Sa pagkaka alam ko may binabawas na 20% ata si insurer on certain parts, parang automatic discount ata nila sa casa. Ganun din nangyari sa akin, 120k estimate ng casa, 90k nung binalik ng insurer yung LOA, ayun, tinira agad ni casa.

In your case, baka hindi acceptable sa casa yung estimate ni insurer, kaya binalik sa iyo at ikaw ang makipag usap sa insurer mo na re-evaluate. Check mo yung LOA baka may tinanggal si insurer na trabaho na hindi kayang tanggalin ni casa, or baka may additional work na kailangan pa gawin. Minsan may nami miss din na trabaho si casa kaya inihahabol yan, kung nakita naman ng evaluator, walang problem sa insurer mag dagdag.

[basucat]

hello mga sir question lang po. 1st time ko magclaim ng insurance through my dealer, and malayan po ung insurance ko. Ginuhitan ung sasakyan ko paikot as in lahat ng panel ginuhitan kita ung metal sheet. in addition to that, may tama din panel sa ilalim ng pinto nagutter. 2015 po ung model ng koche. pinaestimate ko sa dealer inabot ng 113k lahat lahat. ngayon sila naglakad ng insurance claim since i thought sila rin nagahente nung insurance ko. the problem is, yung approved amount ni malayan nasa 35k lang but when i checked yung LOA (not sure what this is) document nila, andun yung instructions ng mga kelangang gawin sa sasakyan and to my surprise, andun lahat yung mga tama ng koche. then hinihingan ako ni insurance ng 8k deductible. Ang sabi ni dealer magrerequest daw ng additional LOA for additional funding.

1) im not sure pero what it looks like is masyadong mataas ung estimate ni dealer versus yung costing ni insurance. hndi ko po alam pano mangyayari dito. kumikickback ba si dealer?

2) do i need to worry about the difference of their estimates?

3) what other options do i have?

salamat po sa mga sasagot!

You're insurer's estimate should be sufficient to repaint/repair your car. Medyo mahal yung quote ng dealer for a repaint at 113k. Kung later on kulang yung LOA ng Malayan, yung dealer ang bahala mag request for additional LOA. Basta max of 8k yung sa iyo.

[lovemachine_23]

You're insurer's estimate should be sufficient to repaint/repair your car. Medyo mahal yung quote ng dealer for a repaint at 113k. Kung later on kulang yung LOA ng Malayan, yung dealer ang bahala mag request for additional LOA. Basta max of 8k yung sa iyo.

thank you for the response sir. does that mean na the casa cant make the excuse that they cant start repairing and repainting my car until the additional loa is secured? can i have my car repaired tomorrow and let the casa and insurer settle whatever thwir differences are?

[rey752]

ty sir sa info. Yes 2 seperate incidents un, ok lang na 8k. what happened to the difference of 16k, who shouldered it?

Hi! Mr. Lovemachine,basta confirm mo sa lang sa SA mo na wala kang ibang perang ilalabas maliban sa participation fee mo pero lahat ng pina cover mo sa insurance magagawa.same thing happened to me I ask them bakit mag kaiba LOA sa quotation, sabi ng SA ok lang yan sir may mga discount pa kase ang insurance company samin.mine was (LOA 15,XXX) - (Casa Quotation 24,XXX) - (Participation fee - 4,8xx)

[lovemachine_23]

Hi! Mr. Lovemachine,basta confirm mo sa lang sa SA mo na wala kang ibang perang ilalabas maliban sa participation fee mo pero lahat ng pina cover mo sa insurance magagawa.same thing happened to me I ask them bakit mag kaiba LOA sa quotation, sabi ng SA ok lang yan sir may mga discount pa kase ang insurance company samin.mine was (LOA 15,XXX) - (Casa Quotation 24,XXX) - (Participation fee - 4,8xx)

Ahh ok, good to know, i was thinking na kung ano inestimate ni casa, ganun ibibigay ni insurance. salamat sa info!

[benchman]

re-posting this. i posted it at a wrong thread,,, my apologies to the admin.

need your help mga sir/ma'am,

i accidentally hit a curb at a parking lot 2 weeks ago, minor damage lang naman with a few small yet deep scratches sa front bumper. since may mga maliliit na tama na rin naman yung bumper(own damage also) kaya naisipan kong ipasok na lang sa insurance(BPI/MS) para idamay na yung previous damage for repair/ claims. calling the insurance company hot lines really gave me a hard time, there's no way i could talk to any person to whom i can address my concern because all there was are automated answering "robots" that led me to nowhere. sobrang inis ko talaga.

and so i tried sending an email instead. me declaring the accident as my own damage then asked what documents would they need for a claim...they replied and i had provided everything as what they had instructed and sent it via email. sabi pa nila; there's no need to bring the car to their motor car drive-in center to have it inspected then evaluated for the damage if i can have it pictured clear with the damage showing the license plate and a close up shot of the damage itself. i have it done then send it to them. included also is the job estimate from toyota taytay where i brought the car for an estimate amounting to php 8,500.
the waiting game ends tonight with a surprise after reading the email they had sent me;

Sir,

Good evening!

Please be informed that your claim has been approved already and be guided
on the computations below:

Approved amount (based on Toyota Taytay's estimate net of
discount) P 7,650.00

less deductible (participation fee)
6,412.50

---------------------
Initial Net Claim
P 1,237.50

Please advise us if we will now issue the LOA to Toyota Taytay. Your
participation fee amounting to P 6,412.50 is payable to your preferred
shop.

Thank you.




guys, sa policy ko was clearly stated that deductible is * php 3,760.00. they are charging me with the amount of 6,412.50?
it's my first time doing this and so i need your advice. i haven't replied that email yet and i have no plans calling the crap hot lines again.
i have it here attached some documents for reference;

job estimate

Attachment 31681

policy

Attachment 31682

damage




i haven't tried somewhere else outside the casa to have it estimated for the repairs. though i can abort the claims, at baka mas makamura pa siguro kung sa labas ko na lang ipagawa.

[papi smith]

Did you declare the damages as separate incidents? Ask them first why their applied deductible is not as stated on the policy.

[soulfly023]

2 participations I apply sayo= 2 accidents

[dr. d]

2 participations I apply sayo= 2 accidents

i know of some people..
damages that light and that low.... pinapa-bayaan na lang nila. bumper naman... doing what it's supposed to do..
hindi naman kakalawangin, e.

i know also of other people.. newbie owners.. kahit gaano ka-liit.. hindi na makatulog.
i was like that once, when i was much younger and more energetic..

today, i'd either just let it be, or i might look for a silver spray can and DIY, to minimize visibility..
pinapa-dami ko muna, para "mas sulit" pag pina-gawa..

i hope the insurance guys make it easy for you, sir.

heh heh.

[benchman]

gusto ko lang naman sana mapakinabangan yung insurance kahit papaano. i was paying for it anyways and to have peace of mind just in case kaso sintemyento yata ang ibibigay sa akin nito

update;

i sent an email last night and asked about it, they replied;

Hi Sir Arnold,

Good morning! Per checking, policy coverage that will respond to your claim
with date of accident 01/22/2016 is your previous policy with coverage
period of 01/29/2015 - 01/29/2016 with a participation fee amounting to
P6412.50. Your participation fee amounting to P3760.00 is for your policy
coverage for 01/29/2016 - 01/29/2017.

Thank you.


what?! i tried calling the hot line this morning to no avail, damn hot line!
kung kailan paalis pa naman ako and i would be busy the whole day.

[dr. d]

gusto ko lang naman sana mapakinabangan yung insurance kahit papaano. i was paying for it anyways and to have peace of mind just in case kaso sintemyento yata ang ibibigay sa akin nito

update;

i sent an email last night and asked about it, they replied;

Hi Sir Arnold,

Good morning! Per checking, policy coverage that will respond to your claim
with date of accident 01/22/2016 is your previous policy with coverage
period of 01/29/2015 - 01/29/2016 with a participation fee amounting to
P6412.50. Your participation fee amounting to P3760.00 is for your policy
coverage for 01/29/2016 - 01/29/2017.

Thank you.


what?! i tried calling the hot line this morning to no avail, damn hot line!
kung kailan paalis pa naman ako and i would be busy the whole day.

well, it would appear, that just attempting to call them up, ay nawalan na kayo ng peace of mind..
i hope you get thru soon.