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Tractor Talk Discussion Board

Re: Life isn't fair some days


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Posted by jimg.allentown on March 29, 2015 at 16:35:22 from (108.36.213.96):

In Reply to: Life isn't fair some days posted by Gary from Muleshoe on March 29, 2015 at 06:32:25:

Here in PA, most insurance companies will try to pay low wholesale price on an totaled vehicle. It usually takes an attorney to get much better of a settlement.
Repairing a vehicle that has been "totaled" by an insurance company is littered with red tape and regulations. First problem is that the insurance company takes title to the vehicle when they pay out. If you buy back the "salvage," you are then issued a salvage title. In order to ever put the vehicle back on the road LEGALLY, it has to be repaired by the state's rules, then certified safe for highway use by a certified rebuilder, and then a new "reconstructed" title is issued. This reduces the value of the vehicle drastically. I bought back one salvage only because I had just put a freshly rebuilt transmission in it. Stripped it for parts, and junked the rest.
Sad that you now have to deal with an insurance adjuster and his company's policies. I don't know how some of those people can sleep at night.


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