993 Deceased

[David Koppel]

Dear All

On Saturday I managed to spin and write off my 2S Tip! Luckily nobody was injured (except a road sign) and no other cars were involved.

The car has been declared a total loss and the insurance company have started negotiations re value.

I will post pictures and describe the accident once everything has been sorted out.

I am insured through Adrain Flux with Norwich Union.

I have had the car for two years (and loved every second except the last 5) and it has done 87,000 miles, it was in excellent condition (I have the bills, FSH etc ) and used it as a daily driver.

I have not made claim from an insurance company for almost 30 years and am not sure how best to proceed.

I seem to have some difficulty in explaining that a 2S is the same as a carerra S which is different from a narrow body 993!!

The insurance company have requested all the documentation (originals) and then will reconsider their offer"¦..of £13K!!!!!

Please can you advise me how to proceed to ensure I get a fair settlement?

Should I deal with the broker or the Insurance company directly?

Should I get a solicitor involved (please say no!!)?

Should I just collect all the information they want and send it to them & then wait and see?

Is there anyone out there who will act for me (I am happy to pay a fee)?

Any help will be appreciated.

Thanks

David

 

[pauljmcnulty]

Glad to hear that no-one was hurt.

Did you have an agreed-value policy? Valuations are free to Club members. I don't know if this is retrospective but worth a try.

I've had some success with claims for 944 owners as I've got a degree of influence with insurers as a Register Secretary. Very limited, but worth talking to your RS.

Hope that helps!

 

[944s2]

List similar examples for sale prove spend on it over years prove car was good for year stick to your guns and dont accept first offer

Good luck

 

[jdpef356]

The insurance company have requested all the documentation (originals) and then will reconsider their offer"¦..of £13K!!!!!

Sorry to hear about this - at least you are OK.

The last poster was correct you need to prove market value. Get some details and prices from Hendon Way Motors (they are not cheap) and then copy from other publications - you might even ask the Register secretary for a written valuation based on year mileage and History.
Had you of wished to sell prior to this I would think for the S you would be looking at high twenties at least double the offer!
Good luck and keep us upto date.

 

[jdpef356]

Should I get a solicitor involved (please say no!!)?

Should I just collect all the information they want and send it to them & then wait and see?

Is there anyone out there who will act for me (I am happy to pay a fee)?

There is someone who post on this forum Julian Young (Juliany27) He may be able to help.

 

[jboult]

I had a total write off on a 944 some years ago - the first offer was just over half what was eventually agreed. To prove value my insurer just required adverts for 'similar cars' for sale. As I recall I sent in about a half-dozen photocopied pages, plus a description of my vehicle. Of course, choosing the appropriate value adverts from the specialist and Porsche magazines helps...

By the way, don't make the same mistake I did and buy the scrap back as a project car. It ended up costing me the settlement and more to put back together!

Cheers/John

 

[PGAdamopoulos]

I had an 1year and 1day old Discovery stolen from my drive-way some years ago; if it was under a year I would have had a full book value.... it took me 6 months to get the market value of the car.
Take your time and try to insist that your car was a "classic" and difficult to buy now, collect all your evidence about your car, its extras and its service history, or items in your car, get a valuation from PCGB and get as many as possible examples for sale in the market.
They will tell you that the market now has collapsed, you tell them that by the time the pay you the car will have been from a classic a collectors item.
Ask them when they will pay you and go back that many months, but do not play all your cards at once... the longer you wait the more money you will get towards a full market price.
Although you do not say what year was your car, I would guesstimate a market value around £19k, so ask for £22.5k and haggle down...
Good luck

 

[jdpef356]

Although you do not say what year was your car, I would guesstimate a market value around £19k, so ask for £22.5k and haggle down...
Good luck

The car a S (I take that to be the side body version) could only be 96-98. So your guesstimate of value is miles out[X(]
I doubt a replacement of this model could be purchased for under £27K.

Don't guess a value - get the hard copy documentation of replacement value for the insurance company

 

[Pickled Piper]

ORIGINAL: 944s2

List similar examples for sale prove spend on it over years prove car was good for year stick to your guns and dont accept first offer

Good luck

Yes spot on. Glasses guide and other industry handbooks are no use whatsoever with cars like a 993. Scour the adds; private and dealers and use this to support your case.
Good luck.

pp

 

[nickgardner]

you need to check the policy to see what it actually covers in terms of saying anything about value

assuming it is market value the previous posts have got it about right as to how to try to persuade them

on value I keep an eye on S prices just out of interest and price from a dealer for that spec car wont be far off 30 grand, even in these troubled times

ultimately if you can't get sense out of them get a decent solicitor - but avoid "claims handlers" and other unregulated third parties

also if you do get into a bit of a dispute with them its at least possible any loss adjuster they appoint will check there isn't any means they can avoid the policy - such as undeclared convictions, modifications to the car they don't know about etc.

 

[tudorbroach]

Hi David,

Sorry to hear of your loss. I also wrote off a 993 not that long ago and as my Car was of similar specification to yours it may be of some relevance. From my experience you have to stress that it is a 911 (993) Carrera S. Describing the car as a 2S will meen nothing to them. I wrote my Car off in December 2005 when the market was probably a little stronger. Mine was an August 1997 (R727 KFB) Manual gearbox Carrera S in Silver and was well specced with 18" Turbo Wheels, 10 speaker Hi-Fi with Nokia DSP, Trip computer, Exhaust Sound package with sports pipes, Tracker, etc. etc. I can not recall the exact mileage but it was approx. 55,000. The car was in excellent condition and I had photographs of it not long before accident.

I was also insured with Norwich Union ! They paid me £35,000 less excess, so think you should be aiming for high 20's, i.e £28,000 allowing for mileage and market conditions.

If you need any more info send me a message.

Best of luck.

Mark Thompson

 

[jdpef356]

Exhaust Sound package with sports pipes,

All good sound stuff - but be very careful not to list anything that a loss adjuster we see as reason to not think the
car was anything but standard![:-]

 

[LK_991GTS]

Are you sure it's a widebody? I'm not absolutely certain, but it might be that your correct model designation is Tiptronic S which I don't think is a widebody.

 

[David Koppel]

Dear All

thanks for the helpful advice, I will keep you informed of progress.

Lawrence: Yes I am sure

David

 

[ubertub]

Firstly, very sorry to hear of your accident... if you do get the chance to buy back the car for a bargain, it would be a good idea to break it as parts for 993s are thin on the ground.
When I was pushed under a lorry in my Elise (not a nice experience at all) the third-party insurers were taking their merry time in sorting out the claim. That was until I involved one of these ambulance-chaser solicitors who got me a courtisy car at an grossly exaggerated rental. Realising they would most likely be responsible for settling the claim in my favour, including the car rental, they were very quick to make a reasonable offer. This was based upon current adverts for similar cars. So, as someone else suggested, I'd be photocopying from the top-end sellers.
Additionally, you can try to argue that any courtisy car should be of a similar status to your car as you have a professional image to maintain.. blah blah.. If you have a courtisy car policy.
I'd be wary of sending original docs to some teenage clerk with a ADHD. Use a recorded post service as a minimum precaution.
Just stick to your guns and don't let them bully you into accepting a lower value... it's somone's job to pay you as little as possible.
Good luck
mik

 

[jdpef356]

I seem to have some difficulty in explaining that a 2S is the same as a carerra S which is different from a narrow body 993!!

David

Your car the 'S' model was indeed rare - as you are aware only supplied in 96-98. To assist in stressing how rare the model was the total production figure for UK cars for the three years was 95. this was made up as follows: 1996-18 - 1997 -74 and 1998 just 3.
I do hope this helps you establish just how rare the car is/was.

 

[Mark Elder]

Wow - I did not realise S numbers were that low - no-wonder they command the premium that they get.

Is that just 2S figures or does it include 4S?

PS - David - really sorry to hear your news [] Can't imagine how I'd feel.

 

[jdpef356]

Is that just 2S figures or does it include 4S?

Mark
The figures I gave were for 2S Coupe Tip S (which was the Deceased car)[]

The 4S was total 181 and 96-92,97-52 and 98-37.

 

[tudorbroach]

John,

'Exhaust sound package and sports tail pipes' are factory/dealer fit options (Part no. 000 044 200 00) not aftermarket add ons !

Regards,

Mark Thompson

 

[turboww]

I went through the same mill with my 964 turbo, the first offer from a loss adjuster - The one that is paid to reduce the insurers loss - Was rather poor....

Did all of the above regarding similar versions for sale, but also added a testimonial from the indie that serviced it as a guide to whether it was a good one and what sort of condition it was in.

It worked and I got paid what I thought was fair.

Not only that but when I replaced it with a 993tt the price to insure it was still fair.

Thank you AON.