08-09-2011, 07:46 PM
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CC Member
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Join Date: Feb 2008
Location: Plano,
tx
Cobra Make, Engine: Superformance, 408 525HP/490TQ, Mass Flow EFI
Posts: 180
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Not Ranked
Charles...one thing to add....
if there is any inclination of a "total loss", your insureance should subrogate on your behalf. Hopefully, you have a "stated value" policy (common with classic cars). that should the payout - end of discussion. Your insurance co should stand by that value and that's the value your insurance should try to get from the other insurance co. The appraisal is already done, it is the stated value of your insured value.
Otherwise, what is noted previously works (parts list etc., but it's the repair labor that will put it over the top, mechanical, body, paint, etc. I'd bet there is at least $16,000+ of labor and 4-6 months of work.
Francis
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