Porsche 944 Engine Fire

[seningen]

Originally Posted by thstone

We, ah.... worked it out with the insurance company.

Their first offer was $8,800. I countered at $18,000. They did what all insurance companies do and lied.

First, they said that a 944 base (which they used for valuation) was the same as a 944 Turbo. Not true. That is like saying that a Boxster base is the same as a Boxster S.

Second, they said they would only use "local" comps. Not true.

Third, they said that they would only use comps within 1 model year. Not true.

Fourth, they said that they could only add value for the cost of the actual replacement engine but not any of the labor. Not true.

At the end of several back and forth discussions, we settled at $15,200.

Classic insurance BS

Be interesting to see what it fetches.

Probably a few $k in parts needed depending how much the fire was contained.

M