I'm going through a claim right now. I get my taxes back. Who you with?

 

I will ask Mrs aj for you. She is an insurance agent in Ontario. Get back to you

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The point of insurance is to make you whole. TD insurance don't offer full replacement, so they call around all over Ontario to get an idea what it costs at a dealer to buy a used exact sled with same km's. Then pay you out.

 

I'm with TD....and supposedly they called two local ski-doo dealers and they came back with a $11,000 dollar market value....

 

I'm with TD....and supposedly they called two local ski-doo dealers and they came back with a $11,000 dollar market value....

just don't accept it. They'll come back with better offer.

How many km's?

 

The point of insurance is to make you whole. TD insurance don't offer full replacement, so they call around all over Ontario to get an idea what it costs at a dealer to buy a used exact sled with same km's. Then pay you out.

I've never known an insurance company to "make you whole". After your deductible and then depreciation how can you be whole?????

 

Apparently you can not get full replacement value on recreation vehicles like you can cars in Ontario. Like you said they pay you out on it as per the value as if it was a used sled. They don't pay the tax, just like you wouldn't expect someone to pay the tax (you lost) if you were to sell them your sled privately. Don't shoot the messenger, just what she said

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You are suppose to get the taxes if you buy another one. In other words, you are getting paid for the average market value plus your extras plus applicable taxes if you replace the sled.

 

I've never known an insurance company to "make you whole". After your deductible and then depreciation how can you be whole?????

It is whole. Pay you what your sled is worth used.

 

You are suppose to get the taxes if you buy another one. In other words, you are getting paid for the average market value plus your extras plus applicable taxes if you replace the sled.

This is how it worked for my truck that was totaled. I received the taxes. This is news to me because I have to pay the taxes to buy a new one. I'll see Thursday. I have 9 vehicles with TD so were gonna be at odds if this is correct.

 

Here's a quote from insurance hotline.

The current value of the vehicle is considered to be the amount that the vehicle could have reasonably been sold for prior to the claim. The value is determined by the retail selling price of a similar vehicle, while taking into account considerations such as mileage, condition of the vehicle, upgrades, prior damage and so on.

If your vehicle is considered a write off, your insurance company will calculate the vehicle's cash value, including taxes and offer you a cash settlement for that amount. It is then your responsibility to buy a replacement car with the cash settlement.

 

Following.

 

How many miles are on it? I'd be happy to almost break even.

 

dude...that is not too bad. do you have any other leverage with them such as other vehicles? it also depends upon how long you have been with them (they won't tell you that). But, you are not doing too badly if that is your deal IMOP. did you have any tools that were broken or helmet that was messed up? they replaced my helmet too. If you have an accident and even bumped your helmet, just replace it, they will cover it, or should. Goggles or glasses ...a watch?? finger nail...you get the picture

 

If it was taken to a storage facility, you have an ACE up your sleeve. The insurance company is on the hook for storage costs till you sign off the claim. Could be 50 to 100 bux a day. You don't have to accept their offer and take it to arbitration. They don't want to pay storage fees during arbitration.

If not at a storage facility, disregard the above.

The next step is to tell the adjuster, you think they're light on their offer. Follow that up with the comment, you'll talk with your lawyer and ask his/her advice.

You'll get a fat cheque. :laugh_old:

 

I had 600 miles on the sled....on the Bill of sale it said total goods purchased ($13,800, includes pdi) then my trade in value (6000)...total tax paid was roughly $1050...I am stumped because I
got full value and taxes back for my suit and Helmet....My helmet is cracked from bouncing off the tree and my coat/pants is in a hundred pieces from being cut up by the paramedics/doctors due to the multiple fractures I sustained....I am just happy that i am going to make a full recovery and I am really not going to fret over a 1000 bucks...I think the claim lady just misunderstood my bill
Of sale and did not take account the taxes i paid...I am going to write back to her in a friendly manner about the tax thing...either way I loss 2 grand but still got some use of the snowmobile I guess...I knew I would not get everything back because the sled was used

 

Really depends on your policy and how it is worded...to me I'd say that is a pretty fair deal. I've been fortunate my agents (independent agency) are awesome and knowledgable so they treat myself and others well!

 

I had 600 miles on the sled....on the Bill of sale it said total goods purchased ($13,800, includes pdi) then my trade in value (6000)...total tax paid was roughly $1050...I am stumped because I
got full value and taxes back for my suit and Helmet....My helmet is cracked from bouncing off the tree and my coat/pants is in a hundred pieces from being cut up by the paramedics/doctors due to the multiple fractures I sustained....I am just happy that i am going to make a full recovery and I am really not going to fret over a 1000 bucks...I think the claim lady just misunderstood my bill
Of sale and did not take account the taxes i paid...I am going to write back to her in a friendly manner about the tax thing...either way I loss 2 grand but still got some use of the snowmobile I guess...I knew I would not get everything back because the sled was used

My wife's boots and pants are burnt. They won't cover those because she wasn't injured. They have to go through house insurance. If she was injured then it's covered under the accident benefits part. With your bill of sale regardless of trade, is 13800 plus taxes. I think you should be around 12500 plus taxes, plus accessories for your sled. I just paid 9500 plus tax for a 2013 Gade to get her through the season.

 

Shhhhh...............you dun good

 

It is a used sled when u take it home so it is not considered brand new anymore.

 

Jebus man, sounds like you are lucky to be typin' : )

Pm me, I'm in Bruce county...

As to the claim, as others suggested, the insurance company calculates what it would take to buy a 2015 with 600 miles on it...for the 13,000 they gave you, you could find a new leftover, and work on the dealer for warranty....and end up witha 2015...with zero miles...

 

So I was offered 11600 plus taxes for mine today. 13009 with the 100$ deductible. I refused. I paid 16057 with accessories. I told them to call me back when they're at 14600$. So she's calling me tomorrow.

 

So I was offered 11600 plus taxes for mine today. 13009 with the 100$ deductible. I refused. I paid 16057 with accessories. I told them to call me back when they're at 14600$. So she's calling me tomorrow.

I am being offered $13500 and I paid $14,800 when you factor in my trade in but it would have been $16,000 like your situation if I didn't have a trade in. I tried explaining this to the claims lady but it was like talking to a rock...probaly just going to cave and accept it....let me know how you make out!

 

When you added accessories, did you notify your agent/company? Many insurance companies use value of the sled as a starting point for the rate, then add in depreciation in from there. The customer generally sets the starting value. If you told them 12k, but had more into it you will come up short.

It all depends on how the company writes sleds. It doesn't matter who you insure with... Until it matters.

 

My maverick was stolen 2 weeks old and I got full price plus the tax. But I didn't get the extra to pay the loan off so still had a loss