Teh Official "Ask an Insurance Adjuster" thread

***CaliGuy*** · 07-27-2007, 05:18 PM

Ask away. I've been doing this for almost 4 years. I now mainly do litigation.

I can answer most general questions for out of CA. I can answer difinitively re CA...

***07BlakBlak*** · 07-27-2007, 05:37 PM

O thank god. Look, I got rear-ended. Geico cut the check for the repair. Is there any way other than taking them to court that I can collect for depreciation on my car? Being in the business.....I would take off 1000-1500 for the accident on Carfax. It is simple....if there is an accident on carfax your car is worth less to a dealer and to the next owner. How do I push them into giving me a small amount?

***CaliGuy*** · 07-27-2007, 05:43 PM

Quote:

Originally Posted by 07BlakBlak

O thank god. Look, I got rear-ended. Geico cut the check for the repair. Is there any way other than taking them to court that I can collect for depreciation on my car? Being in the business.....I would take off 1000-1500 for the accident on Carfax. It is simple....if there is an accident on carfax your car is worth less to a dealer and to the next owner. How do I push them into giving me a small amount?

You're talking about "diminished value". In short your SOL on that.

Reason being: You can't really prove it without having the car appraised like the day before the accident and then selling it immediately after repair. Yes, that's essentially the answer you will always get.

The only state I know of that honors this type of claim is Georgia, they actually have a formula for it.

You could always take the at-fault driver to small claims and give it a try...can't hurt...PM me if you wanna go that route and I'll help you out...er...as much as I can if outside CA

Deedle · 07-27-2007, 05:59 PM

Quote:

Originally Posted by CaliGuy

You're talking about "diminished value". In short your SOL on that.

Reason being: You can't really prove it without having the car appraised like the day before the accident and then selling it immediately after repair. Yes, that's essentially the answer you will always get.

The only state I know of that honors this type of claim is Georgia, they actually have a formula for it.

You could always take the at-fault driver to small claims and give it a try...can't hurt...PM me if you wanna go that route and I'll help you out...er...as much as I can if outside CA

Thats good info to know, I've had my new Si a month and already theres been about 13 people almost hit me! about 7-8 of them cutting acrossed parking lots not paying attention.

Tommygun43 · 07-27-2007, 07:02 PM

How do I get into insurance adjusting...who do I approach to get into this field?
Do you work for a insurance company or private company?

***CaliGuy*** · 07-27-2007, 07:04 PM

Quote:

Originally Posted by Tommygun43

How do I get into insurance adjusting...who do I approach to get into this field?
Do you work for a insurance company or private company?

I work for an insurance company. You don't want to get into this industry! Most people quit within a year. if you are VERY motivated and want to move up then go for it, if not...move on, because low level adjusting sucks!

You pretty much need a 4 year degree and that's all to get started.

Tommygun43 · 07-27-2007, 07:14 PM

what sucks about it?

***CaliGuy*** · 07-27-2007, 07:24 PM

Quote:

Originally Posted by Tommygun43

what sucks about it?

Way too much work, high stress, dealing with pissed off people all day. I moved up 2 positions in 3 years and will probably be a supervisor soon. I moved up VERY fast comparatively. Now I just chiiiiilllll...

raycl · 07-28-2007, 12:07 AM

Quote:

Originally Posted by CaliGuy

Way too much work, high stress, dealing with pissed off people all day. I moved up 2 positions in 3 years and will probably be a supervisor soon. I moved up VERY fast comparatively. Now I just chiiiiilllll...

I contract out, I love it when I have too much work.
Just means I'm makin' mo' money.

***CaliGuy*** · 07-28-2007, 12:34 AM

Quote:

Originally Posted by raycl

I contract out, I love it when I have too much work.
Just means I'm makin' mo' money.

Are you an independent adjuster?

raycl · 07-28-2007, 12:37 AM

Yes I am.

***CaliGuy*** · 07-28-2007, 12:39 AM

Quote:

Originally Posted by raycl

Yes I am.

I had an offer to do that a few months ago. Most of em were making about 90k a year, but the office was just too far for me to drive. What company do you work for?

raycl · 07-28-2007, 12:43 AM

I work for myself. I do Classic, Heavy Equip, Mech Warranty,lease turn back and just about anything automotive. I probably have done work for your company. lol

I'm contracted with about 15-20 dif companies.

***CaliGuy*** · 07-28-2007, 01:15 AM

Quote:

Originally Posted by raycl

I work for myself. I do Classic, Heavy Equip, Mech Warranty,lease turn back and just about anything automotive. I probably have done work for your company. lol

I'm contracted with about 15-20 dif companies.

Ok, so you're an appraiser then?

raycl · 07-28-2007, 01:19 AM

Quote:

Originally Posted by CaliGuy

Ok, so you're an appraiser then?

Yes.
I do have an adjusters license.

***CaliGuy*** · 07-28-2007, 01:42 AM

Quote:

Originally Posted by raycl

Yes.
I do have an adjusters license.

We don't have licenses for adjusting here in Cali...I know many states do though...

raycl · 07-28-2007, 02:06 AM

Not required here either, however with that and being I-CAR Platinum
Certified gets me the work and money I need.

***CaliGuy*** · 07-28-2007, 02:09 AM

Quote:

Originally Posted by raycl

Not required here either, however with that and being I-CAR Platinum
Certified gets me the work and money I need.

Gotcha, California doesn't have any sort of licensing for adjusters. Appraisers IDK...

07-27-2007, 05:18 PM	#1 (permalink)
*CaliGuy* VIP Member Join Date: May 2006 Location: SoCal Age: 30 Posts: 10,520 J. M. back by popular demand! iTrader: 4 / 100%	Teh Official "Ask an Insurance Adjuster" thread Ask away. I've been doing this for almost 4 years. I now mainly do litigation. I can answer most general questions for out of CA. I can answer difinitively re CA... __________________ Visit my city! Free vagin for every resident (in direct contrast to the other cities that only provide free Fleshlites!) http://eat-mykhram.myminicity.com/

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
The official "Ask a *** man" Thread	NewbTuner	Water Cooler	478	02-28-2008 12:12 AM
Official Transformers Thread: Movie and other stuff	Alex26	Movies & Music Reviews	708	01-04-2008 09:36 AM
Meet #2: The Official BBQ Thread	FujiBlueSi	North-East	329	08-03-2006 11:25 PM
Official Super Bowl Thread!	webby	Water Cooler	21	02-06-2006 02:33 PM

07-27-2007, 05:37 PM	#2 (permalink)
*07BlakBlak* Big Froggin Join Date: Jun 2007 Location: Squat Rack Posts: 2,120 iTrader: 0 / 0%	O thank god. Look, I got rear-ended. Geico cut the check for the repair. Is there any way other than taking them to court that I can collect for depreciation on my car? Being in the business.....I would take off 1000-1500 for the accident on Carfax. It is simple....if there is an accident on carfax your car is worth less to a dealer and to the next owner. How do I push them into giving me a small amount?

07-27-2007, 07:02 PM	#5 (permalink)
Tommygun43 Senior Member Join Date: Nov 2006 Location: Glens Falls, NY Age: 29 Posts: 393 Tom iTrader: 0 / 0%	How do I get into insurance adjusting...who do I approach to get into this field? Do you work for a insurance company or private company?

07-27-2007, 07:14 PM	#7 (permalink)
Tommygun43 Senior Member Join Date: Nov 2006 Location: Glens Falls, NY Age: 29 Posts: 393 Tom iTrader: 0 / 0%	what sucks about it?

07-28-2007, 12:37 AM	#11 (permalink)
raycl Senior Member Join Date: Oct 2006 Location: West Des Moines Age: 40 Posts: 664 Ray iTrader: 0 / 0%	Yes I am.

07-28-2007, 12:43 AM	#13 (permalink)
raycl Senior Member Join Date: Oct 2006 Location: West Des Moines Age: 40 Posts: 664 Ray iTrader: 0 / 0%	I work for myself. I do Classic, Heavy Equip, Mech Warranty,lease turn back and just about anything automotive. I probably have done work for your company. lol I'm contracted with about 15-20 dif companies.

07-28-2007, 02:06 AM	#17 (permalink)
raycl Senior Member Join Date: Oct 2006 Location: West Des Moines Age: 40 Posts: 664 Ray iTrader: 0 / 0%	Not required here either, however with that and being I-CAR Platinum Certified gets me the work and money I need.