+1 to the above post.

You are inquiring about diminished value. Most staes recognize this damage. You will need to push it hard and need to get evidence of what a zero accident truck is worth compared to one that has damage history. Whats the at fault ins carrier?

 

Diminished value, that's it! Thanks!

How or where could I find out the difference in value?

At fault insurance company is StateFarm. We both have StateFarm but my insurance shouldn't even come into play in this situation, should it?

 

Doesn't make any difference. You won't be negatively affected in any way. There are companies that if you're rear ended sitting at a light (a couple of times) will raise your rates because "somehow you must be at fault too or you wouldn't be being rear ended". Who said all the nuts were in the nut house? I DID NOT make that up, some insurance companies are TRULY flakey. I always have used my own company when the other was at fault because they are one of the best and then I don't have to FIGHT with the other company about putting CHEAP aftermarket parts on. Let them bill the other company after the work is done. State Farm was kinda cheap here in Cal., but I understand they are better in other parts of the country. I spent over 30+ years in body work so I'm pretty familiar with the ins. companies.

 

A Scion getting rear ended? Should have totaled it. Not quite the same as your truck.

You're right, it's your truck. But you're going to deminish the value more with a painted bumper than the fact it was tapped in the rear will.

But yeah, it's your truck. You don't owe me any explanations.

At what point does it reach your definition of "being in a wreck"? %50? $500? $5000?

I can see deminished value if you have one which has had a new cab or roof or frame put under it, I also know those repairs can be donme right and be as good as new.

You got a little painting that'll be done at the extreme rear and blended in and a new rear bumper and bumper mount/hitch. Your frame ain't bent, it ain't dog tracking, the onkly damaged parts not replaced will be refinished as good as new ..... such is the state of painting these days. Any less and it's not a proper repair. If properly repaired, there is no deminished value except for the plain painted bumper instead of chrome.

It's your truck ...... I just don't understand all this looking for prices and such, not like your having to fix out of your pocket. That's all.

 

Living in NJ that is the first thing I did on my truck and the wife's except I got a longer shaft than the OP. It has stopped 2 rear ends with no damage to my truck both times. Left them on the road with radiator cracked.

Glad your ok OP.

 

Just got an estimate yesterday for new rear bumper on my '09 FX4 with reverse sensors. Someone backed in to my truck in the parking lot at work and ran. Estimate came to $1020.

 

I've been rear ended twice and let me tell you, they are a freaking life saver. The hitch on my truck has withstood 2 impacts at around 20-25mph and the other car never even touched my bumper, only scratched the hitch But yea, even if you do rarely tow or dont tow at all, a hitch will save you a lot of time and money with low speed rear end collisions. The fire department was even shocked when they showed up and saw a totaled car and a perfectly fine truck sitting in the road.

 

Haha the same exact thing happened to me ^

 

I just got quoted $2650 to fix everything

 

The Scion wasn't hit real hard so it didn't do a ton of damage to her car, just enough to need to be fixed.

If I do something to lower the value of the truck that's one thing but it's another thing if it's value is lowered because someone else hits it. If it's something I like that lowers the value then I really don't mind because it's what I want to do.

If trucks A and B are identical but A has never had any kind of work done to it and B has had to have body work done because it was hit, I'd go with A. Only reason I'd consider B over A is if it was a good bit cheaper. And my frame is bent and needs to be repaired...

I'm not looking for prices so I don't know why you think I am. I was just curious as to how much it would be. Like you said, I'm not paying it so I could care less how much it costs to fix. If the way I want it is cheaper than what was on there already, why not get that instead?

I was just wanting to make sure I asked/covered everything with their insurance agent to make sure I didn't leave anything out.

 

At that estimate amount. Diminished value isnt going to be much. Maybe a few hundred at best.

Always a lot of misinfo on these topics. It is a recognized 3rd party damage in most jurisdictions (havent researched TN) but is not always recognized for 1st party losses (Ie: under your policy=agreement with your insurer).

As far as rates go - every state is different as they all have different rating laws. These rates must be filed and certified by an actuary and then reviewed and approved by state employed actuaries based on the numerical and evidentiary support as well as compliance with applicabel state insurance laws, regs Bulletin, Departmental legal opinions and "desk drawer rules". Typically a "no fault" accident will NOT affect your rates.

 

Thanks zx12. (and if you currently have a sport bike I'm super jealous!!! Someone stole my 600RR out from under my carport about 7 months back)

I don't really expect to get anything because of diminished value but if I do, cool. It would be nice to get a few tanks of gas out of all this since it's such a hassle to deal with calling insurance company, getting truck fixed, finding rides to/from car rental, etc...

They are going to have to provide me with a rental car at the least because the dealership said it would be about 5 days worth of work and I don't have an extra vehicle of my own.

 

yeah, wonder how an aftermarket tow bar would hold up, since my truck doesn't have a factory tow package.