Question"I have a jeep rubicon with full coverage and 3k in gap insurance, I also have an extra 15k insurance for all the modifications done to it upgraded everything but the engine, transmission, tourque converter. So tires, bead lock rims, axles, axle shafts, full body roll cage, air compressor on board, tie rod, sway bars front and back, tri link suspension, seatbelts, seats, winch, etc. In the off road community it was apprasied around 28-30k.So I daid for the extra 15k insurance. It has 50k miles on it kbb has it at 19k in perfect condition owe 16k on it. How will they work this? The guy who built it said it was a total lost anyways when he saw it. However there is a possibility some parts can be salvage off it? "
AnswerHello,
I don't know how your policy is set up, but by your discription with the gap the loan will be paid off and you will get the additional $15k.
As for removing parts, I don't believe the insurance company will let you touch the vehicle or they will not pay you.
With 20 years of claims handling I have never seen where an insured was allowed to remove parts once the vehicle was a total loss.
Http//:www.autotheftexpert.com
I was just wondering if you spoke with the insurance company in referrence as to if they told you that you could remove any parts. As I stated, it has been my experience this was never allowed, because in most instances they anticipate selling the vehicle for salvage and any removal of parts lessens the price they get for the vehicle at auction.
Http://www.autotheftexpert.com
