N. Harriet wrote:
>>>> A biker dropped his pannier in front of me on the freeway.
>>>> After dragging the saddlebag for 100 yards, I ran out of oil.
>>>> Turns out I gouged and dented my Q45 oilpan beyond repair.
>>> Shouldn't either his or your insurance cover this???
>> That depends on the insurance.
> All I have is liability. Nothing else.
> I didn't think anyone covers a car once it hit eight to ten years, do
Absolutely, but you have to weigh the cost against the benefits. Once the
book value sinks, it's often not worth it. A typical 10 year old car is
worth $1-2000. If you want something affordable, you need a high deductible.
If you have insurance for a $1000 car with a $1000 deductible, then in
theory, you would never collect, because the car would be considered totaled
if the damage exceeds book value. If it's worth $2000, and insurance cost an
extra $300/year, then unless you think there's a 1 in 3 chance of a serious
accident, it's still not worth it. Since insurance companies never pay more
than what a car is worth, it could be considered totalled if somebody steals
I live in an area of the US where cars are expensive, and so is insurance.
But comprehensive is about $50, and collision is about $80. My book value
is close to $6000, and my insurance company is pretty good at paying what it
would cost me to get a similar vehicle in my area.
I don't know what it costs to have a dealer replace an oil pan, but I know
it can cost $300-400 to have a simple hose replaced under some
circumstances. If this happened to me, I'd still be out at most $1000, but
I suspect that the part that the insurance company would pay would be
greater than my comprehensive payments.
If there were another driver involved and he was responsible, then he would
have to pay. But if he had no insurance, then my "uninsured motor vehicle
property damage" insurance would cover that. That cost me $3.65 on my
policy. In theory, the insurance company would still go after the other
person, but it would not be my problem.
Even without insurance, if you know who the other person is, he's probably
responsible. There's always small claims court. >> Stay informed about: Infiniti Q45 oil pan removal procedure