Man that sucks....You can't repair a flash flood damaged car and make it work like it used to. There will be all kinds of Electrical issues + major depreciation Not worth it.
They need to just get rid of it and cut you a check........

 

I work for Geico and the usual procedure for a flooded vehicle is once the water level hits the seat cushion, it is a total loss. From the pic it looks like the water level did hit the seat cushion so it does look like a total. I am in NY so I am not sure if the same rules apply in FL. But seeing that FL is a state that is more prone to floods compared to NY, it is a good chance the procedure is the same. Also that looks like its fresh water because if it was salt water the procedure is once it is flooded it is automatically a total loss (regardless of water level) due to corrosion. Hope everything works out and good luck.

 

OMG!! that's freakin terrible

 

Might be just the opposite. Higher likelyhood of claims of a certain type may result in the threshold or trigger point being higher. We are talking about an insurance company.

 

He's actually correct. Salt water is an automatic total. Fresh water is a bit different because it doesn't cause corrision in the same way that salt water does. Generally its a liability thing, if the car is flooded and they 'fix it' but two months later it catches on fire and burns down your house and kills your dog you're gonna sue for big bucks.

Just remember total doesn't mean it can't be fixed in sone cases as good as new. It just means it costs 'usually - but varies by states, companies etc' that its about 70% of the cost to fix so it just gets replaced.

 

I'm sorry to see the G in that condition. Usually water damage cars are considered a total loss but you never know these insurance companies

 

Yes you are correct. Geico uses a 75% threshold which means if the estimate to repair cost more than 75% of the market value of the veh, it will be total. Doesnt mean it cant be fixed at all. Some companies use lower thresholds for example rental companies. The first thing they are going to do is see if turns on and then go from there.

 

So the trigger point is the same, and the frequency of occurrance is higher, the premiums are commensurately high - true?

 

Why do people make assumptions before their car is even looked at by an adjuster?

 

Why do people speculate on who will win a football game?

 

Damn dude, so sorry. I'm in boynton beach and it's f'd up around here. People stranded around here too. Still haven't left my community, I'm on an island!!!

 

I too work for an insurance company but I’d be lying if I told you I understood how those police prices are determined. I know that our actuaries who are a bunch of nerds (seriously – once overheard them cracking up about some joke in Excel) run major calculation to determine what the premiums should be. It's a lot more complicated than even frequency. I could get real complex with some examples but it’s a lot of typing – and I’m too damn lazy but frequency would only be a small portion of what they look at when issuing coverage in an area.

 

I hope all works out for you. That said, the time to think how an insurance company might pay a claim is when you purchase the policy...not when you need to file a claim. Good luck with your claim.

 

For grins you should ask one of the actuaries to weigh in.

 

Yeah I heard how complex it can be for actuaries and underwriters to determine rates but I dont work for that department. I am actually an adjuster and its completely different. I think another key issue for the OP is what the market value of his car will be. Thats where they will start with in determining if its a total or not.