Hail Damage

My 2720 was sideswiped and totaled. My first offer was based on totally ridiculous "book" values.

I called all the dealers in 500 miles. went on Ebay, craigslist and some other RV sites and looked at recent for sale posts here.

With that ammunition I was able to get State Farm to raise the value to something reasonably close to actual retail.

I recruited my local dealer who did the repair extimate to talk to them. they kindly informed my agent that they couldn't find a 2720sl of that year to sell for that price.

[Mrfixit]

Adjuster called yesterday and offered $8560 if I sell it to them and $5516 if I keep it. I asked how they arrived at the numbers. They found an '04 3023 (I have a 2027) for sale at a site I'd never heard of and couldn't find later. It was listed for $8500. I asked if they were using the repair estimate from the TM factory from Ed Lytle, and they didn't know what I was talking about. The adjustor will send me the info and offer and I'll see what they've done so far. Ed's estimate was $12,900 for two new upper roof whole sections...

[knoxjere]

Thanks, Mrfixit. Our insurance company called Monday and told us they were totaling it and would call possible Tuesday, but no later than Wednesday with an offer. Well, its Wednesday at 7:36 and we did not hear from them, maybe tomorrow. It is an insurance adjuster's world...we can fight them, but eventually they have the final say.

[knoxjere]

We finally recieved an offer: $13401.50 if they take it and $10721.50 if we keep it. Now have to decide which to do.

[Mrfixit]

We also rec'd an offer: $6150 and we keep it. Our '03 2720SL is still useable so this will work for us. It was quite a fight with the insurance company, because the adjustors (we had 4 throughout this ordeal) weren't using the info from Ed at TM or the correct make/model as comps to arrive at a value. Their first offer was $3200. Finally asked my local agent to get involved and she was able to convince them to use the purchase price as a starting point since we bought the TM 2 weeks before the hailstorm.

Now we have to deal with a "salvage title" ...

I was told I would have a salvage title too for hail damage. I'm not sure how this works, but I have the title. Do they submit changes that won't show until a new title is generated (like if it was sold) ??

[knoxjere]

We called the Tennessee licensing authority and they told us that in Tennessee trailers are not issued a salvage title. So, I guess it is up to the individual selling a damaged trailer to be honest about it. It would be hard for us to hide hail dimples!