Metlife thinks my 6GT3 is a CGT!
#1
11-17-2008, 02:06 PM
Join Date: Sep 2004
Location: The stars at night...
Posts: 574
Rep Power: 42 
Metlife thinks my 6GT3 is a CGT!
I called up to get coverage...give them the VIN, they give me a reasonable number and all is well. A week later I get a letter in the mail saying they are cancelling my coverage because they cannot properly value the car. I call up and the underwriter says the NADA database shows used GT3s at over $400k in value. 
I say "um, I think he is confusing my humble GT3 with a CGT." I have faxed them a buyer's order etc to try to convince them they have a case of mistaken identity. Hopefully it works.
Does this mean if I total it before my coverage is cancelled formally I get a check for $400,000+?!? Who wants to hit me?
I say "um, I think he is confusing my humble GT3 with a CGT." I have faxed them a buyer's order etc to try to convince them they have a case of mistaken identity. Hopefully it works.Does this mean if I total it before my coverage is cancelled formally I get a check for $400,000+?!? Who wants to hit me?
#3
11-17-2008, 11:40 PM
Registered User
Join Date: Jun 2005
Location: denver/Saudi
Age: 38
Posts: 3,115
Rep Power: 163 
#4
11-18-2008, 12:11 AM
I called up to get coverage...give them the VIN, they give me a reasonable number and all is well. A week later I get a letter in the mail saying they are cancelling my coverage because they cannot properly value the car. I call up and the underwriter says the NADA database shows used GT3s at over $400k in value. I say "um, I think he is confusing my humble GT3 with a CGT." I have faxed them a buyer's order etc to try to convince them they have a case of mistaken identity. Hopefully it works.
Does this mean if I total it before my coverage is cancelled formally I get a check for $400,000+?!? Who wants to hit me?
I say "um, I think he is confusing my humble GT3 with a CGT." I have faxed them a buyer's order etc to try to convince them they have a case of mistaken identity. Hopefully it works.Does this mean if I total it before my coverage is cancelled formally I get a check for $400,000+?!? Who wants to hit me?
#5
11-19-2008, 08:53 AM
Registered User
Join Date: Jul 2003
Location: Naples, Florida
Age: 50
Posts: 1,983
Rep Power: 110
The first year my olde man had his CGT, the insurance company based his premium on a regular Carrera... even with the higher agreed upon value. They figured it out when renewal time came along...
#6
11-19-2008, 09:46 AM
They are idiots. We have been fighting with MetLife for a year now. We have to have 4 different policies just to insure all of our cars. They thought out GT3 was Turbo and just left it at that. We had two claims this summer...the first two ever: one, the cayman got broken into (4K in damage); two, my moms 335 cab parking brake failed and it rolled into a tree (5K in damage). They called us up and told us they were canceling our policies. Their risk manager must be on crack because our policy is crazy money.
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