For those that had your TRX stolen or totaled, what did insurance do for you?

[CanTRX]

I have no clue lol I know there’s tax difference but idk how much it is. I’m willing to come down and drive it home though

Theres a lot of paperwork to get ready to bring a new vehicle across the border - I did it a few years ago with a motorcycle and it was a nightmare.

 

[NicoleG98]

Hello - I think you made out pretty good - Mine was stolen in Toronto in december and it took about 6 weeks to get it all finalized. I was able to find a new one coming to a dealer in Quebec so i put a deposit on that as soon as I could.
It sounds like you got more than you paid maybe for it?
Mine was a 2021 and only had 26000kms on it (level 2 also) but I didn't get that much back. Cost me about $17k to get a new 2023 with the same options.
95% of the dealers in Ontario are asking + $10-$20K over asking and thats why i went to Quebec.
I hope you're able to get a new one soon.

Hi! After clicking thru all the dealers listed on Ram’s website, I was able to locate a new Havoc edition with MSRP price lol. Very lucky I know!! It’s already here in Ontario and I’m picking up next week. And yes, the insurance paid more than what the vehicle price is, but I bought about 10K add-ons(extended warranty etc) and those are not included.

 

[Exec_TRX]

Hi! After clicking thru all the dealers listed on Ram’s website, I was able to locate a new Havoc edition with MSRP price lol. Very lucky I know!! It’s already here in Ontario and I’m picking up next week. And yes, the insurance paid more than what the vehicle price is, but I bought about 10K add-ons(extended warranty etc) and those are not included.

All of those addons will be canceled and reimbursed before the closure of your loan/reimbursement

Extended warranty
GAP (if not used)
Maintenance plan
Tire and wheel

Those four are all cancelable. You have to tell your financing bank to cancel them, or do it yourself depending on the circumstance,

 

[Iangol]

Hi all!!
My insurance payoff is finally here - after a month of waiting. The insurance paid me about $168,500(CAD) which I think it’s not too bad for a 2022 lvl2. Unfortunately I can’t use this cheque to buy a new TRX, they told me I have to pay off my finance to the vehicle first. And there’s really not any new TRX in Toronto area lol. If you have an order coming up and are willing to transfer, please let me know

so Nicole they covered the taxes and luxury tax also ? im with Dejardins and have 5 year guaranteed replacement, i know its almost impossible to get a new one ever again,, but nice to know the payout was right,,, 416 too

 

[NicoleG98]

so Nicole they covered the taxes and luxury tax also ? im with Dejardins and have 5 year guaranteed replacement, i know its almost impossible to get a new one ever again,, but nice to know the payout was right,,, 416 too

Yup they did! I’m with intact and those guys were very quick on the payout. Also I was very lucky to find a new havoc at MSRP and it delivers fast lol

 

[Iangol]

Yup they did! I’m with intact and those guys were very quick on the payout. Also I was very lucky to find a new havoc at MSRP and it delivers fast lol

Good To know, i got all my security done lol, so hopefully its only drivers windows to replace lol

 

[CanTRX]

Hi! After clicking thru all the dealers listed on Ram’s website, I was able to locate a new Havoc edition with MSRP price lol. Very lucky I know!! It’s already here in Ontario and I’m picking up next week. And yes, the insurance paid more than what the vehicle price is, but I bought about 10K add-ons(extended warranty etc) and those are not included.

thats great news for you. Nice to hear theres still a dealer willing to sell for MSRP.

 

[NicoleG98]

Good To know, i got all my security done lol, so hopefully its only drivers windows to replace lol

Yeah well a friend of mine has engine immobilizer and the thief broke her interior (like broken broke) trying to start the truck lol

 

[Millertime]

My TRX was stolen last year. Paid cash for it so did not have to deal with loan payoff. My insurance gave me “market value” which was close to what i paid for it but did not include upgrades like power mopar running boards, power retrax bed cover, color body wrap etc…no gap insurance for me so i was out 10k+. Bought another TRX with IGLA and extra gps tracking now. Word to wise never bring your Rex to the airport. Thats where mine was taken and i know a couple other guys who have lost their TRXs at the airport while on trips.

 

[staapes57]

Anybody else got an experience to share? I'm waiting on my insurance company to determine the payout amount. My level 2 TRX was stolen earlier this month. My insurance company is taking forever to determine the value, which apparently needs to be approved by a "director" since the value is above $80k. It has been almost 20 days since they told me they were processing it as a total loss and would be determining the payout amount. I'm trying to get an idea of how much I should expect. Mine had < 10k miles on it, 2022 year.

 

[CanTRX]

Anybody else got an experience to share? I'm waiting on my insurance company to determine the payout amount. My level 2 TRX was stolen earlier this month. My insurance company is taking forever to determine the value, which apparently needs to be approved by a "director" since the value is above $80k. It has been almost 20 days since they told me they were processing it as a total loss and would be determining the payout amount. I'm trying to get an idea of how much I should expect. Mine had < 10k miles on it, 2022 year.

mine took over 30 days - they told me they have to wait 30 days to see if the vehicle is recovered - and then they paid me market value - so they researched vehicles in my area and based it on that value. If you paid over MSRP you won't get that back unfortunately.

 

[Informal]

I don't have anything on topic to add, other than the fact that AAA is still insuring my 2022 TRX, for basically the same amount as my $40kish 2015 Sport, with similar coverage.

If you work for AAA... Keep your pie-hole shut!

 

[Al Bundy]

mine took over 30 days - they told me they have to wait 30 days to see if the vehicle is recovered - and then they paid me market value - so they researched vehicles in my area and based it on that value. If you paid over MSRP you won't get that back unfortunately.

How does this work with “MSRP Demon 170’s”, are people who paid over sticker SOL in the event a theft?

 

[Counterfeit]

I don't have anything on topic to add, other than the fact that AAA is still insuring my 2022 TRX, for basically the same amount as my $40kish 2015 Sport, with similar coverage.

If you work for AAA... Keep your pie-hole shut!

Is AAA worth it? Thinking of swapping from Geico, they are offering me a better rate with a 12 month renewal.

 

[Exec_TRX]

How does this work with “MSRP Demon 170’s”, are people who paid over sticker SOL in the event a theft?

GAP insurance, and one that pays well, because most have a cap % of total value, usually like 137% or something. Any more than that, your F’ed

 

[staapes57]

Update: paid $10k under MSRP on my custom order TRX level-2. I added about $4k in aftermarket parts (power side steps including install $2k, tint $1k, tonneau $1k). Insurance company valued it at ~$3k more than MSRP despite it having 8k miles. I know that sounds crazy, but when you look at the market value, it adds up and may even be a little low. All I can say is I'm glad I bought it well under MSRP.

 

[Burning Dinos]

Mine is waiting on whether it is totaled or not. Doesn't look good. Some idiot went straight through a curve and drove into the side of me at 40 mph and slide down entire truck. I will update when I find out.

 

[BlueTRX]

Mine is waiting on whether it is totaled or not. Doesn't look good. Some idiot went straight through a curve and drove into the side of me at 40 mph and slide down entire truck. I will update when I find out.

Man
I'm sorry this happened to your truck

 

[Burning Dinos]

Man
I'm sorry this happened to your truck

Thank you! Loved that truck. I am still depressed and pissed off.