My sister and brother-in-law live in Minneapolis where they recently experienced a hail storm. My sister enjoyed watching the spectacle but later found that her 2001 Chevy Cavalier had been damaged. Here's her report and an interesting question.
The insurance company (Progressive) totaled my Cavalier. The cost to repair the (cosmetic) hail damage was higher than the listed value. We decided to keep the car and accept the check. We are stuck with a salvage title, but the car has low mileage and no obvious problems as of our last oil change. Joel decided that we probably wouldn't be able to find anything better for just under $4000, so it wouldn't be wise to give the car to Progressive just to get an extra $900 from the settlement. Even if the little pock-mark dents bothered me, a lady that works with airlines for insurance claims told me (while I was volunteering at the hospital) that sometimes the dents pop out if you leave the car out in hot sunshine. We'll see. Now we have $ to add to savings and still have a working car.What do you think? Are newer cars made of thinner metal? Cars from the 50's and 60's definitely were made of heavier steel. And today's cars are specifically designed with lighter components to increase mileage and performance. I wonder would a 1990 Jaguar have fared any better in a hail storm?
Joel noticed that the one "old" car in our parking lot didn't get dents from the hail. All of the cars that looked under 10 years old did. Are we using cheaper metal? Are you "safer" in an old "boat"?