Agreed Value Car Insurance Is It Normal For Car Insurance Companies To Take Your Car After Filing A Claim?

Is it normal for Car Insurance Companies to take your car after filing a claim? - agreed value car insurance

Basically, I was in a car accident, I filed a claim against the insurance of another driver who has agreed to give me the face value of the car instead of repairing my vehicle. Today she called me and is willing to search the car and the title of my car in return for payment .. Is this normal? I never said I would give my car.

5 comments:

Sunidaze said...

You pay for the value of the car ... which essentially means that we decided it was a total failure ... If you accept the agreement, the car is his now and the money is to them. "I have two cars in recent years and the two vehicles were relatively new and have accepted the proposed solution, they towed (State Farm) vehicles one seat.

oklatom said...

Yes, if you total your car and enter the value of your vehicle at the time of the loss you have purchased your vehicle and the owner. You want to take a scrap yard and sold the parts to recover his losses, he bit. If you want to keep your vehicle to be able to insurance for a residual value, which will be deducted from your payment and you can keep the car if you want to buy.

Remember that most municipalities in the books a law against keeping a car are not authorized garbage on their property, unless the business out of sight in the garage.

vixen_00... said...

It does not seem right. Why do not you call your own insurance and asked if a legal problem? You need to contact with someone who deals with these issues. That seems a little lazy to me, who would not give everything, take your car. I look quickly, before they can reach the door.

Allan G said...

Yes, they pay for the car because they think they are worth it, because the imposition of the damage. The adjuster should have mentioned.

David M said...

If your car is declared a total loss (which) from your description as it sounds then yes, it is only natural that the insurance company, which to take the vehicle to change who pays the real value of the vehicle. Hold regardless of whether the car can of May, depending on the laws of the upswing in your area. Some can be explained by keeping the vehicle after a total loss. If so, is something that should be with the insurance.

Post a Comment