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your insurance co could owe you money

 
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Old 02 Dec 2003, 10:14 am
Cool Cruiser
 
Join Date: Mar 2003
Location: Cooper city, florida, USA.
Posts: 249
Default your insurance co could owe you money

if you are car is involved in an wreak, and the value of the car after repair is not the same as before then the insurance co. owes you the differance. example car is being traded in and the dealer offers you 15,000 trade, and now your car is in a wreak , after repair the same (or other) dealer only offers you 10,000 trade in because the car had been wreaked then the insurance owes you the 5,00 defferance again this is a FLORIDA LAW don't know about other states but just ask you or any insurance co. hope this helps some one.

this is a need to know
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Old 02 Dec 2003, 02:43 pm
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Join Date: Sep 2003
Location: Acworth, Georgia, USA.
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The same here in the state of Georgia. The wife's 300M was involved in an accident last Christmas and the driver of the other vehicle(at fault)insurance company sent us a check for the "diminished value due to the accident" based on some previous Supreme Court ruling.
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Old 02 Dec 2003, 07:19 pm
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wow i hope nobody ever needs that but it great to know !!
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Old 02 Dec 2003, 08:01 pm
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Location: Kernersville, NC, USA.
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Any California people here who would know if this applies for our state? This would go a long way towards making me feel better about the damage done to my PT three weeks ago.
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Old 02 Dec 2003, 08:42 pm
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Join Date: Oct 2003
Location: Jacksonville, NC, USA.
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Anyone know if this is the case in North Carolina? Seems like it should apply in all states, it only makes sense.
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Old 02 Dec 2003, 11:10 pm
Cool Cruiser
 
Join Date: Mar 2003
Location: Cooper city, florida, USA.
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Nehope,,,, IRPT,,,, I hope i have helped for one day i will call upon you for a favor, which you can not refuse...
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