Car Totalled

[VolAgent]

yeah definitely your insurance company will help you.... that is why they are..... google it for more information, you will definitely get some help online......

You promise it will be as helpful as your post?

 

[b61mack]

In my car hauling days, I used to pick up lease returns. The problem with lease returns, they charge you for any damage to the car, dings scratches. they charge you for mileage overage.

 

[itstheinsurance.com]

Hello, my car was totalled and I also have gap, but my question is I now have to pay for a 25000 car when my previous car loan was down to 12000. I really dont want to start over. The other driver was ticketed for running a stop sign. can i get the difference (12000)from their insurance company? Thanks for any help. Let me know if you need any clarification. Ron

The insurance company's logic is that you can purchase the "same" vehicle for the price they pay. Technically you're at a gain since your have gap insurance coverage.

Not all things are fair but that's just the way it is.

 

[ralfgage]

Actualy the moment before he wrecked, he had a $7,500 car with a $12,000 loan.

I couldn't agree more. He got fair value for having insurance and should be happy.