Will Insurance Cover Vehicle Being Sold and Check Bounces?

[b61mack]

You can get a warrant for his arrest, for theft, a Felony. But he maybe in the wind. If you gave him the title, he will sell it quick, sounds like a Nigerian scam. Get on the phone call every RV company you can in the southern states. Let them know that, your RV, was stolen, also fax a theft alert. Maybe even hire a private detective agency, time is the essense.
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Also call his bank and talk with the manager.

 

[djs]

Ironically, it is not theft, it is fraud. If you give someone the keys to your vehicle and they don't return it, the police will not get involved. They will tell you its a civil matter. I learned this the hard way once.

Bottom line: for a check this large, get certified funds. Go to the bank with the person and make sure the cashiers check is good. Whatever it takes.

Dan

 

[VolAgent]

Ironically, it is not theft, it is fraud. If you give someone the keys to your vehicle and they don't return it, the police will not get involved. They will tell you its a civil matter. I learned this the hard way once.

Bottom line: for a check this large, get certified funds. Go to the bank with the person and make sure the cashiers check is good. Whatever it takes.

Dan

Someone else told me that. You lend a person your car and they fail to return it, the police don't care. But then I was watching Alaska State Troopers the other day. Woman hired a guy to replace her brakes. He was done at 4pm, but failed to return it. They went looking for him and did a felony stop on him, pulled him out at gunpoint.

So I guess the moral is, it just depends on if the police will care or not.

 

[b61mack]

It looks like he was a one time poster.

 

[Sales71]

It looks like he was a one time poster.

Maybe is he out there looking for his RV. No access to the computer or net. It could happen

 

[InsuranceGeekNo1]

If you hand someone the keys, its not theft as described in the policy.

It is fraud, as in the check wasn't any good.

Just to set expectations, I would highly doubt the policy will cover this. I would file the claim, but I wouldn't hold out hope to have it covered.

Dan

If the policy covers "theft," this loss is covered. "Theft" is ANY act of illegally taking someone else's property...robbery, burglary, embezzlement, shoplifting, etc. Unless there is an exclusion for trick, scam, false pretense, voluntary parting, etc., the loss is covered.

 

[Tawnya]

Check your home policy. This falls under the definition of larceny. Larceny coverage my be limited, depends on state/carrier. Good Luck.

 

[BigIVU]

If your policy covers "theft" and you've complied with the likely requirement to report the theft promptly to the police and the insurer, you should have coverage. The theft took place in Florida and there is case law there that says it's covered.

 

[AgentProvocateur]

If your policy covers "theft" and you've complied with the likely requirement to report the theft promptly to the police and the insurer, you should have coverage. The theft took place in Florida and there is case law there that says it's covered.

Will you please cite the case law?

 

[BIG RED IS BACK]

[FONT="Times New Roman","serif"]I sold my motorhome ($59,000) to a buyer whose checkbounced. I am now unable to locate the buyer or motorhome. [/FONT]

[FONT="Times New Roman","serif"]I sent the buyer a certified letter& copy of bounced check and haven't heard from him (I do have the signaturecard from USPS that it was received). My question will "my" insurancecompany pay for my loss since I cant find buyer or vehicle? I still have insurance on the motor home. What legalrights do I have other than small claims court? I still am making payments onmotorhome as well as insurance but don't have the motorhome or ability to pickit up because location is unknown. His bank just stamped "insufficientfunds" on check and sent me a copy. I live in Florida but the buyer livesin Alabama.
Thank you in advance,
US Navy (Retired) [/FONT]

since the OP never came back, I have to say, only idiots take a check for $59,000 for a vehicle purchase.....