Date: Mon, 30 Aug 2004 16:21:36 GMT From: - Bob - <nopenospamlmakingupaddresses.com> Subject: Re: Saab got hurt!!!!
On Mon, 30 Aug 2004 16:07:44 +0100, Grunff <grunffnospam.com> wrote: >All you will ever get as a payout from either insurance company or >through the courts is the full street value of the car. If the repairs >cost more than this, then it's up to the owner to make the decision >whether it is worth paying the extra. This applies to both UK and US. To some extent, anyway. Arguments could be made for the repair of the car if you can represent that it has some unique value/feature beyond what you can find in any dealer's lot. An attorney could stretch that to simply be "a car you drove since new with a known repair history". Keep in mind that the insurance company is _not_ on your side. They want to minimize their payout. That includes "your" company and the other driver's and includes time as well as monetary expenses. So, you'll often see your company ready to "settle" the claim for and offer that's less than perfect for you. They'll settle, refuse to go to court, try to flex their muscles, etc. As I've said before - you have to check local laws and find out every detail if you want to avoid getting sold down the river (by a company that you've been paying for years with no return :-)
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