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OT - Basic Car Insurance Questions
Posted by Mr. Science (more from Mr. Science) on Fri, 13 Jun 2003 20:10:57
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Ok, assuming one has full collision coverage on the car:
1) If you wreck the car, is the insurance supposed to pay you the value of the undamaged (i.e. before the wreck) car, or the damaged (i.e. after the wreck) car? The first one is the only one that makes sense to me, but a friends' recent experience is making me wonder.
2) If the car is totalled (i.e. repair cost greater than the value of the car), do I get to keep the damaged car, or do I have to turn it over to the insurance co. in exchange for the check? Assume the latter on this one.
Thanks,
'Roo
posted by 128.42.178...
Posts in this Thread:
- OT - Basic Car Insurance Questions, Mr. Science, Fri, 13 Jun 2003 20:10:57 <-- Viewing This Message
- Re: OT - Basic Car Insurance Questions, Ari , Mon, 16 Jun 2003 10:38:58
- Re #2, Hood, Sun, 15 Jun 2003 16:05:10
- Insurance companies pay retail....., Mike Lynch , Sat, 14 Jun 2003 13:46:05
- Re: OT - Basic Car Insurance Questions, lowbar, Sat, 14 Jun 2003 10:46:06
- Re: OT - Basic Car Insurance Questions, Randy Thatcher , Fri, 13 Jun 2003 20:53:05
- Thanks!, Mr. Science, Sat, 14 Jun 2003 05:31:24
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