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Re: OT - Basic Car Insurance Questions Posted by Randy Thatcher [Email]  (#22)  [Profile/Gallery]
(more from Randy Thatcher) on Fri, 13 Jun 2003 20:53:05
In Reply to: OT - Basic Car Insurance Questions, Mr. Science, Fri, 13 Jun 2003 20:10:57 Members do not see ads below this line. - Help Keep This Site Online - Signup |
1. You get the "book value" of the car before the wreck. That's pretty vague. Blue Book? Black Book? Edmunds? What book do they use? My wife's car was stolen and we made out. It was a base model Corolla with stick and roll down windows: a pretty stripped down model. We got probably 50% more than we expected to get. And rates when down next year. go figure. I've heard horror stories the other way, too. Sounds like that's the case for your buddy.
2. I think they take the wreck and cut you a check. I know people have bought back the heap, but I don't know the amounts they expect to pay. pennies on the dollar?
FYI, I just got my annual bill from progressive. It went down! I pay for the year, and I asked about moving from Ohio to CA in 2 months. They said they will honor the fee for the year, and bill me at the new rate based on CA rates next year. I guess I get 10 months of decent rates!
Randy
posted by 69.3.20...
, Mon, 16 Jun 2003 10:38:58
, Sat, 14 Jun 2003 13:46:05, Fri, 13 Jun 2003 20:53:05 <-- Viewing This Message
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