Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Battle Hymn of the Republic

If the insurance company paid off the policy, it seems they would have first claim.


4 posted on 06/21/2007 3:05:29 PM PDT by Michael.SF. ("The military Mission has long since been accomplished" -- Harry Reid, April 23, 2007)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Michael.SF.
The insurance company should get back any money they paid plus reasonable interest.

They should not get the car (which will be worth much more).

6 posted on 06/21/2007 3:07:37 PM PDT by Dinsdale
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Michael.SF.

He probably only had liability insurance at the time. I know that collision and theft insurance often didn’t make sense back then since the company would only pay blue book value for a 15 year old car. To insure a show car for theft was much more expensive and I bet a 23-year old wouldn’t take out that kind of policy.


16 posted on 06/21/2007 6:52:06 PM PDT by free_for_now (No Dick Dale in the R&R HOF? - for shame!)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson