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re: New car totaled - value for insurance.

Posted on 9/20/23 at 10:31 am to
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65936 posts
Posted on 9/20/23 at 10:31 am to
quote:

So their frequent promises about "making whole" don't match up.
They don't control the market supply of 500 mile slightly used cars.

They have made you whole by giving to you the fair market value of your vehicle the instant it was involved in the loss.

Additionally, in case you are wondering:

a. They are not responsible for removing your sunglasses from the old vehicle and putting them in your new vehicle.

b. They are not responsible for finding a new (or slightly used) vehicle for you to purchase.

c. They are not responsible for registering your new vehicle with your DMV.

If you want concierge service to avoid having to deal with these types of aggravation in the future my advice would for you to be a billionaire.

What you have described here is the normal inconvenience of "real life".

Man up and move on.
Posted by LNCHBOX
70448
Member since Jun 2009
84319 posts
Posted on 9/20/23 at 6:01 pm to
quote:

They have made you whole by giving to you the fair market value of your vehicle the instant it was involved in the loss.


It's not the fair market value if OP is unable to replace the car at that value. Whole lot of insurance agents in this thread talking nonsense.
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