I love the term "value of your car" which usually means loan value, etc. I have auto insurance to protect me both physically as well as my personal auto. I purchased my car new from the dealer. I guess book value is now around 7k, I owe 9. When I bought the car, I negotiated over 3k off the price of the car and put 1k down. I have insurance to protect my investment in my property. That investement is either whatever I own on the car or the fair market value --- whichever is MORE!! If I go out to my a auto parts, I pay retail, I don't have access to "true" wholesale prices from the manufacturer (neither does anyone in texas unless the are a registered dealer) So why should I be paid wholesale or loan value, that is not MY investment.
I had to track down this company. I had to tontact the upper management at this company to make them listen - my adjuster called and they told her sorry, no license plate number we can't help you....bye.......
Once I "communicated" with upper management, they started looking into it and the next thing I knew their insurnace company was calling me!!!!
Of course now, I have to go out and purchase another car! Hmmm, maybe I'll just get a bicyle!, Hell the insurance is cheap enough!
Like they say, if you are given a lemon....make some lemonade! Ah, unless it's a Contour with atx problems!!!
Thanks,
Bob
