Auto Insurance Claims: Total loss - Upside down in payments, total loss auto, car
QuestionCan I get the at-fault party's insurance to give me the full amount I owe on my car when it has been totaled and I owe more than they are offering?
AnswerHi Dan,
No, sorry. They owe you for ACV (Actual Cash Value), another word for market value. Now if they underpaid for the market value of the vehicle, that is another story. If you think you were lowballed, get the eBook on Total Loss Auto Claim Advice Deluxe from UClaim.com.
Ron Cercone
http://www.UClaim.com