police report

[borzoimom]

Your insurance company will have an excellent lawyer..

[Cataholic]

Your insurance company will have an excellent lawyer..

His insurance company will not provide him with a lawyer unless David has been sued. And, if what he says is accurate, liability is on the other party (but, don't get too hund up on the police report. Insurance companies determine liability between two parties, not police officers/reports). And, insurance companies have good lawyers, bad lawyers, and everything in between, btw.

Insurance companies do not buy new cars for people. Insurance companies issue a check to the party that covers the actual cash value of the vehicle that was totalled. So, if you had a 1999 Honda Civic (like I do), you would get the value of a 1999 Honda Civic. Chances are good that that would not be enough to buy a 2007 vehicle.

David, you might consider retaining the services of an attorney that deals in personal injury cases. This is, and can be, more complex than it appears.

Good luck!

[Cinder & Smoke]

Hey David ~
Pay Attention to Attorney Johanna's suggestions here!

Insurance companies do not buy new cars for people.
Insurance companies issue a check to the party
that covers the actual cash value of the vehicle that was totalled.

David, you might consider retaining the services of an attorney that deals in personal injury cases.
This is, and can be, more complex than it appears.

Follow-up Question for Johanna:

David's new car was LEASED ...
Does a leased vehicle have more value to the OWNER (the leasor)
than it has "actual cash value"?

In other words - is the Insurance Company likely to offer a settlement that
doesn't pay off the "value" of the vehicle that the Leasing Company wants in
exchange for not getting their car back in pristine condition?

Suggestionto David ~
Do NOT sign any agreements nor cash any insurance checks till you
FULLY understand their meaning.

/s/ Phred

[davidpizzica]

Hey David ~
Pay Attention to Attorney Johanna's suggestions here!



Follow-up Question for Johanna:

David's new car was LEASED ...
Does a leased vehicle have more value to the OWNER (the leasor)
than it has "actual cash value"?

In other words - is the Insurance Company likely to offer a settlement that
doesn't pay off the "value" of the vehicle that the Leasing Company wants in
exchange for not getting their car back in pristine condition?

Suggestionto David ~
Do NOT sign any agreements nor cash any insurance checks till you
FULLY understand their meaning.

/s/ Phred

Phred, my two brothers are handling the insurance end of this and they're making sure that I don't sign ANYTHING without their approval.

[Cataholic]

Hey David ~
Pay Attention to Attorney Johanna's suggestions here!



Follow-up Question for Johanna:

David's new car was LEASED ...
Does a leased vehicle have more value to the OWNER (the leasor)
than it has "actual cash value"?

In other words - is the Insurance Company likely to offer a settlement that
doesn't pay off the "value" of the vehicle that the Leasing Company wants in
exchange for not getting their car back in pristine condition?

Suggestionto David ~
Do NOT sign any agreements nor cash any insurance checks till you
FULLY understand their meaning.

/s/ Phred

Phred, ACV is ACV, without regard to who holds legal title. I *think*that many people that lease have either 'gap' insurance, or, end up rolling something in with the new lease agreement. I **think** (I don't lease).


David, is there a reason you are not involved in handling your own claim? Just curious. You must have mentioned five times now that your brothers are doing everything for you....unless you are telling me one of them is a lawyer....I think you are better off getting legal advice. These things can be tricky.

[davidpizzica]

Phred, ACV is ACV, without regard to who holds legal title. I *think*that many people that lease have either 'gap' insurance, or, end up rolling something in with the new lease agreement. I **think** (I don't lease).


David, is there a reason you are not involved in handling your own claim? Just curious. You must have mentioned five times now that your brothers are doing everything for you....unless you are telling me one of them is a lawyer....I think you are better off getting legal advice. These things can be tricky.

They're the closest I have to lawyers. I'm in too much pain to handle this claim now. It's a major undertaking for me to go to the bathroom. Three fractured ribs are not fun. If the need arises, we'll retain a lawyer.