police report

[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.