[Shotimes] Re: OT-insurance co saga part II

Alan Fanning Awfanning@earthlink.net
Thu, 24 Apr 2003 18:40:24 -0700


A few thoughts - 

1.  if the retail value of your g/f's car (with good title) has depreciated
to, say, 2/3'rds of the value at the time your g/f bought her car, then a
fair offer to the g/f might be 2/3'd of what she (you) put into it to make
it a runner. So, if she put $6000 in it a couple of years ago, maybe $4000
is a fair offer today, etc.

2.  Like most SHO's, it sounds like the parts of this car may be worth more
than the whole. So, consider buying it back from the insurance company for a
few hundred bucks if it's got some saleable parts on it.

    Alan

> John:
> I don't have any specific advice but when everything is said and done you
> should consider filing a complaint with your state insurance regulators. The
> insurance company HAS to answer to the board or they could get the boot in
> your state as far as doing business. Plus if others have had similar
> problems it could open a investigation into that insurance companies
> practices.
> .
> .
> 
> 
>> ok, here's more info, sorry about giving you the short on details, I
>> auto-deleted everythign from my inbox by accident the other day...