- Life is definitely not fair! - 2 Updates
| KenK <invalid@invalid.com>: Dec 20 04:31PM A bit less than a month ago a car ran through my yard, knocking dowm a chainlink fence, damaging a building, etc. I finally got a sheriff report. Driver unknown. Insurance unknown. Keys were in ignition in car after it was abandoned in my yard. Car reported stolen hours after 'accident'. My insurance agent tells me car isurance companies are not responsible for any damage caused by the insured car if stolen. The car was 2014 Dodge owned by a Mexican woman so was likely insured because it was ptobably still being paid for. Was the car really stolen or 'borrowed' by an acquaintance or child? So I'm out the repairs - ~$500 - because that is my homeowner's insurance deductable. It's not worth following up for that much - suing owner, whatever - I'd probably lose anyway. Evidently the insurance companies are among the 1%. And I'm definitely not! -- I love a good meal! That's why I don't cook. |
| Bruce Esquibel <bje@ripco.com>: Dec 20 06:41PM > My insurance agent tells me car isurance companies are not responsible for > any damage caused by the insured car if stolen. If that what the insurance agent said, you need to find a new insurance company. The car has to have liability on it, which covers the owner/main driver, if it's borrowed to a friend, family member or anyone else including a thief. I think the main problem you have is it's a wash if all you have is $500 in damages. They won't bother doing a claim if that is your deductable. You do know you pay that deductable no matter who is at fault or what the circumstances are, right? They can waive it sometimes, usually if both parties are insured by the same company and one of the parties are at 100% fault, but that is a coin-toss decision. -bruce bje@ripco.com |
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