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by Lawchick on January 17th, 2009
If you totalled your car and are afraid any error was made, bank the excess amount and get a little interest, because if the insurer has made an error, you can return the excess amount and still have a bit of interest.
But, since paying out claims is what insurance companies hate the most, they use a list of factors to estimate the value of your vehicle. If your vehicle was over 25 years old and in working condition and you carried the 15% premium for a "classic car" then, your car would be paid out at a much higher rate.
Otherwise, your 25 year old car might net you less than $200.00. It also depends if you are carrying comp and collision on the vehicle.
How long should an accident claim take?
by Answerbag Staff on May 19th, 2011
| 1 person likes this
What Is the Average Car Insurance Rate for Teens?
by Answerbag Staff on July 30th, 2009
| 1 person likes this
In Delaware in a high school parking lot, your car door chips the paint of the car next to yours. Are you liable for the damage?
by Mykal_R on September 18th, 2011
| 1 person likes this
What kind of a jackass would drive drunk at 132MPH? http://to.ly/aIjH
by Piano Player on June 22nd, 2011
| 1 person likes this
Has your car ever been in a collision with another car of the same make and model as your own?
by Andy B has left AB on September 29th, 2011
| 1 person likes this
You're reading If you totalled your car and were over paid by the insurance co. say yeah?
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