by nudnjuschillin2003 » Fri May 15, 2009 10:13 pm
ok so when i first got my license (about 4 years ago) my parents decided not to include me on their insurance (to save money... ha!) so i was driving home one night and was involved in a 5 car pile-up on the 10 freeway.
i hit a ford fusion.. (this car had already rear-ended the car infront of it and i was the last one to "join" the pile-up)
the insurance wouldnt cover the accident due to the fact that i wasnt on the policy so i got a call from the insurance company covering the ford fusion. The subrogation specialist mentioned that i had to pay back 28,xxx.xx dollars... (thats wayyy more than the car would even b worth...) i mentioned that i would be more than willing to pay for the damage that I caused and im not gonna pay for the front end damage from when the driver of the Fusion rear ended the car in front of it.
the subrogation specialist then stated that if i had 5,000 dollars they would close the case out. i didnt have that kind of money at the time so we worked out a payment plan. 150 dollars a month.
Ive paid the 5000 dollars worth via the monthly payments so im wondering if i were to stop sending payments would i be okay since they were willing to settle it for 5k anyway??
(((sorry for all the grammatical errors... at work tryin to type this up quick..)))
thanks for any advice
i hit a ford fusion.. (this car had already rear-ended the car infront of it and i was the last one to "join" the pile-up)
the insurance wouldnt cover the accident due to the fact that i wasnt on the policy so i got a call from the insurance company covering the ford fusion. The subrogation specialist mentioned that i had to pay back 28,xxx.xx dollars... (thats wayyy more than the car would even b worth...) i mentioned that i would be more than willing to pay for the damage that I caused and im not gonna pay for the front end damage from when the driver of the Fusion rear ended the car in front of it.
the subrogation specialist then stated that if i had 5,000 dollars they would close the case out. i didnt have that kind of money at the time so we worked out a payment plan. 150 dollars a month.
Ive paid the 5000 dollars worth via the monthly payments so im wondering if i were to stop sending payments would i be okay since they were willing to settle it for 5k anyway??
(((sorry for all the grammatical errors... at work tryin to type this up quick..)))
thanks for any advice
Posted: Tue May 19, 2009 11:23 am Post Subject:
I don't know how they can possibly turn her over to a collection agency since she never signed an agreement to pay ..... they would have to provide this document that doesn't exsist, i doubt a collection agency would knowingly take this one on.
Posted: Sat Jul 16, 2011 02:37 pm Post Subject: kCPNEGHYOvONTnXBQI
I might be beantig a dead horse, but thank you for posting this!
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