My vehicle was stolen and i live in socal so more than likley its in mexico, if by some miricle they do recover it. do i have to take it back?
Total Comments: 20
Posted: Wed Dec 24, 2008 12:52 pm Post Subject:
I get it fine, and it's a good question...if the ins vehicle would STILL be a total due to the condition it is found in the ins can just give the ins. company the cost of the salvage retention...if however (let's say the repair is 4k and the ins has already got 10k for the total)...the ins would be required to either give then entire amount back and be paid for the repair, or they could just deduct the amount of ther repair (and in this case) the ins would repay their company 6k
Posted: Fri Dec 26, 2008 11:19 am Post Subject: insurance
LORI......thanks for the clarification on that. So..........the 'difference' would be paid. Makes sense to me. Thanks, again. :roll:
Posted: Wed Dec 31, 2008 08:07 pm Post Subject: stolen vechile
my car was recovered within a week do i have to take it back
Posted: Thu Jan 01, 2009 06:51 am Post Subject:
my car was recovered within a week do i have to take it back
It may well depend upon its condition. Has it suffered extensive damages? We may also wish to hear what the insurance company has to say in this regard. What is the status of your claim?
However, if the car is just performing fine with no serious damage, you may wish to retain it. Anyways, you may ask the insurance company to write it off as well, if you don't want to get it back.
~Jeremy
Posted: Thu Jan 01, 2009 01:20 pm Post Subject:
my car was recovered within a week do i have to take it back
If your vehicle is repairable then yes, you will have to take it back, UNLESS (and I doubt it) your carrier has already settled (paid) with you on the total loss...What condition is your vehicle in?
Posted: Wed Feb 25, 2009 09:55 pm Post Subject: i got a questions for you guys
what if my car was stolen and recovered 2 weeks after stripped so i sold it to insurance company only the shell so title is under their name.. than a 1 1/2 later las vegas PD found my engine and transmission and i reclaimed it. what do i do now? to get a new title under my name?
Posted: Thu Feb 26, 2009 06:50 am Post Subject:
You reclaimed the car back :shock: why? I don't know of many people who would want a stolen car back. I guess the car was declared totaled by the insurer and you were paid the acv. Therefore, the recovered parts of the vehicle would also belong to the insurance company. IMO you shouldn't look into getting back the title on it rather must move along & get a new car.
Posted: Thu Feb 26, 2009 06:55 am Post Subject:
Jose, not many insurers would agree upon transferring the title back. If you really want to retain a totaled vehicle you were required to inform the insurer before they take the possession. IMO its already too late. The state laws regarding salvaged cars also need to be looked into. Groundnut
Posted: Thu Feb 26, 2009 02:49 pm Post Subject:
Taking back a stoloen car is always risky. You never know how the vehicle was treated and what it went through before it was recovered. My sister in law had hers stolen and they found it a few weeks later. It looked okay, was just a little muddy. I believe they had to take theirs back but ended up trding it in because their once good runnung vehicle had all kinds of problems once it was recovered.
Posted: Fri Jul 15, 2011 06:36 pm Post Subject: jumtAiatXCpBn
You raelly saved my skin with this information. Thanks!
Posted: Wed Dec 24, 2008 12:52 pm Post Subject:
I get it fine, and it's a good question...if the ins vehicle would STILL be a total due to the condition it is found in the ins can just give the ins. company the cost of the salvage retention...if however (let's say the repair is 4k and the ins has already got 10k for the total)...the ins would be required to either give then entire amount back and be paid for the repair, or they could just deduct the amount of ther repair (and in this case) the ins would repay their company 6k
Posted: Fri Dec 26, 2008 11:19 am Post Subject: insurance
LORI......thanks for the clarification on that. So..........the 'difference' would be paid. Makes sense to me. Thanks, again. :roll:
Posted: Wed Dec 31, 2008 08:07 pm Post Subject: stolen vechile
my car was recovered within a week do i have to take it back
Posted: Thu Jan 01, 2009 06:51 am Post Subject:
my car was recovered within a week do i have to take it back
It may well depend upon its condition. Has it suffered extensive damages? We may also wish to hear what the insurance company has to say in this regard. What is the status of your claim?
However, if the car is just performing fine with no serious damage, you may wish to retain it. Anyways, you may ask the insurance company to write it off as well, if you don't want to get it back.
~Jeremy
Posted: Thu Jan 01, 2009 01:20 pm Post Subject:
my car was recovered within a week do i have to take it back
If your vehicle is repairable then yes, you will have to take it back, UNLESS (and I doubt it) your carrier has already settled (paid) with you on the total loss...What condition is your vehicle in?Posted: Wed Feb 25, 2009 09:55 pm Post Subject: i got a questions for you guys
what if my car was stolen and recovered 2 weeks after stripped so i sold it to insurance company only the shell so title is under their name.. than a 1 1/2 later las vegas PD found my engine and transmission and i reclaimed it. what do i do now? to get a new title under my name?
Posted: Thu Feb 26, 2009 06:50 am Post Subject:
You reclaimed the car back :shock: why? I don't know of many people who would want a stolen car back. I guess the car was declared totaled by the insurer and you were paid the acv. Therefore, the recovered parts of the vehicle would also belong to the insurance company. IMO you shouldn't look into getting back the title on it rather must move along & get a new car.
Posted: Thu Feb 26, 2009 06:55 am Post Subject:
Jose, not many insurers would agree upon transferring the title back. If you really want to retain a totaled vehicle you were required to inform the insurer before they take the possession. IMO its already too late. The state laws regarding salvaged cars also need to be looked into. Groundnut
Posted: Thu Feb 26, 2009 02:49 pm Post Subject:
Taking back a stoloen car is always risky. You never know how the vehicle was treated and what it went through before it was recovered. My sister in law had hers stolen and they found it a few weeks later. It looked okay, was just a little muddy. I believe they had to take theirs back but ended up trding it in because their once good runnung vehicle had all kinds of problems once it was recovered.
Posted: Fri Jul 15, 2011 06:36 pm Post Subject: jumtAiatXCpBn
You raelly saved my skin with this information. Thanks!
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