| Message |
Author |
|
 Posted: Wed Dec 13, 2006 2:17 pm Post subject: stolen truck |
|
|
Hi
my truck was stolen and the insurance company is requiring me to give a statement under oath and provide them with tons of paperwork. Is this standard?
_________________
Register Now to have your Insurance queries solved. |
|
gina
Guest
|
|
| Posted: Wed Dec 13, 2006 2:48 pm Post subject: |
|
|
Very much so. So many people these days finance vehicles they cannot afford and find it easy to have the vehicle "stolen" so that the insurance company will pay off (or most of ) the loan. First, putting someone in a legally commited position is a good way to make sure the claim is legit. Second, about the only way for a carrier to obtain proof that a theft claim is invalid is once the vehicle is recovered. While it usually shows up, many times they will have already made a payment. The recorded interview legally (to a degree) locks the insured into the situation and would allow the carrier to take action even after the claim is paid.
Look at it this way... your asking the insurance company to pay tens of thousands of dollars. Shouldn't they obtain some legal documents (theft affidavit, police report, etc) in exchange?
Did you have anything to do with the theft? If not, don't worry.
My favorite "theft" claim was a person who said someone stole her car in an alley way. The claim was a little strange as she could not account for her time and changed her story a few times. Turns out she was smoking crack with her boyfriend in the house and she allowed him to use her car to go buy more crack (once we found her crack friends, they had no problem telling us this information). He never brought the car back. Resolution... carrier had to pay the claim anyway as in SC the lien holder cannot be penalized but the insured was charged with filing a false police report. Justice? No... but it was a small victory. |
|
tcope
Forum Expert
Joined: 22 Nov 2006
Posts: 5194
Location: Salt Lake City, UT
285.39 Dollars($)
|
|
| Posted: Wed Dec 13, 2006 3:05 pm Post subject: thank you |
|
|
Thank you for your reply. And that makes sense why should they hand over a payment on my word. I have complied with all they have asked and will continue to. Have a great day
_________________
Register Now to have your Insurance queries solved. |
|
gina
Guest
|
|
| Posted: Wed Dec 13, 2006 6:01 pm Post subject: |
|
|
Hi Gina,
I certainly agree with TCope on this issue. If you are right in what you are actually putting forward to your insurer then you need not worry.
Its good that now you have actually understood their situation and provided them with all the required documents.
Why dont you be a part of the community and help it grow. Please use the signup form and become a member.
Thanks,
Evan |
|
evan
Moderator
Joined: 01 May 2005
Posts: 1284
179.27 Dollars($)
|
|
| Posted: Wed Dec 26, 2007 3:04 am Post subject: |
|
|
I know people who have financed and could not afford the vehicle, seems awful suspicious when all of a sudden the vehicle is stolen and then burnt beyond recognition, seems to always burn too. I know some one this happen to last year.
I think this is why this is standard procedure. Just give them what they want, sounds like you are an honest person and they will follow through with their end of the deal, goodluck! |
|
dreamer
Senior member
Joined: 13 Dec 2007
Posts: 207
50.09 Dollars($)
|
|
| Posted: Thu Dec 27, 2007 3:49 am Post subject: |
|
|
| Yep, know those kind of people to dreamer, have a brother in law that I don't know for sure, but I would be money on it that he pulled the same crap a few years ago. Guess they figure better to have the insurance pay it off instead of having a judgement place on their heads. |
|
goodnatured
Senior member
Joined: 04 Nov 2007
Posts: 1212
0.07 Dollars($)
|
|
