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I WANT my car to be declaired a total loss

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wilheldp
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wilheldp



Joined: 06 May 2008

Posts: 15

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6.73 Dollars($)

PostPosted: Mon May 12, 2008 1:36 pm   Post subject:   

I don't think jimmy is trying to commit insurance fraud. I think he's wondering how Gap Insurance works. If they total his car, he wants to know if the gap insurance will pay off the remainder of what he owes on it. I have no idea how the mechanics of such a claim would work, but I think that is exactly what gap insurance is for.
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Lori
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Lori



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PostPosted: Mon May 12, 2008 1:42 pm   Post subject:   

Gap ins. picks up the ''gap'' between the ACV of the vehicle and loan balance, (minus any unrepaired prior damage), some will include the deductible, most do not...
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Lori
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Lori



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Location: Missouri


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PostPosted: Wed Jun 04, 2008 10:31 am   Post subject:   

Daisy,
I have moved your posts here

http://www.ampminsure.org/auto/about4920.html

(started a new thread)

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