Yep, but I think that the idea is insurance wise, once the car is 75%
destroyed, there is no point. It would work if we had $25000 cars, but
with $5000, it doesn't seem to work right!
Ajhsys@aol.com wrote:
> In a message dated 12/13/00 11:31:03 PM Eastern Standard Time,
> lundgren@byu.net writes:
>
>
> My agreed value is $5000. The damage estimate was $3700. That
> exceeded
> 75% of the value ($3500) which requires totaling. (Something I was
> unaware of.)
>
> << SNIP>>
>
> I spoke with them today. They told me the high bid was $300 and asked
> me if I wanted to keep it. I told them yep. They said I will have my
> check for $4700.00 in a few weeks. (She said the delay was because of
> the holidays.)
>
>
>
> - - - - - - - - - - - - - -
>
> So they are paying you $1000 MORE than the repair estimate? I wonder how
> long they will stay in business! This must be some sort of ridiculous
> law.
> We have a lot of ridiculous laws in this country.
>
> (And I have Haggerty ins.)
>
> Allen Hefner
> SCCA Philly Region Rally Steward
> '77 Midget
> '92 Mitsubishi Expo LRV Sport
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