Help PLEASE!! Auto Insurance Question?
I have a question concerning auto insurance. I recently totaled my vehicle at no fault of my own. Long story short the insurance company is offering me a few thousand more than Kelly Blue Book states the vehicle is actually worth. But what they鈥檙e offering is substantially lower than that which is outlined on the Declarations for Policy paper under value. Thing is, I鈥檝e verbally accepted the amount over the phone. Now they鈥檙e sending papers to sign over the vehicle. When I phoned the agency, I was informed by the assigned adjuster that he cannot offer more. I don鈥檛 really believe him, afterall insurance companies are known for trying to take advantage of people. Here鈥檚 the dilema, if they鈥檙e offering more than KKB and under the value on the policy. I assume they鈥檙e just trying to avoid paying what the real value is. Any help with this will be greatly appreciated. I have little knowledge in this, I just turned 22 years old and this was my first car.
You are lucky, if your insurance is paying you more than KBB price. You definitely have a good insurance company.
Take the money get a new car and have another insurance policy from same company.
