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Article #325Re: Auto Insurance - how to get it in CA and what to look for ?
From: dhosek
Date: Thu, 08 Oct 1992 17:12
Date: Thu, 08 Oct 1992 17:12
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In article <1992Oct8.201526.14847@pei.com>, fred_s@earwax.pei.com (Fred Scott) writes: > In article <1992Oct7.105921.1@cbrown.claremont.edu> dhosek@cbrown.claremont.edu writes: >>In article <1992Oct7.173020.20196@tcsi.com>, gwu@nujoizey.tcs.com (George Wu) writes: >>> One fair warning: I've heard a couple of stories of poeple >>> complaining CSAA undervalues/over-depreciates the value of a car >>> damaged in an accident. This would mean you might not get as much >>> as you think your car is worth if it were totalled, and CSAA might >>> consider it totalled when another company might not. I've not seen >>> widespread complaints of this sort, so I'm not sure it's a valid >>> complaint either. >>They totalled mine. But I got decent payback on it (almost the >>balance left on the loan--within the deductible of it, in fact). > The status of your loan has very little to do with the actual value of your > car. The real question is, what did they pay you in relation to the blue > book value of your car? Did you even look it up? (Of course, if there was > any reason why your car should be worth less than blue book value, that should > be taken into account.) Valid point. No, I didn't look up the bluebook value of the car. I was paid 75% of the new car purchase price on a year-old car. My sense was that this was about right. My biggest concern at the time was how much of the loan was going to be left after they paid my claim. -dh
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Newsgroups: ca.general Path: arc1-ca.pugleaf.net!sparky!uunet!stanford.edu!ames!elroy.jpl.nasa.gov!news.claremont.edu!cbrown.claremont.edu!dhosek From: dhosek@cbrown.claremont.edu Subject: Re: Auto Insurance - how to get it in CA and what to look for ? Message-ID: <1992Oct8.101233.1@cbrown.claremont.edu> Lines: 27 Sender: news@muddcs.claremont.edu (The News System) Organization: Quixote Digital Typography References: <1aqktaINNch2@fido.asd.sgi.com> <1992Oct7.173020.20196@tcsi.com> <1992Oct7.105921.1@cbrown.claremont.edu> <1992Oct8.201526.14847@pei.com> Date: 8 Oct 92 10:12:33 PDT