Re: Theft coverage regarding lease car

Posted by tonyb on August 22, 1998 at 14:19:55:

In Reply to: Theft coverage regarding lease car posted by R. Henry on August 22, 1998 at 09:39:06:

: It is my understanding that
should your leased car be stolen
and not found in 30 days, it is
going to cost the policyholder a
heck of a lot more out-of-pocket
to have that car replaced than if
you were buying the car. Is that
true? If so, why?

^No idea, except if you do have
an insurable interest in the vehicle,
you have a say as to the value of
the vehicle. How that compares
to what you owe under the lease,
I don't know.

If you have a say in setting the
value of the car, the principles and
procedures would apply at:

How to Get What You Deserve you will find all you need to file and adjust your claim.

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Re: Theft coverage regarding lease car Carolfair 07:01:04 8/31/98 (0)

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: : It is my understanding that : should your leased car be stolen : and not found in 30 days, it is : going to cost the policyholder a : heck of a lot more out-of-pocket : to have that car replaced than if : you were buying the car. Is that : true? If so, why? : ^No idea, except if you do have : an insurable interest in the vehicle, : you have a say as to the value of : the vehicle. How that compares : to what you owe under the lease, : I don't know. : If you have a say in setting the : value of the car, the principles and : procedures would apply at: : http://www.disasterprepared.net/deserve.html

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