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Posted by Sure-Net.com on December 24, 2001 at 04:37:19:
In Reply to: Is the insurance company responsible for taxes and licensing of the replacement vehicle posted by Chris Rico on December 22, 2001 at 10:18:47:
: If accept a a settlement offer of $8900 and the insurance company pays off my car and takes posetion of the title for $6200 then give me a check for the remainder of $2700. and i buy a comparable car for $8900. but i have to have it finaced and get new license for it , plus all the other fees involved in purchasing a new car,
: Is the Insurance compnay responsible for all those extra expenses of buying a another car?
Taxes and license fees are a legitimate part of a total loss claim for
damages. However, if you cannot successfully negotiate settlement of your
liability claim on the basis of being made whole for the damage inflicted,
and you do not carry collision insurance with your own insurance company,
your option is to pursue legal action. It becomes a matter of convincing a
court that your particular vehicle and damages are worth the amount of your claim.
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