paying for vechile twice
Free Insurance Quote Comparison
Secured with SHA-256 Encryption
UPDATED: Oct 16, 2011
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
Insurance Question from Fairfield, CA
Asked on 10/16/2011
paying for vechile twice stolen vechile was found in my garage i was charged for stolen propery but charges were later dropped. When vechile was recovered the insurance co said it was totaled & paid person now ins co is suing me for the amount
Answer given on October 18, 2011
If an insurance company pays to repair or replace a car they insure due to damages for a stolen car, they may go after any party considered responsible for the theft or damages.Even though the legal charges were dropped by law enforcement, the insurance company may feel they have sufficient information to hold you responsible for the theft and/or damages to the stolen car. Based on this information, they may attempt to recover their payment for the damages to the car.Of course, you may deny any responsibility, but you may need to obtain legal assistance to defend yourself from the request for damages. The case could end up in court and while you can defend yourself, you may not be able to do so effeciently or effectively. If the insurance company is successful they can collect or obtain a judgement against you for future earnings.
IMPORTANT NOTICE: These answers are for general information purposes only and are provided by the person answering and FreeAdvice.com AS IS. It has not necessarily been reviewed by the management staff of FreeAdvice.com nor is it binding any insurance agent, broker, or other insurance professional or any attorney or insurance company. Insurance laws, regulations and practices vary from state to state and insurance policies and practices differ from company to company, by type of policy, by state and locality and by type of insurance. Tiny variations in the facts, policy language or a detail not set forth in a question often can change the outcome or a professional's conclusion. Although FreeAdvice.com has confirmed that the answer(s) was/were provided for the account of an experienced insurance professional, that professional may not be licensed in the state referred to in the question, and may not be experienced or up to date in the subject area. Unlike the answers provided here, upon which you should NOT rely, for personal advice you can rely upon we suggest you consult a licensed insurance professional in your area or retain a licensed attorney listed on AttorneyPages.com to represent you.