Kathy wrote:
"DebbieG" wrote in message
...

Tom,

I don't know of any wording in an insurance policy for a vehicle about
replacing it if it is paid for. If it's in there it will surprise me.

A few years ago, I had put a car in a ditch. Since it was paid for they
just gave me a check after the estimate was written. They never made sure

I

spent the money on the car for repairs. I think they do that only if

there

is a lien on the car.

Debbie


"Tom" wrote in message
news:OHHEd.4434$u47.1018@trnddc09...
| We are not
| going to replace it since it was a 3rd vehicle (the oldest of the 3).
|
| What does your policy say about paying up when you are not going to
replace
| the vehicle? I suspect that might make a difference in the settlement
| amount.
|
|





Debbie,
My daughter in law recently wrecked her 95 explorer that she bought new. The
insurance gave her $7800. after they kept $1000 for her deductible.
HTH,
Kathy


Wow! She got a good deal. I don't think I could expect
anything close to that for my 4 door, 4wheel drive 6 cyl
(don't think they made 8 cyl in 1994). At least I've never
sold a car for anything near what I paid for it. (Paid
$6,000 in 1998 at which time it had 25,000 miles , now has
just over 40,000 miles).