My parents were in a car accident and their car has been declared a toal loss by the insurance company. Now they are left carless and with only 3,000. How can they go about getting more money at least to pay for the repairs or get in a new car. We are in San Antonio texas.
2006-07-26 04:30:08 · 10 answers · asked by missy1978 2 in Politics & Government ➔ Law & Ethics
sell your horses
2006-07-26 04:33:19 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Meaning the $3000 is all the insurance company is paying? If not, then the answer is the money from your insurance company. If so, then that $3000 is all they had in value anyway i.e. the car they lost was not worth more than that, and you should be able to get a comparable used car for $3000. In any case, $3000 should be a solid down payment towards a new car.
Point being: they were carrying insurance, and that's good. That is what insurance is for. Because of that, they are practically speaking no worse off than they were; they just have the cash value of their car instead of a car.
2006-07-26 11:36:20 · answer #2 · answered by dpawson 4 · 0⤊ 0⤋
Was the accident their fault? If so, did they have full coverage insurance? Whichever person was at fault, the insurance company of the responsible party will (after their own investigation) issue a check for what the deem to be the car's worth at the time of the accident (the amount may be challenged if it is felt the insurance company is wront). 3 grand is definitely enough for a pretty decent downpayment on a new car as well. Basically, what they need to do as far as a settlement is work with the insurance company (which I am assuming is already in motion).
2006-07-26 11:36:03 · answer #3 · answered by Sunidaze 7 · 0⤊ 0⤋
You have a legal cause of action against the person who hit you so long as you were not at fault. Find out what the max is in small claims/magistrate court. If that would cover the damages, sue there without an attorney. However, if the defendant has no income or assents, then you're not likely to get anything.
2006-07-26 13:45:46 · answer #4 · answered by jeannieunderwood2003 2 · 0⤊ 0⤋
Some insurance policies include a replacement clause....
If the person who caused the wreck did not have a replacement clause then the insurance company is only obligated to pay the actual value of the car...i.e. age of the car causes depreciation.
I would suggest you call the person who hit your parents car, if it was their fault, and tell them because they did not have replacement insurance, unless they personally can give you replacement money that you will have no choice but sue...
At least this gives them a chance to make good on your parents damaged/totaled car.
If you parents are to bashful to call, then I would advice they retain an attorney.
2006-07-26 11:51:08 · answer #5 · answered by Rada S 5 · 0⤊ 0⤋
If they have already accepted the money for the insurance company they are screwed. If they haven't I suggest the call a lawyer. They can probably get a lot more than 3,000. Depending on how it happened and who's fault it was.
2006-07-26 11:42:36 · answer #6 · answered by Q~T 5 · 0⤊ 0⤋
if they had insurance will the car is getting repaired they should get a loaner. Or a rental car til they get a new car. The insurance company has to pay that.Or who evers fault it was in small claims. also its a loss on income taxes
2006-07-27 10:11:23 · answer #7 · answered by mike L 4 · 0⤊ 0⤋
If there was a 2nd party at fault, they can go after them in small claims court. Otherwise, they will have to get a car loan and pay it off.
2006-07-26 11:34:07 · answer #8 · answered by notyou311 7 · 0⤊ 0⤋
go to the bank and get a loan. go to the dealiships, they will loan anyone money, but be prepared to get ripped of if you aren't careful. $3000 is a nice down payment on a used car, too.
2006-07-26 11:33:51 · answer #9 · answered by Queen of the Dachshunds 5 · 0⤊ 0⤋
Sue the idiot that hit them!
2006-07-26 11:32:54 · answer #10 · answered by Salem 5 · 0⤊ 0⤋