I had a friend who got his truck repainted and he said insurance covered the whole thing because it was an improvement that brought up the value of his truck. Is that possible because my car really needs a new paint job and its only five years old?
2006-09-25 02:30:01 · 11 answers · asked by smalltownangel 4 in Cars & Transportation ➔ Insurance & Registration
Very -very remote chance! Unless the car is still "new" and under factory warranty... You might be able to succesfully argue the case that it wasn't done right at factory.
Otherwise you would have to have some type of insurance that covers just the paint, - which if available, -would probably cost you about as much as a paint job every 2-3 years!!
2006-09-25 03:00:07 · answer #1 · answered by guess78624 6 · 2⤊ 0⤋
NO! The only time that the insurance company will pay for the entire car to be painted would be if a covered loss, like vandalism under your comprehensive coverage (say someone sprayed graffiti all over it) occurred and the only way the damaged vehicle would be the way it was before the loss would be to paint the whole vehicle. Your friend is shining you on.
I've seen in some instances where special paint cannot be matched to fix one damaged area from an accident (like prismatic paint) will necessitate paying for the entire vehicle.
Otherwise, that's not what insurance is for. Wear and tear and fading, etc. are specifically excluded under policies.
2006-09-25 11:36:51 · answer #2 · answered by Chris 5 · 1⤊ 0⤋
Unless the paint was damaged from an accident of sorts that would be insurable, no insurance company will pay to have your vehicle repainted simply to increase its value.
Your best bet would be to simply trade the car rather than sink a few thousand into a decent paint job. Any car that is having body issues like that (assuming it has been properly maintainted) at only 5 years will undoubtedly give you other problems.
2006-09-25 02:56:47 · answer #3 · answered by Stumpy 4 · 0⤊ 0⤋
What you are contemplating is Insurance Fraud and that is a Federal offense. It is not a good Idea to attempt to make an Insurance company pay for something that has not been marred by accident or Nature. That friend that had the Insurance Company pay for his paint job will be paying for it in the increase cost of his Insurance. If the car increases in value, the Insurance will go up.
2006-09-25 05:20:15 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Paint jobs are not insured. if your friend's vehicle was in an accident, the repairs would include paint for the repaired area. Many shops will do a deal to paint the whole vehicle for a really good price when they are doing the insured repairs.
2006-09-25 08:49:32 · answer #5 · answered by Fred C 7 · 0⤊ 0⤋
Read your policy, then call and talk to your agent. It's doubtful, and the chances are your friend is stretching the truth a bit, since insurance doesn't pay for 'improvements' that increase value. Depreciation bring value down faster than improvements bring it up.
2006-09-25 02:44:37 · answer #6 · answered by oklatom 7 · 0⤊ 0⤋
Your friend is full of $hit. If insurance painted his vehicle it is because it was damaged and paid for under a covered loss. Just because your car needs painting is no reason to expect your insurance to pay for it. You COULD read your policy...duh.
2006-09-25 13:47:46 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I think he lied to you lol .Why would an insurance company want to raise the value of a vehicule they assure ?Wouldnt it be the other way around unless now they stick him with higher premiums .
2006-09-25 02:46:49 · answer #8 · answered by ground_control_to_reality_check 4 · 0⤊ 0⤋
Someone's yanking your chain! Don't be so gulible! If that were the case insurance companies would be out of business yesterday!
2006-09-25 04:09:12 · answer #9 · answered by Anonymous · 0⤊ 0⤋
pay the deductible
2006-09-25 02:44:21 · answer #10 · answered by Stan 3 · 0⤊ 0⤋