Comments on: Can you get more money from an automobile accident if you are not injured? http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html Special weekend deals! Tue, 19 Apr 2011 21:50:31 +0000 http://wordpress.org/?v=8087 hourly 1 By: entidtil http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html/comment-page-1#comment-950 entidtil Sun, 28 Feb 2010 15:26:26 +0000 http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html#comment-950 You get only "fair market value" for your car. It is not the insurance companies fault that you still owe 7,000. on the car. That is your business and your concern. If you owe more than the car is worth, it is poor money managing on your part. You won't get any more from her insurance company. For the future, you may want to educate yourself about GAP insurance if you insist on living beyond your means. You get only “fair market value” for your car. It is not the insurance companies fault that you still owe 7,000. on the car. That is your business and your concern. If you owe more than the car is worth, it is poor money managing on your part. You won’t get any more from her insurance company. For the future, you may want to educate yourself about GAP insurance if you insist on living beyond your means.

]]> By: sensible_man http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html/comment-page-1#comment-949 sensible_man Sun, 28 Feb 2010 14:58:32 +0000 http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html#comment-949 You will get the "market value" of the car. If you overpaid for the vehicle, it is your problem. If you get $10,000, you will pay off the loan and have $3000 left, which is exactly where you stood before the accident. Don't be surprised when you find the car wasn't/isn't worth what you owe on it. You will get the “market value” of the car. If you overpaid for the vehicle, it is your problem. If you get $10,000, you will pay off the loan and have $3000 left, which is exactly where you stood before the accident. Don’t be surprised when you find the car wasn’t/isn’t worth what you owe on it.

]]> By: bethanne http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html/comment-page-1#comment-948 bethanne Sun, 28 Feb 2010 14:06:29 +0000 http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html#comment-948 No. That's the point of insurance, and be happy that you got (or are expecting to get) at leasy $10K. I doubt that any lawyer would take your case, seeing as you were not injured, simply so you can get some more money since you apparently don't want a $5k car (there are several decent ones out there, BTW) No. That’s the point of insurance, and be happy that you got (or are expecting to get) at leasy $10K. I doubt that any lawyer would take your case, seeing as you were not injured, simply so you can get some more money since you apparently don’t want a $5k car (there are several decent ones out there, BTW)

]]> By: rejectedzipper http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html/comment-page-1#comment-947 rejectedzipper Sun, 28 Feb 2010 13:33:37 +0000 http://www.somethingforweekend.com/2010/02/28/can-you-get-more-money-from-an-automobile-accident-if-you-are-not-injured.html#comment-947 An insurance company's job is to avoid paying out if possible, delay payment as long as possible and pay the lowest amount possible, so they almost certainly will NOT be interested in giving you any more money. That said, you could ask the finance company to cut a deal - what discount will they give you to pay the balance early - they might accept $5k and that would boost your credit score - especially if you ask them to advice their credit agency what a good customer you were. Thus you might be able to pay a little more for the next one. An insurance company’s job is to avoid paying out if possible, delay payment as long as possible and pay the lowest amount possible, so they almost certainly will NOT be interested in giving you any more money.

That said, you could ask the finance company to cut a deal – what discount will they give you to pay the balance early – they might accept $5k and that would boost your credit score – especially if you ask them to advice their credit agency what a good customer you were.

Thus you might be able to pay a little more for the next one.

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