If my vehicle get stolen, how much that I can carry from insurance company next to a 500 $ comprehensive policy?
How much do they pay? Do they foot the exact price of that vehicle or just some percentage?
Answers:
Most insurance companies payment the current value of your vehicle and it is right down to the vehicle current condition and milage taken into consideration, minus the $500.00 deduction. Best Wishes and God Bless!
Most compaies will discharge the actual cash efficacy of the vehicle minus the $500 for comprehensive. Good Luck
It should also be noted that the money goes to the lender first if you are still making payments on it. And they will save whatever it take to pay sour the balance owed.
You would grasp the actual cash pro of your vehicle at the time of the loss. They can use blue book or get preview dealer quotes. You can dispute the information by getting your own dealer quotes if greater.