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Old 03-03-2015, 08:37 PM
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upallnight upallnight is offline
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Quote:
Originally Posted by sunny5280 View Post
The point being he'll have already been "compensated" for diminished value because the insurance company will have paid him for the vehicle when (if) they total it. The cost to buy it back, repair it, and eventually resale is irrelevant.
Am I the only one that don't understand this reasoning????

Insurance companies do not give you back what you think your car is worth, but what they think the car is worth less the "Deductible".
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