Quote:
Originally Posted by Stomachbuzz
Some of y'all are missing the point entirely in your arguments about semantics of fine print.
Here's the deal:
If they break it, they buy it.
Period. The end.
It doesn't matter if you were driving a 1990 Honda Civic, or a 2020 Ferrari. If someone else damages your property, they owe you for the damage.
It also doesn't matter what's in or ON the car.
If they damage your property, they need to make you whole.
It doesn't matter if you have the newest, hottest, fly-est wheels and coilovers on your car, or whether you declared that to your own insurance company, OR NOT! It's irrelevant.
It doesn't matter if you had the Mona Lisa sitting in the passenger seat of your grandma's 1998 Buick.
If it's damaged, they pay for it. PERIOD
It's the same if someone rear-ends your car, or blows through the front wall of your home. Property is property.
The ONLY limit is the limit of the insurance coverage. If the person only has a $25k policy, that's all the insurance company is on the hook for.
If you have a strong case, and threaten to go to court, they might throw you $30k just to absolve guilt, but that's it.
You have to sue the insured for the remainder.
the fact that people don't understand this is...concerning to say the least.
People think someone can wiggle out of their obligations to replace your broken property with "you didn't declare your Volk wheels to your ins co so I don't have to pay you back!"
crazy...
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Maybe that is how it works where you are but it is NOT universal.
We have what is called "no fault" insurance here. Doesn't matter who caused the accident it all goes through your own insurance company so if your policy doesn't include it you are not getting paid.
I thought I was very clear in saying rules vary depending on location but I guess you figure what applies to you is the same for everybody. It ain't.