• Hi Guest!
    If you appreciate British Car Forum and our 25 years of supporting British car enthusiasts with technical and anicdotal information, collected from our thousands of great members, please support us with a low-cost subscription. You can become a supporting member for less than the dues of most car clubs.

    There are some perks with a member upgrade!
    **Upgrade Now**
    (PS: Subscribers don't see this gawd-aweful banner
Tips
Tips

Insurance

vagt6 said:
The language that exists in your policy determines coverage: that's the only definition that that matters if you have a loss.
I agree, IF it's explicitly defined in the policy. But that does not make it the legally accepted definition.

Would you like references to the court cases that the insurance companies have lost, because they thought they could redefine the English language without spelling it out in the policy ?

I doubt it will go to court, but they're about to lose again here in CA, because they think they can redefine the word "fraudulent".

<div class="ubbcode-block"><div class="ubbcode-header">Quote:]If your policy in it's physical damage section contains the standard insurance definition of ACV, [/QUOTE]But, mine doesn't. And what I received was based on current market value, without ANY deduction for depreciation.

So, I stand by my original point, which is that not ALL insurance companies try to cheat you. If yours does, I suggest you look for a different one.

Sorry to hear you've been working that long for the er, ... well, nevermind !
 
Back
Top