A
ambolina
Guest
What is the name of your state? California
The Situation:
Me: in bed asleep at 3am
My car: legally parked on the street in front of my residence
The accident: Two taxi's from the same company were in an accident w/ eachother and one of them spun into my car with enough force to shove it up over the curb onto the grass, ruining both my front wheels/rims, driver side fender, front axl, and bunch of other front end damage on the underside.
The insurance company for Yellow Cab admits it is 100% their fault. Because the only person who handles claims at this company was out on vacation when this accident happened, I had to fight with them to just get my car towed off the street and get a rental car. They said I had to wait until the woman got back or go through my own insurance. Jerks. At any rate, I eventually got them to tow it to my mechanic who said it was all repairable and the adujuster came out and agreed with him. Then the adjuster called me today and said they may have to write my car off as a total loss. The damages are at 4k right now but there's one other thing he had to check still to see if it was a loss or not. My car is a '95 Cheerokee and he said they would go to AutoTrader and get the average of 3 comprable cars and that is what they would pay me.
However, I have 6 payments left on my car ($2000). The adjuster said I would have to take the money they gave me from that average of what my car is worth and use that to pay off my car THEN buy another. That doesn't seem right. Shouldn't they have to pay off the rest of my loan AND give me what my car is worth?
Is this a situation where I should get a lawyer if they do decide my car is a loss? I was really looking forward to having my car paid off! The idea of being given around $6000, using 1/3 of that to pay of my existing loan, then trying to get a new car with that pilthy remainder makes me angry. This was completely not my fault and I'm hardly going to be compensated.
Advice please? Thank you!
The Situation:
Me: in bed asleep at 3am
My car: legally parked on the street in front of my residence
The accident: Two taxi's from the same company were in an accident w/ eachother and one of them spun into my car with enough force to shove it up over the curb onto the grass, ruining both my front wheels/rims, driver side fender, front axl, and bunch of other front end damage on the underside.
The insurance company for Yellow Cab admits it is 100% their fault. Because the only person who handles claims at this company was out on vacation when this accident happened, I had to fight with them to just get my car towed off the street and get a rental car. They said I had to wait until the woman got back or go through my own insurance. Jerks. At any rate, I eventually got them to tow it to my mechanic who said it was all repairable and the adujuster came out and agreed with him. Then the adjuster called me today and said they may have to write my car off as a total loss. The damages are at 4k right now but there's one other thing he had to check still to see if it was a loss or not. My car is a '95 Cheerokee and he said they would go to AutoTrader and get the average of 3 comprable cars and that is what they would pay me.
However, I have 6 payments left on my car ($2000). The adjuster said I would have to take the money they gave me from that average of what my car is worth and use that to pay off my car THEN buy another. That doesn't seem right. Shouldn't they have to pay off the rest of my loan AND give me what my car is worth?
Is this a situation where I should get a lawyer if they do decide my car is a loss? I was really looking forward to having my car paid off! The idea of being given around $6000, using 1/3 of that to pay of my existing loan, then trying to get a new car with that pilthy remainder makes me angry. This was completely not my fault and I'm hardly going to be compensated.
Advice please? Thank you!