boarderline04
Junior Member
What is the name of your state? Arkansas
My Insurace company said that in order to find my car's retail value, they went to AutoTrader.com, found two cars similar to mine, averaged the asking prices, and came up with my car's retail value. Is that legal? I have had both my loan officer and another insurance agent (from another company) laught at this practice. One of them told me that if my insurance company will not give me the blue book retail value, I can take this to court? Advice???
My Insurace company said that in order to find my car's retail value, they went to AutoTrader.com, found two cars similar to mine, averaged the asking prices, and came up with my car's retail value. Is that legal? I have had both my loan officer and another insurance agent (from another company) laught at this practice. One of them told me that if my insurance company will not give me the blue book retail value, I can take this to court? Advice???