older car, total loss, still driveable

[e.marler]

What is the name of your state?Alabama Not our fault. Damage all cosemetic. Car still mechanicaly sound. Insurance should be out 2500 plus car rental. Technically the car is worth nothing on paper. What is their obligation to me.

 

[JETX]

What is the name of your state?Alabama Not our fault. Damage all cosemetic. Car still mechanicaly sound. Insurance should be out 2500 plus car rental. Technically the car is worth nothing on paper. What is their obligation to me.

If the insurance determines that you are not at fault, they will do the less expensive of:
1) Return your car to its condition immediately prior to the accident, or
2) Purchase the car from you at its fair market value, immediately prior to the accident.

 

[e.marler]

Car has no value on paper

 

[JETX]

Car has no value on paper

Then I wouldn't be looking for a big check.

 

[e.marler]

i just want to know if they have a set minimum legal obligation or can they just say that the car was worth nothing before the accident so we're giving you nothing. Car is 1994. 164 thou. miles, prior front end damage, totally ragged out interior. Husband's work car.

 

[rmet4nzkx]

Good thing it still runs.