First of sorry about the shitty title. The oxycodone (just got wis-dumb teeth drilled/yanked) limits my capacity right now. My question is this. Have many of you guys got screwed over by your insurance companies after you ITR's got stolen by gutless ******? Basically, I'm looking at a 97 in really good shape and blue book says that it's worth about $13k. I'm just worried about the worst case scenario: finance the whole paid amount ($18k or so), cars gets stolen, insurance gives me blue book (13-14 thousand) and I still owe bank $3-4 grand! Has this happened to anyone or can it legally happen. I guess I could pay for more insurance coverage.

My sympathy goes out to those who have had their pride & joy taken by theives.

 

You should of a coverage called loan/lease gap coverage. That would cover the difference in loan balance and value of the vehicle. Very inexpensive coverage to have.

 

Thanks bro. That's pretty much what I figured. We all know how insurance companies work, if you want do dish out more money for more coverage, they'll gladly accept.

 

When mine was stolen I think I got screwed simply because after it was recovered the insurance company took 53 days to tell the shop to put a new interior in it, which left me without a car for almost 2 months and no rental car.

Not really answering your question, but yes the insurance company screwed me.

 

Sorry to hear about the screwage (new word?). So are you in NC or no?

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by type r 01-1063 &raquo;</TD></TR><TR><TD CLASS="quote">You should of a coverage called loan/lease gap coverage. That would cover the difference in loan balance and value of the vehicle. Very inexpensive coverage to have.</TD></TR></TABLE>

You'd usually purchase the "Gap" insurance when you buy/finance the car.