How copious race out near do you deem purposely achieve their coup¨¦ stolen to gain the insurance to earnings it rotten?
I mean honestly cars really go upside down physical FAST now especially if you bought new perchance 2 years ago
So how many of you think associates who are just tired of their car, achieve gap coverage, and purposely leave it someplace they know it will get hold of stolen at?
Answers:
My guess would be in the order of 30%. Though it could be higher or even lower.
Only the ones that don't think things through particularly!
The insurance company is only "on the hook" for the estimated replacement value of the coup¨¦ in most cases! If you owe more than the car is worth the entire insurance check will dance to the finance company to help retire your debt. You will still owe the symmetry of the note.
If the car is "recovered" within good condition ... the insurance company paid for it ... it belongs to the insurance company very soon!
The person would have no vehicle ... and an outstanding loan with the finance company.
I've never done stolen, but I did smash one up once. Right into a pole. It wasn't worth much, but it was fun.
2 percent
Not too many, less than 5%. I believe most general public are basically honest.
People do it all the time. I truly know a couple of people who have done it.
I know someone who planned to get his car stolen, but problem be even tho he had spent about 20k on modifications to it, the insurance would lone pay him for the basic price of the coup¨¦ *4k*
so he didn't bother.
284,996 PEOPLE............. THAT JUST MY GUESS THO!
Related Questions:
So how many of you think associates who are just tired of their car, achieve gap coverage, and purposely leave it someplace they know it will get hold of stolen at?
Answers:
My guess would be in the order of 30%. Though it could be higher or even lower.
Only the ones that don't think things through particularly!
The insurance company is only "on the hook" for the estimated replacement value of the coup¨¦ in most cases! If you owe more than the car is worth the entire insurance check will dance to the finance company to help retire your debt. You will still owe the symmetry of the note.
If the car is "recovered" within good condition ... the insurance company paid for it ... it belongs to the insurance company very soon!
The person would have no vehicle ... and an outstanding loan with the finance company.
I've never done stolen, but I did smash one up once. Right into a pole. It wasn't worth much, but it was fun.
2 percent
Not too many, less than 5%. I believe most general public are basically honest.
People do it all the time. I truly know a couple of people who have done it.
I know someone who planned to get his car stolen, but problem be even tho he had spent about 20k on modifications to it, the insurance would lone pay him for the basic price of the coup¨¦ *4k*
so he didn't bother.
284,996 PEOPLE............. THAT JUST MY GUESS THO!
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