A few weeks ago, my parents were involved in a car accident.
A car driven by a 17 year old ran a yield sign, hitting the front passenger side of my mom's Explorer. No one was hurt, except for her truck which received extensive damage.
Turns out, the car had no insurance on it. The kids father commented that he had not put any on it because he "didn't think (kid) would have a second accident within six months". oy
SO, my folks' insurance company would issue a check, and THEN go after the father of the delinquent driver.
Both the bodyman and field agent commented that her truck was worth repairing.
But when it came to the 'guy that writes the check', he decided that Mom's truck will be totalled, and a check for substantially less would be issued to her.
Now, my Dad pays for an 'uninsured driver' policy, and the truck's value is more than the cost of repair, but going against the field agents recommendation, the company decides to total her truck, issuing a check that wouldn't even come close to replacing her ride.
So, can someone tell me why we even pay companies to protect our investments, such as vehicles, and when someone ELSE damages it, decide to go easy on the 'inflicter', and penalize the victim?
