Legal Question in Insurance Law in Arkansas
Recently my vehicle was declared a total loss by my insurance company. They said they would pay N.A.D.A. value for the (model, make, mileage, etc.)car and credit for recent repairs. The settlement check I received did not reflect either of those conditions. Should I send the check back with a letter of explanation or wait for a response from the insurance company?
Asked on 8/20/15, 9:13 am
1 Answer from Attorneys
R. J. Orintas, Sr.
ORINTAS LAW FIRM
You are entitled to the reasonable value of your vehicle, less any deductible, and NADA is usually higher than BLACK BOOK value...
Answered on 8/21/15, 7:48 am
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