Legal Question in Insurance Law in California

Insurance claim

My car was involed in a hit and run while i was on vacation, the car is considered a total loss by my insurance company. The money they are offering is 2 thousand less then the retail value. How do i make sure that i'm getting what my car was worth before the accident?


Asked on 8/23/02, 6:08 pm

1 Answer from Attorneys
Armen Tashjian Law Offices of Armen M. Tashjian

Re: Insurance claim

The test is the fair market value. If your insurer is offering you less than the FMV for your geographic location, then your insurer is trying to sc... you. Don't let them do that to you.

Hire a lawyer, if they do not change their tune.

Good luck...

P.S. Next time there is a bill or ballot measure for insurance responsibility and/or accountability, remember to vote.

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Answered on 8/26/02, 10:27 pm


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