Legal Question in Real Estate Law in Virginia
My 20 year old daughter totaled her friends 1997 Toyota Camry. The car was covered with only liability insurance. Is my daughter legally obligated to repay the cost of the wrecked car or to pay for a replacement car?\nAndy
Asked on 7/31/09, 5:26 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
She should be responsible for paying no more than the wrecked car's FMV (Fair Market Value)at the time immediately prior to the accident.
Answered on 8/05/09, 7:23 pm