DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Anyone ever buy a vehicle back from the insurance co?

**elossenen** · 09-02-2012, 02:32 AM

good news you are ok. A car I once own which was totalled was towed to my house. The insurance co came out and assessed it. They wrote it off and told me that if they paid me out they would take ownership to the car. Once I had received the payout, I called a scrap metal dealer who came and took the car. Paid me something like $750 on top of the payout. When insurance co came to pick the car up no one knew where it was. Oh well.

Seems the key question to ask is, who has possession of the vehicle?

09-02-2012, 02:32 AM	#14
elossenen Join Date Oct 2005 Posts 410 Senior Member	good news you are ok. A car I once own which was totalled was towed to my house. The insurance co came out and assessed it. They wrote it off and told me that if they paid me out they would take ownership to the car. Once I had received the payout, I called a scrap metal dealer who came and took the car. Paid me something like $750 on top of the payout. When insurance co came to pick the car up no one knew where it was. Oh well. Seems the key question to ask is, who has possession of the vehicle?
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