sam dupont
Well-Known Member
The thread on insurance made me thing of this. A buddy had his stunning 68 Camaro run into. He wants to fix it, which isn't that odd when looking at the rust buckets people rebuild on this site. The insurance company says no, they own it now.
He could fix it with the settlement, but can't even come close to replacing it, plus, his Dad bought it new. How does that work, an agreement to cover damages is not a contract for sale. Unless it is in the fine print. But if it were, Don't they have an obligation to notify the car owner that the clause is in there? Do all insurance companies conduct business that way?
He could fix it with the settlement, but can't even come close to replacing it, plus, his Dad bought it new. How does that work, an agreement to cover damages is not a contract for sale. Unless it is in the fine print. But if it were, Don't they have an obligation to notify the car owner that the clause is in there? Do all insurance companies conduct business that way?