88 5kq hit by kid backing out of driveway

[cobram at juno.com]

I think you've been breathing that thin air a little too long.  

This is the law in Colorado, SAME as everywhere else:
Auto insurance policies only require the company to cover your financial
expenses, not to replace your vehicle. In the case of an accident
involving an older car, the cost of repairing the car can quickly exceed
the worth of the car. In that case, insurers will total the car and pay
you what the car was worth rather than fixing the car.  If this is the
case, the insurance company will declare your vehicle a "total loss," and
take action to replace your vehicle. If your car is declared a "total
loss," the insurance company buys your car for its market value. If you
wish to keep the wrecked car, you may purchase it back from the insurance
company for its salvage value. The insurance adjuster can deduct the
salvage value from the settlement and you can keep the car.

Give The Colorado Division of Insurance a call if you don't believe it,
Denver: 303-894-7490, Toll Free in Colorado: 1-800-930-3745.

You are entitled to recover the "fair market value" or the "actual cash
value" of your vehicle immediately before the accident, same as just 
about EVERYWHERE else in the free and not so free world.  

Baa baa baa, that's not fur on your back, it's wool.

BCNU,
http://www.geocities.com/cobramsri/
I live on a one-way street that's also a dead end. I'm not sure how I got
there.

"DeWitt Harrison" <six-rs at comcast.net> writes:
 
> Well, I'm completely stunned at how eager everyone is to roll over
> for the insurance companies. In my state, if it cost $10,000 to fix 
> a $2,000 market valued car, the responsible party's insurance
> company would be coughing up $10,000. It amazes me what
> a bunch of pathetic sheep the insurance industry has made you
> all into.
> 
> DeWitt
> '88 5kcstq
> Boulder, Colorado