insurance deductibles and bank loans

[Tom Love]

Yep. About 5 years ago when I bought the A4 Avant. They made it clear when 
signing the docs that $500 was the maximum allowable deductible.

T.L.
(in Wa. State with zero tickets or accidents)

----- Original Message ----- 
From: "Brett Dikeman" <brett.dikeman at gmail.com>
To: "Audi List" <quattro at audifans.com>
Sent: Saturday, June 20, 2009 12:18 PM
Subject: insurance deductibles and bank loans


> Hey all,
>
> I just had a nasty surprise at my bank, closing out a loan.  They
> handed my statement of coverage back to me and said "we'll cut you the
> check, but you need to have a $500 deductible, not a $1k deductible."
>
> This is going to drive up even more the already stupidly expensive MA
> insurance (thank you SDIP- never had an at-fault collision in my
> life), and a)I wasn't told about it before showing up to close, b)I've
> never heard of such a requirement.
>
> Anyone else run across this?
>
> Brett
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