Junior Member, warming up (<31 posts)
Join Date: Jun 2012
Location: Maplewood, NJ
Thanked 3 Times in 2 Posts
Question for the OP and maybe anyone else that understands the inner workings of insurance companies...
I've gone back and read a lot of the initial postings and there's one aspect of the story that I still don't understand. And that has to do with the OP's insurance company. I was taught that when you have an accident, the first thing you do is report it to your insurance company so that they can get involved on your behalf and start the ball rolling on the claim. But the OP's carrier doesn't seem to be part of the story here (or at least this thread), and that seems unusual to me. Wouldn't the insurance company have covered the loss? If the OP had made a claim with them, would that have precluded the eventual lawsuit against the dealership for additional damages? I'm thinking that given the circumstances, the OP's insurance company might have been able to get the FMV loss reimbursed by the dealer's carrier, but perhaps it's not that simple.
If standard auto insurance doesn't cover situations like this it would be interesting to know why.