QUESTION
after my insurance paid, how do I recover what is owed on my car
Asked on Mar 29th, 2021 on Automobile Accidents - Florida
More details to this question:
my car is financed, I still owe 20,000. my insurance will pay 14,000. I do not have gap insurance. I was rear ended on I95. the other driver was ticketed for negligence .
2 ANSWERS
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
You don't. Under Florida law the person causing the crash is not responsible for your bad business deals on a car. They only owe market value of the vehicle, plus tax and title costs.
Answered on Mar 31st, 2021 at 1:11 PM
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4 Awards
Sorry Karin, they only owe you cost to repair, however, if it is totalled then the amount owed is fair market value, plus sales tax.
Answered on Mar 29th, 2021 at 10:13 PM
50M dollars recovered in Personal Injury, Medical Malpractice and Wrongful Death. Life Member Million Dollar Advocates. AV rated. Former Ins Adjuster