How long to settle and who pays the payments?

by drizzle » Sun Nov 09, 2008 04:20 am

It has been 4 1/2 months since the incident where my truck was totally buirned. No payment from Farmers. I continue to pay my monthly payment. GAP says they will pay for the principle part of the payment.
Who will pay for the interest that I have paid?

Total Comments: 3

Posted: Sun Nov 09, 2008 05:38 am Post Subject:

No one.

If it's been over 4 months, Farmers should have a reason why the claim has not been paid. I can't see any reason why it would take then that long to investigate possible fraud. If they cannot tell you the status of give you a time frame, I'd recommend filing a complaint with your state's Dept of Insurance.

Posted: Sun Nov 09, 2008 10:56 am Post Subject:

If and when they do settle they only owe the Actual Cash Value of your vehicle nothing more, what you owe or the interest you pay has zero to do with the amouint they pay...

What's the hold up? What are they saying?

Posted: Sun Nov 09, 2008 06:07 pm Post Subject: The Judiciary

If they refuse to pay sue them to court the Judiciary will help you

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