Posted On: May 14, 2008, 8:07 am CDT

Posted By: Fred,

.
.

The Professor,

We could quibble over a few minor details.. but overall your comments are well stated. With that said, I'd like to add a bit to your ending comment, which was:


""The insurance company should have the right to verify that repairs have been made and the vehicle is safely drivable, if they continue to insure the vehicle.""


If when verifying the condition of the auto they find that no repairs have been made, and they still insure the auto, should that insured's premiums be lowered slightly??

My thoughts are...

Say the damage was from a Deer sliding down the passenger side of the car creating about $3000 in damage. The car is safe to drive [just looks like Crap].

At a later time another deer slides down that same side.(where I live that's not an unusual event) If it had been repaired the insurer would be paying another $3000 to repair it again. But since it wasn't repaired they likely won't pay any Dollars at all, saving the insurer $3000.

Also,in the event of a subsequent Total Loss the Insurer will reduce the value of the car by an substantial amount, again saving the insurer somewhere close to $3000.

So, since the vehicle is worth less and one whole side is somewhat uninsured, why should they be paying the same Premium as an auto that is undamaged and worth more??

Just thinking out loud.

Fred,