Quote:
Originally Posted by sixto
A friend of friend gave up a leased car to an on-line lease trading service. Turns out it was a scam -- they took the car and disappeared. The paper trail leads nowhere, police can't be of further help unless the car is recovered.
Insurance won't cover it as a theft because the car was surrendered voluntarily... however different that is from voluntarily ceding your car to a carjacker.
There might be details in the policy but what do folks think of this situation? Is it worth suing the insurance company? Are leased cars covered for the value of the car or the remainder of lease payments?
Sixto
87 300D
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I would certainly have to see the policy, but at first blush, that sounds like bad faith if he didn't receive any remuneration at all from the cons. The policy language is probably referenced in the claim denial letter. Can you post it?