• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Law Offices of Jonathan G. Stein Logo
(916) 247-6868
  • Home
  • About Me
    • Organizations, Publications and Presentations
  • About You
  • Practice Areas
    • Debt Collection
    • Estate Planning
    • Personal Injury
    • Landlord Tenant
  • Client Testimonials
  • Resources
    • Blog
    • Brochures
    • Helpful Links
  • Contact

Buying Wrecked Cars

January 30, 2007 by Jonathan Stein

I tell my clients that once their car has been in a wreck and declared a total loss, they should give it to the insurance company. The car will never be fixed to your standards again so why deal with the hassle? Let the insurance company deal with it.

Well, at least as far as State Farm is concerned, “dealing with it” may mean selling it back to the public – without the proper title. OOPS! State Farm has apparently sold 30,000 of these vehiclees without the proper title and they are now being sued for failing to disclose this.

Apparently, the fine folks in the state of Indiana got a better deal: the car was bought back for book value at the time they purchased it, plus cost of repairs plus finance charges. There is a global settlement with the other states and some people have opted out.

This is an unbelievable issue. How on earth State Farm could sell these vehicles without the proper title is beyond me! Chalk this up to the insurance companies, once again, thinking they don’t have to play by the same rules.

Categories: Auto Insurance, Consumer Issues, Current Affairs, Law

Primary Sidebar

Sign Up For Our Newsletter Below

Lists*

Allow Me to Help You

    Footer

    Contact Us

      Practice Areas

      • Debt Collection
      • Estate Planning
      • Personal Injury
      • Landlord Tenant
      The information contained in this website is provided for informational purposes only, and should not be construed as legal advice on any matter. The transmission and receipt of information contained on this Web site, in whole or in part, or communication with The Law Offices of Jonathan Stein via the Internet or e-mail through this website does not constitute or create a lawyer-client relationship between this firm and any recipient. You should not send any confidential information in response to this webpage. Such responses will not create a lawyer-client relationship, and whatever you disclose will not be privileged or confidential unless this firm has agreed to act as your legal counsel and you have executed a written engagement agreement with The Law Offices of Jonathan Stein. The Law Offices of Jonathan Stein © 2023. All rights reserved. | Sitemap | Privacy Policy | Disclaimer