3 ms·
Go one step further with the car, you salvage the car, they say it’s worth $100, does the insurance company have to sell it to me if I offer $101?
by sahila 3y ago
Go one step further with the car, you salvage the car, they say it’s worth $100, does the insurance company have to sell it to me if I offer $101?
- sokoloff 3y agoOf course not. That’s implied by my agreement with GP’s first paragraph. Whoever owns private property decides its disposition. Depending on what you mean by “you salvage the car”, either the car was never owned by the insurance (in which case they obviously can’t sell it for any price) or it is owned by them (in which case they still don’t have to sell their private property at all, nor to a $1 over-bidder, and not necessarily to the highest bidder).