Question: If the insurance co. declares it totaled, wouldn’t they pay out so the driver could get another car?
PITA, of course, but it isn’t as if one would be stranded forever at home.
They’re probably having a lot of these claims, and the repair costs are beginning to add up. Plus, in the current market, the payout from totaling the car may not even buy an adequate used replacement.
It’s a veiled threat so they don’t have to pay for the repairs.
Why?
Because Deep State doesn’t want you driving.
https://www.autoinsurance.com/articles/catalytic-converter-theft/
Scroll down to the bit about “Dors insurance coverage catalytic converter theft”.
You’d better have comprehensive.
And Deep State’s cool with making you get it.
Sure they might. And they also might raise your rates if not outright cancel you.
Insurance would only pay the “market value” of the vehicle. So even a perfectly fine 20 year old Honda would fetch 1500 bucks. What can you buy with that?
What would be targeted on electric cars?