Pssst – Want To Know A Secret That Banks & Car Insurance Companies Don’t Share With You
Every single driver in the U.S. is required to have Car Insurance. And most of drive around confident that we have adequate coverage to protect us should we ever be involved in an accident.
Yet, almost 97% of all drivers are not adequately protected….and don’t even know it. Here’s what I mean.
Let’s say you’re involved in an accident and it’s serious enough that the car is considered a “total loss” by your Insurance Company. Or, maybe your vehicle gets stolen. A few weeks later, you get a check from your Insurance Company.
When you look at the amount, you’re shocked. It’s thousands less than what you owe on your car. How can that be, you ask?
Well, like most, your policy has this short clause buried somewhere in all that legalese –
“In the event of a total loss, the policy holder will receive the actual cash value of the vehicle, minus any deductible.”
Did you catch the 3, very important words in that clause? The three words are –...
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