Quote:
Originally Posted by TheMidnightNarwhal
Still why not 100%? As I wrote above aren't they loosing money until it reaches 100%?
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I figure because of the wreck value. The engine alone is worth quite a bit. So if the car is $20 to replace, insurance would prefer to cut me a cheque for $20k when the repairs and value of the wreck equal or even come close to the cost of cutting me said cheque. Remember the repairs process needs managing and is a cost unto itself.
That's my theory anyway.