bought vehicle{cash private owner} got bill of sale and then insured it fully then it was stolen … reported then recovered 3 weeks later insurance adjusted the damage as a total loss but they wont pay me because i never titeled the vehicle yet
bought vehicle{cash private owner} got bill of sale and then insured it fully then it was stolen … reported then recovered 3 weeks later insurance adjusted the damage as a total loss but they wont pay me because i never titeled the vehicle yet
Well, no surprise there. So, get the vehicle titled in your name with a note as to when you purchased it and thereby received what’s known in the law as “equitable title”.
Michael E. Hendrickson
Attorney & Counsellor at Law
211 North Union Street Suite 100
Alexandria, 22314
I agree. If you can’t do this yourself, have an attorney help you.
Cary Moseley
Law Office of Cary Powell Moseley, PLLC
916 Main Street, Third Floor
Lynchburg, VA 24504