Gieco Insurance, whom I have full coverage with all of my vehicles refruses to give me Full Resale value for my car which had been stolen and vandilized. I has been considered a total loss. I had a Mercedes C230 Kompressor (2000) with no damages or cosmetic issues, it was in perfect in condition. This car is currently selling at Mercedes and in the U.S. for $12,000 to $15,000 through out the U.S. and Gieco wants to pay me $6,400.00; stating that they don't follow blue book values and they want to pay me the amount that my car would sell for in the area in which I live.
I have visited Mercedes dealership who had my exact same model and similar milage and they were selling that car for almost $15,000 dollars, and among the other quotes we have gotten and forwarded to Gieco and not they don't answer the phone or return calls. In the mean time I am paying $505.00 a month for a car I don't have and truly can not afford to continue to pay for since I had to replace the car with another vehicle.
I have never missed a payment on my insurance nor have I had an accident. speaking of accidents, the babysitter took my car without my permission while I was out of town and scratched someones car. The babysitter did a depostion stating that they took the car without permission and stated that they have never driven my car before (also offered to pay for the accident)and Gieco put it on my driving record and clue report as an accident that I personally was at fault at.