Car accident's in my driveway?

Question

A guy drove through 2 yards and crashed at a high rate of speed into both our cars in our driveway totaling my fiancés car and damaging mine after the insurance company pays the bank and the gap insurance pays the loan will be done. However she will have to purchase a new auto and do to unforeseen issues her credit has dropped and my prevent her from being able to get a new / used car loan or at least at a reasonable rate. Up until this she had a car to drive now because of his negligents she may not be able to have one. Is there any thing we can do?

Brad

Answer 1

No, there is nothing you can do. It is not the fault of the other driver or his insurance carrier that your fiance has poor credit.

The insurance company has done for  you all they are legally liable for.

Maybe you could put the car in your name or you could co-sign for your fiance?

Answer 2

if you have homeowners insurance that will cover the cars worth and wont effect your auto insurance rates

Answer 3

"MAY prevent her from being able to get a new/used car loan".  Has she actually tried to get a loan or are you just supposing?  I would shop for a loan.  She might be surprised to find someone will give her a loan at a reasonable rate.   As for doing anything about causing her hardship.  The other cars driver did not cause her bad credit so there is nothing she can do to him.

Answer 4

Try to have as much information as you could perhaps is one of the options,however it is labor consuming,here is the place i have ever had good experience with.http://car-insurance.easyideas4u.info/ca...

Answer 5

Most dealers are really hurting for sales right now. So try finding ones that still offer inhouse financing so you don't have to go to the banks which are s******g everyone to save their a**es after the subprime debacle. (Only Ford of the Big 3 is still offering inhouse financing, I believe). Visit several dealers and negotiate the best deal you can. Not having a trade-in should help!) And remember that the best time to make a deal is the last day of the month - when the dealer and the salesman are trying to pump up their monthly numbers. (The worst day is the first of the month because there's no pressure on them at that time.)

Good luck.    

Answer 6

No. The liable person is not responsible for her poor credit.  She may need a co-signer to get another loan.