Say if your car or truck is a lease and it's been stolen do u get full value or half.Car is new.?

Question

Do insure complany give blue book or base it on car value

Answer 1

they just give you  value of your car alot of factors year milage etc.unless you have gap insurance which i strongly recomend even if you wreck your car if it is your fault all you get is base value so spend the few extra bucks and get gap insurance so you wont be paying on a car you no longer have

Answer 2

If your car is a LEASE.......the LEASING COMPANY will get the Actual Cash Value of the car.

YOU will get anything that is over and above what your residual balance is.

Good luck and I hope this helps!

Answer 3

You will get "fair market value"