Quote:
Originally Posted by kayess
From reading what everyone is telling me, I will reschedule and have my lawyer present with me. I will inform the Progressive investigator after i consult my lawyer on a good date and time.
MacCool, currently when i spoke to my bank, they stated that they just pulled the insurance information and it would be what the insurance company currently reflects, which is no full coverage, they aren't sure why progressive would allow that even when they know the car is on a loan and currently show that information. Everything is starting to fall on my side of the court so lets see what happens.
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I find it interesting that your bank's reaction is to wonder why Progressive would allow non-full coverage even when they know it's a loan. Seems like your bank is deflecting its own responsibility. In other words, I want to know why the
bank would allow the loan to go through without full coverage. Where's their responsibility in all this? I picked up a new STi this past June. I financed it through a bank with the financing department at the dealership acting as their authorized agent. Before they'd sign off on all the paperwork and hand me the keys, they checked and double-checked that I had full coverage on behalf of the bank. I had to have the insurance company fax my coverage info to them directly the day before I went to pick up my car (which had to be ordered in). Then once I arrived to pick up my car, they called the insurance company in my presence just to verbally verify my coverage details on the fax. So my point is, if we're assigning blame, don't forget to spread some of it to the bank itself. They failed to exercise due diligence as the lien holder.