My question involves insurance law for the state of: Oklahoma
I financed an RV trailer with Credit Union. During the finance process I provided specific detail to CU as to year make model and VIN number. The Credit union derived the NADA value @
Due to weather conditions the unit was a total loss.
The credit union listed 33,795 as the NADA/MSRP value The loan amount was 31,500, insurance company paid 16,800 leaving the difference to GAP claim. GAP insurance paid just small amount over 2000, leaving 12,000 balance. The credit union had to surrender title to Insurance company after their settlement however; they still have me responsible for over 12,000, Do i have any recourse in this matter.
I financed an RV trailer with Credit Union. During the finance process I provided specific detail to CU as to year make model and VIN number. The Credit union derived the NADA value @
Due to weather conditions the unit was a total loss.
The credit union listed 33,795 as the NADA/MSRP value The loan amount was 31,500, insurance company paid 16,800 leaving the difference to GAP claim. GAP insurance paid just small amount over 2000, leaving 12,000 balance. The credit union had to surrender title to Insurance company after their settlement however; they still have me responsible for over 12,000, Do i have any recourse in this matter.
Business Insurance: Gap Insurance Purchased Lein Holder Credit Union
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