Here is the story. My father in law was driving my wife’s car and he got into an accident that completely totaled the car. Fortunately for his life, the car had airbags. Fortunately for our money, it was the other driver’s fault (he was speaking on a cellphone, took a left turn without looking…crash!)
So anyways, none of the drivers were seriously injured. My FIL got covered in bruises and his neck was hurting him but no broken bones, internal injuries or anything that serious. The other driver (let’s call him john) is in even better condition apparently.
The cop present at the scene estimated the Damages around $3500.
Time to talk about money. John’s insurance provided us with a nice rental car that we can use for 5 more days.
The car was a Ford Escort 95’ with manual transmission in a fair shape. We had bought it a year ago .John’s insurance (state farm) just called and is willing to give us money since repairing the car would cost more than it’s estimated value. They want to give us the NADA blue book value of the car : $3096
But the closest to this car we can find in our region (fort lauderdale, Florida) are 98’ models that sell for around $4800. It seems unfair to me that the burden to find a replacement car falls on us. what to do?