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Reply to "If my 80 year old parents crash their brand new SUV a few days after purchasing..."
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[quote=Anonymous]To answer OP's question, nothing. That money is gone. Insurance will not speak to you unless you are part of the policy. IF the car is totaled, insurance will pay your parents the value of the car (which will be less than they paid for it) and it's between you and your parents if they want to repay you the 5 grand out of that.[/quote]
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