Quote:
|
Originally Posted by maxferran
I have a question too. If you sell a car that is insured and sell to a scammer, does insurance pay for it if the funds never show up? I would think they would because the bill of sale is null and void if the funds are not swapped? I would think it's stolen.
|
Loss due to theft resulting from embezzlement or other unlawful conversion is generally excluded. Don't expect your insurer to to guarantee the fidelity of your buyer.