Krista
Wichita,#2Consumer Suggestion
Fri, September 26, 2003
How was your situation resolved?
Krista
Wichita,#3Consumer Comment
Mon, August 25, 2003
I work for a vehicle finance company (not Toyota) there are several factors that may have affected the verification of insurance. When we go through verification of insurance, we must make sure that the finance company is listed on the policy as a loss payee AND as an additional named insured, that the vin# is correct (it happens), and that the address and names match what we have listed on the account. The deductibles may not be more than $1,000 (may be different for Toyota). The State of Florida specifies $100,000/$300,000/$50,000 limits of liability or $500,000 combined single limit for liability insurance on lease accounts. I'm sorry for your experience and hopefully it works out for the best.