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Additional or Replacement Auto
Q: Our insured has a personal auto policy with three vehicles listed. On Nov. 6, 2013 she purchased a 2005 Pontiac which was meant to replace listed vehicle number one on her policy, a 1997 Monte Carlo. The agent contends the insured had a buyer lined up for her Chevrolet Monte Carlo and had every intention of selling that vehicle. The registration plate was transferred from the Monte Carlo to the 2005 Pontiac. The insured did not sell the Monte Carlo that was on her policy as the sale fell through.
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