Montemayor v. Great American Insurance Company
New case filed against surety bond Great American Insurance Company. We already established AutoProz, Inc. committed fraud. Shortly after the arbitrator awarded damages against AutoProz, Inc. for using false and deceptive documents to sell a structurally damaged BMW, the dealership closed and went into hiding. In California, every car dealership is required to have a $50,000.00 surety bond payable to people who have been cheated. The purpose of the bond is to ensure there is some money to collect if the dealership disappears—exactly what happened with AutoProz, Inc. Great American Insurance Company doesn’t want to pay out the bond money; this case is to force them to do exactly that.
If you were cheated by a dealership in California, we may be able to help even if the dealership disappeared or changed owners. In California, the surety bond and finance company can be liable for the dealer’s conduct. Give us a call for a free case evaluation (858) 348-1005.