Greenhouse v. Southern Security Insurance Co.

DOUCET, Judge.

Plaintiff-Appellee, Anthony Greenhouse, seeks to collect insurance benefits for the total loss of his 1978 Ford Fairmont Futu-ra.

Greenhouse bought the car for $4,200.00 in early 1982. He reported the loss to his insurer, Southern Security Insurance Company in March 1983. Southern Security assigned the case to Francis Smith Appraisal Service. Francis Smith, Jr. assessed the cash value of the vehicle at $2,500.00. He further stated that the NADA value was approximately $2,800.00 and that the average selling price in Central Louisiana was $2,530.00. A local used car dealer, Mr.…