Auto Insurance Claims: Car Insurance Claim, car insurance claim, chyrsler 300

Question
My name is Carl St. Louis, Im having a problem with my insurance company located in Florida. They are telling me that I cannot profit off of a loss. It was a 2006 Chyrsler 300, the regular edition. I purchased it for 6,000 dollars but the Blue book value of it is 8,000 dollars. And my insurance company is only offering me 6,000 which is what I paid for it, instead of the 8,000 dollars that its actually valued at. What is your opinion? Are they wrong or am I wrong?

Answer
If this is your insurance company, this is considered a first party claim.  A basic tenant of first party insurance is that you cannot profit from a claim.  If you bought it recently for $6,000, that is the vlue of the claim.

However, if this is an insurer who represents a party who damaged your vehicle, then that would be a 3rd party claim, and they would need to pay you the value the vehicle would sell for on the open market.