Can you keep the money from an insurance claim
Your insurer fulfilled their responsibility to you by paying out the claim, and, as long as your policy and your state’s laws allow it, you can keep the money for other uses.
If the damage to your car was just cosmetic and you’d rather spend the money for repairs on something else, you might choose to do this..
Does the insurance company pay me or the Body Shop
Many car insurance companies encourage their customers to work with one of their preferred or “Direct Referral Program” auto body repair shops. You can usually choose whichever repair shop you like, but if you go with a preferred shop, your insurance company will likely pay the repair shop directly.
When a car is totaled who gets the check
Your insurer will determine whether the vehicle is a total loss, based on repair costs. Your insurer will issue payment for the actual cash value of the totaled vehicle, minus your deductible on your comprehensive or collision coverage.
Can I settle car damage without insurance
If you’ve experienced a minor bump with another driver, you may be tempted to settle the costs privately without getting the insurance providers involved. … Drivers must have valid insurance which covers you in the event of damage or injury.
Do I have to accept the insurers offer on a totaled vehicle
Remember, the insurer can’t take ownership of your car until you accept the settlement figure, so don’t agree to a price you’re not happy with. … If you don’t think the insurer’s offer is a realistic reflection of the car’s value, contact the firm and use the evidence to back up your claim.
How does car insurance work if I’m not at fault
Even if you’re not at fault, you can make a claim with your insurance company for payment of damages and injuries — if you have the right coverages. … It will pay for the cost of repairs or total loss of your vehicle. If you take this approach, you will have to pay your collision deductible toward repairs.
Can an insurance company force you to fix your car
The insurance company will require the vehicle to be repaired if you want to continue your comprehensive or collision coverages. It only makes sense: the insurance company does not want to continue to insure a vehicle for future physical damage if the vehicle has already been damaged and not repaired.
Can insurance company make you use used parts
Since your vehicle was used, they can probably use some form of used parts, but they must be quality parts. If you are making a claim under your collision coverage, your insurance policy language will state the type of parts your insurance company can use.
What happens if you don’t use insurance money for repairs
The insurance company has met its obligation by paying the repair costs for the damages that it found. Your car insurance company shouldn’t take the money back or consider it fraud if you don’t use the insurance money to repair the vehicle.
What if insurance check is more than repairs
If your insurance company sends you a check for reimbursement that is more than the cost of your repairs, you should notify your insurance company of their error. … If the insurance check is more than the repairs, you should not just keep the money.
Do you have to use the body shop the insurance company recommends
You don’t have to use the body shop that the insurance company recommended. The choice is yours — by law, in the majority of cases. … The shop will have met the insurance company’s equipment and training requirements. Insurance companies will also require their shop to provide a lifetime warranty.
Can I refuse an insurance repair
The insurance policy gives the insurance company, not you, the right to decide whether it is cheaper for them to repair or replace the car. So, the short answer is “NO. YOU CAN’T REFUSE THE CAR.” If the car was taken to one of the very few Excellent car repair facilities, you should be okay.