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Can I assign a three party insurance claim check to my contractor?
Wiki User
∙ 8y ago
Yes you can, But it's up to his/her banking institutions banking policies to determine if they will allow your contractor to deposit the check. Most banks these days will not accept a 3 party check unless they know the account holder very well.
Wiki User
∙ 8y ago
Wiki User
∙ 6y agoThis depends on who the three parties are and why they are on the check. It also depends on what your contractor is willing to accept.
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If an insurance company writes a check for you and your contractor and you decide not to do the repairs do you have to get another check written or can the contractor sign the check over?
Do the work, the claim is going to count against you now that a check was issued. You should not have filed if you did not intend to do the work.
A contractor and his subcontractor are working the same job and the sub damages the contractors equipment whos insurance pays?
The contractor should make a claim upon the sub-contractors insurance and/or bond. If the sub-contractor defrauded the contractor on having insurance and/or bonding in place then he should report the contractor to the State licensing board, file claim on their insurance, and civil lawsuit (if the insurance company does not directly file or pay).
Can I accept property money damages from both my contractor's insurance co and my homeowners insurance?
No!! It is highly illegal for you to do this. When you make a claim on you home insurance for something that was the fault of your contractor you sign over all subjugation rights against this contractor to your insurance company. This means that if your home insurance pays any part of this claim you give them all your rights to go after the contractor, which they will do. They will go to the contractor and their insurance company to get reimbursed for any amount they paid plus costs. In most states it is considered insurance fraud for you to even try to collect damages from two places for the same claim.
What are the claim procedure in liability insurance?
The same as any claim. You just call the insurance company and notify them of your loss. If coverage is available then they will assign you a claim number and begin to process your claim.
Which insurance carrier pays on Florida condo negligence of contractor claim?
The contractors General Liability Insurance would cover accidents and quality of workmanship issues that result from the activity of the Contractor.
Can you claim poor workmanship on home owners insurance?
No. You can't claim poor workmanship on any kind of insurance, even the contractor's liability insurance. Poor workmanship is remedied by having the contractor come back out and re-do what was messed up in the first place. A contractors work product is specifically excluded from insurance if you read the exclusions.
can i be sued for not letting a contractor do the job after a insurance settlement. there is no signed contract, but he said because he came out when the adjusters made their final evaluations of my home, but there was also another contractor present also?
It depends on the specific circumstances and the laws in your jurisdiction. If there was no signed contract and you didn't agree to hire the contractor, it may be difficult for the contractor to successfully sue you. However, it's always best to seek legal advice to fully understand your rights and obligations in this situation.
What to do if the at fault driver has not reported a claim to their insurance?
You can file a claim with the at fault drivers Insurance Company yourself. You don't have to wait for the insured to do it. Just call them up report the accident and request a claim number. They are required by law to assign an adjuster whether or not their insured has reported it to them.
If you get your claim money for damages to your house from the insurance company and find a contractor to do the work for less can you keep the extra money from the claim?
Yes, you can keep the extra money you saved by finding a contractor to do the work cheaper than what the insurance company estimated. The insurance company prepared an estimate of the damage. If you could not find a contractor to do the work for what the insurance company estimated, you could ask them for more money. If they chose to pay you for the damage before it was fixed, they cannot ask for it back if you got the work done cheaper.
Can a homeowner insurance company file a claim against a homeowner's employee acting as a general contractor during a remodeling project?
Yes
Is there a particular form for filing insurance claim for contractor's breach and poor work performance?
No, You can communicate your loss notice on your own letterhead.
How long do you have to file a claim on your house insurance in va?
You will have to check your home owner's policy. It is a contract that you have with the insurance company and will specify how long you have to file a claim.
