0
If a claim is filed for hail damage and a check received do you have to repair the vehicle or cna you pocket the money?
Wiki User
∙ 17y ago
It depends on the insurance companies' policies. If they declared the vehicle a total loss you can do what you wish with the money. If they simply gave you a check and told you to take it to a shop of your choosing you can also keep the money as well. If they make a two-party check requiring a body shop signature and yours, then you have to take it to a shop.
Wiki User
∙ 17y ago
Add your answer:
Earn +20 pts
What does vehicle property damage insurance cover?
The property damage coverage is a part of the liability coverage and provides for the repair, replacement, or payment of the actual cash value of another party's vehicle if you hit the vehicle and the accident is your fault. There is a maximum amount available per accident listed in the declarations page of your insurance policy.
Is the cost for Volvo repair more expensive than the car?
The cost for repair on a vehicle depends on what year it is and what shape it is in. If the damage to the vehicle costs more than the vehicle itself, it will be totaled by an insurance company.
How much damage does it take to total a vehicle?
The older the vehicle, the less the damage. The insurance company makes a judgment in each case as to whether it is cheaper to repair the vehicle or to 'write it off' its books and scrap it.
If your at fault in an accident there is no damage to your car but the others how much do you have to pay?
If you are at fault in an accident, You are responsible for any personal injuries and the reasonable cost of repair for for the damage to the other vehicle that you hit. The level of damage to your own vehicle does not mitigate the cost of the damage to the vehicle you hit. After all you still caused the damage and you are responsible for it.
How does someone salvage cars?
A salvage vehicle is one that has received a certain percentage of the vehicle's worth in damage (determined by the state the vehicle is registered in). To salvage a vehicle in most states, one must be licensed to repair the vehicles and the vehicle, once repaired, usually has to be inspected. If the vehicle is salvaged and repaired to be sold, it is the responsibility of the seller to disclose the salvage title.
Why is it so expensive to repair body damage on a Honda Accord?
It is expensive to repair body damage on any vehicle not just the Honda Accord. Reason being is that the parts & paint are expensive and it is a very labor-intensive procedure. The Honda Accord is no more expensive to repair than any other modern vehicle.
Do you have to repair a car deemed totalled if it only has cosmetic damage?
This comes up a great deal. The auto policy states that the insurance company will at their option repair the vehicle, replace the vehicle, or pay the actual cash value of the vehicle. This option belongs to the insurance company. The way it generally works is that there is never a replacement so forget that part. That leaves repair or pay the acv of the vehicle. If the cost to repair the damage of the vehicle exceeds about 70-75% of the ACV then the company will choose to pay the value of the vehicle. The vehicle then belongs to the insurance company. Sometimes you can let the adjuster know that since the damage is cosmetic only you would like to keep the vehicle if at all possible and they will usually work with you.
How to repair head gasket leak?
You should replace the head gasket. This repair is critical to the better performance of the vehicle, and to prevent future damage of the engine.
What is collison auto coverage?
Collision coverage pays to repair your vehicle after an accident. Comprehensive coverage pays to repair your vehicle for damage caused by something other than an accident, like fire, theft, and vandalism.
Driver told that car is insured under owners policy Crashes it and it turns out there is no insurance for the vehicle. Drivers insurance pays for damage to 3rd party Who pays to repair the car?
It is always the at-fault party's responsibility to pay for the damage they cause in an accident. Insurance is a transfer of risk from the driver to the insurance company, but if the coverage (collison) does not exist on the car, then the driver will be responsible to pay out of pocket for the damage.
Do you have to use an insurance check to repair minor accident damage or can you leave the dent and use the money for something else?
No you do not have to use it for your vehicle damage. You can use it as you wish. You are required to be compensated for your damage, It is up to you what you do with that compensation. If you have a Lien holder on the vehicle then you likely have contractual obligations with them to fix any damage.
How much does it cost to repair a blown head gasket?
It will cost about 1000 dollars to about 1500 dollars to repair a blown head gasket depending on the type of vehicle you own. This can also vary by location and damage done to the vehicle.
