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Can a repo company take possession of vehicle from a place of business like an auto repair shop?
Wiki User
∙ 15y ago
Yes.
Wiki User
∙ 15y ago
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What does an auto glass repair company do?
An auto glass repair company repairs or replaces broken vehicle windows. Many insurance companies do not require a deductible be paid for the front windshield. Many glass repair companies will come right to your home or business to do the repairs.
Is an auto repair shop responsible for your car while it is still in their possession for repairs?
Yes they are responsible for the vehicle .
What does the insurance company do when a car is not total in a wrecked?
If a vehicle is damaged in an auto accident the insurance company that insures the vehicle has the option to repair it, replace it, or pay the actual cash value of the car. The last one is in the case of a total loss and the company never tries to replace a vehicle anymore. In this case it would repair the vehicle and pay for the cost of repair less your deductible which you will be responsible to pay for yourself.
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.
In insurance settlement do you have to get the car repaired or can you keep the money?
The Insurance Company is required to indemnify you for your loss. It's your business if you decide to repair the vehicle or use the money in some other way. So, No, you don't have to repair the car and Yes, you can keep the money.
Can a repair shop keep possession of a vehicle after all payments have been made?
Yes..If they paid you for the vehicle it now belongs to them..Other than that if you're paid up then the car belongs to you.
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 can a repair business recover its money after doing repairs and the customer abandons the vehicle?
court process
Where can I find information on the prerequisites for starting a home repair business?
I would like to start a home repair business, but I am worried about licensing. Where can I read about what I need to do prior to opening my company?
What does the value of the repair has to be in order for the vehicle to require a salvage certificate. ?
The repair cost, has to be more expensive than the insurance company believes the car is worth.
What does the car insurance do after they totaled the car?
According to most auto insurance policies, the company will repair, replace, or pay the actual cash value of the vehicle insurance if you have the appropriate coverage. If the vehicle is deemed a total loss, which means that the cost to repair is close or over the actual cash value of the vehicle, the company will pay the value of the vehicle to your finance company or bank if it is financed, and will pay you any amount over the amount owed to the bank or finance company, if it is financed. At this point you have in effect, sold them the vehicle so they will take what is left of the car.
How can I make sure that a garage isn't trying to overdraw on my auto repair insurance?
If your insurance company is offering auto repair insurance, you have the option of taking your vehicle to your own mechanic. Taking your vehicle to a personal mechanic rather than one chosen by your insurance company eliminates the doubts.
