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If the car is not financed-Yes
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∙ 17y ago
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Can you use the money from the insurance company to buy a new equipment instead of fixing it?
You are not obligated to spend your auto insurance settlement claim check on a particular kind of repair. In fact, after payout, the auto insurance company has no legal ability to control or restrict how you spend your settlement money.
How much does a repair shop charge when you decide to junk a car instead of repair?
money
Can you receive money instead of repair on your car?
It depends on the insurance company and the laws surrounding your state. In most cases however, an insurance company will issue the check to the bodyshop instead. This is mostly to prevent fraud so you don't try to claim the same damage at a later date.
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.
If I were in an accident and the other driver is faulted there insurance provider has paid the claim do I need to have the auto repair done or can I keep the money?
You can keep the money. You don't have to repair the car.
Do I have to repair my car with an insurance check?
No, you can spend that check anyway you like. It's your money. The insurance company doesn't care if you repair your car or not. You could decide you will take the train to work, it is your business.
What happens if you don't repair the car with the insurance reimbursement?
Nothing, you have extra money and a broken vehicle.
Can you get the money instead of car repairs in an insurance claim?
Sure, if you own the car. That means you do not make any payments to someone else. If you make payments, then you don't "own" the car outright, and the money will generally have to be used to pay for the repair or to pay the car off.
If I am in an accident and the other driver has no insurance and my insurance provider has paid my claim do you need to have the auto repair done or can you keep the money?
The money is for an autorepair. I would recomend using it for that, or the insurance company can possibly charge you with intent to defraud.
Were can I find car repair insurance online?
The website autos.com/auto-repair/car-repair-insurance has a listing of auto repair insurance carriers. Also, it explains the purpose of the insurance and a guide to tell whether or not you need it.
Can an employee receive money instead of health insurance?
If an employer has the agreement that the employee receives money for a health insurance savings account or some other plan, they can receive money. It is up to the employer whether they want to directly compensate the employee or provide insurance.
Can i choose the accident repair company if the accident is other driver's fault?
There are a couple considerations:Yes you can if:The shop you chose is not baned by the paying insurance companyThe insurance company approves the repairing shopThey repairing shop will do the work for the money provided by the insurance companyORYou are willing to pay the remaining amount the insurance company wont cover. I have done this to get a shop I trusted but wanted "To Much Money" for the repair.
