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Selling your car with insurance claim pending, will simply null and void your insurance claim. Because your damaged car can be subjected to inspection by the Assessor of the Insurance Co. for assessment of the insurance claim any time.
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∙ 10y ago
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Can you sell a car with an insurance claim outstanding?
As long as the vehicle has been inspected you can.
Can you sell your home with a pending insurance claim?
Sure. You will need to make certain that you let the new owner know of the damage and of the pending claim. It will also need to be clear to the new owner that he will not receive the proceeds from the claim. As long as everything is made clear up front you should have no problem.
Do you get the suggested retail value for vehicle?
You may not get the suggested retail value for your vehicle. However, this depends on who you sell it to. When making an auto insurance claim, you will get what the insurance company thinks the value of the vehicle is before the accident.
Can insurance companys sell your vehicle before claim is settled?
You cannot insure a vehicle that does not belong to you. The same for insurer, they cannot sell something that does not belong to them. Vehicle is policyholders under settlement of claim. When policyholder cashes settlement cheque, then becomes insurers property.
Can you receive money from an auto insurance claim after you sell the car?
When did you suffer the loss? Did you own the vehicle at the time of the accident that resulted in damage to it? Did you file a claim BEFORE you sold the vehicle? If you filed a claim and subsequently sold the vehicle, you should have no trouble collecting for your loss. If, however, you failed to file a claim and then sold the damaged vehicle at a reduced price and now regret that move, you're pretty much out of luck.
What is Progressive Security Insurance Co?
An insurance company that sell vehicle insurance to people.
Can you sell you car if it been in a accident and the claim have not been settles?
If the claim has not been completed you need to ask the insurance adjuster before selling the vehicle. The adjuster may not have completed their investigation or the vehicle may be a total loss or whatever the case is that they may not be finished.
How do you purchase full cover car insurance if the vehicle is not in your name?
Call an insurance agent and he will sell you a policy.
Can I sell my car with an open insurance claim against me in Los Angeles CA?
To get the correct answer you should ask the insurance company.
Can you sell a car while there is still an insurance claim to process?
Yes you can. Having a pending claim has nothing to do with the car itself, unless the car is subject of some evidencairy issue, which in fact would be the car being in the police impound lot and you woun't have possession of it. Do you owe money on the car, that is a totaly different issue. If you do, no you can't.
Why do you have to sell your vehicle to the insurance company if it is declared a total loss in the state of Alabama?
no
What happens to your car insurance when you sell your car?
When you plan to sell your car you should notify your insurance company of the pending sale. It will provide you with instructions on how to transfer title properly, surrender the plates and cancel the insurance if you aren't transferring the coverage to a new car. Generally, the insurance company won't cancel the insurance until the plates are turned in or transferred to another vehicle through the RMV. That means the company will continue to bill you until the transaction is properly completed.If the insurance was paid for and the policy is cancelled during the coverage year the company will issue a refund based on their own calculations.
