The lienholder needs to verify that the repairs were actually done, since it affects the value of the collateral. This is why the lienholder requires that insurance claims be paid to them.
If you have already done repairs, then you will need to send proof of the repair to the bank before they will sign off on the check. Contact the bank for instructions.
I need to check on the State Capital Life Insurance paid up policy?
yes. as it is given as an insurance claim it can be used for the repairing purpose of your damaged shop.
If they provided the check to you only and no conditions have been put on the check, (provide proof of repair, etc) then you may spend as you wish.
If it is a valid check, then yes.
Yes you absolutely can get a car repaired without car insurance as long as the repair shop will accept that and they will accept other methods of payment like a check or cash or credit/debit cards.
Check with your agent or insurance company.
I did! Take it to the bank. If they cash it, good! If not too bad. The worst they can do is say no!!
Normally they have you get 3 estimates of how much to repair from auto body shops. They usually choose the lowest estimate and send the check to you.
You don't have to wait 24 hours to cash your claim check from the insurance company. Now if you got the check through an intermediary such as an attorney, then you would need to ask the attorney why you have to wait.
I would cash the check and make payments to them directly.
Not for us
it is a scam. They want you to cash a check, then send them the tax on your larger winnings. guess what... the check will bounce. My nephew got sent this check, luckily he did not cash the check.