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As long as there is no lien against the old car, you can use the insurance settlement for anything you want. But you won't be able to get insurance on it until it is repaired.

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โˆ™ 2011-09-12 22:14:57
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Q: If your insurance company paid you for damages to your car can you use the money for a down payment on a new car instead of fixing the old one?
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What is the payment of damages by the insurance company directly to the insured?

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What are types of insurance with an example of when your insurance company would make a payment?

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Not normally as that route is open to fraud.


Can I sue for damages if I just bought a car and somebody rearended me I haven't even made a payment yet?

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Can the at-fault driver pay for damages even if they have insurance?

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