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Is it ok to keep the settlement check and not use it for repairs if you own the car?
Wiki User
∙ 19y ago
Yes. If you own the car "free and clear." Keep in mind however, that if you should have another accident, any claim may be denied. Due to the fact that the car had previous accident damage and was not repaired.
Wiki User
∙ 19y ago
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What happens to a car that's declared totaled by the insurance company?
If you want to keep a totaled car, the insurance company will determine the salvage value and deduct that from your settlement check. You can still get liability insurance (if there are no safety issues related to the damage), but not collision or comprehensive unless you have the repairs made.
What if your car repairs are cheaper than what your insurance company estimates do you have to return the money?
This depends on what type of settlement you took for the damage.If the insurer is paying then they only are required to pay the actual invoice.If you took a "settlement" and did some of the repairs yourself and had some done for less than the estimated amount you get to keep the overage.It is important that both you and the insurance company agree what is going on!They can claim fraud if this is done wrong
How long after you sign settlement papers can you expect a check for a car accident?
for ever
If the insurance company totals your car can they take it from you?
After they give you a check for the value of the car (less your deductible), it is their car. If you want to keep it and repair it yourself, you can buy it back for the "residual value". You can negotiate this value with the adjustor. One caution: If you keep the car you may also have to pay some storage charges to the repair shop that is holding it, especially if you do not have them make the repairs.
Repair the Intake System?
form_title=Repair the Intake System form_header=The intake system helps keep the engine running at top performance. Has your car intake system every been repaired before?= () Yes () No Do you want us to check out the complete car intake system when we do repairs?= () Yes () No Will you be using insurance to pay for these repairs?= () Yes () No
If a deer hit your car and you have full coverage who does the insurance agency send the check to?
You submit the claim to your insurance company and they should send the check to you minus your deductible. If there is a lien on the car, the check will go to either the shop that does the repairs. If the repairs are not made the check may be made to the lender AND the owner or only to the lender. The named insured on the policy and the loss payee if there is one.
Car broken and needs repairs and it is financed?
car is broken and needs major repairs but is still financed how do pay for the repairs
How long does liberty mutual take to send the check after car accident settlement?
too long
What do you call the person who repairs your car?
The person who repairs your car is called a mechanic.machinate
How to stop water from getting into oil?
Keep them in separate bottles. If it's in your car engine, you need serious repairs.
What is the process to collect for car repairs?
You can place a lien on the vehicle, where the bill must be paid when it is sold. Check with your local government.
Where can I go for auto repairs?
If you are looking for good auto repairs because you need to drive your car to school tomorrow, then you should check out an auto repair shop called Fred's Auto Repair.
