0
What is the process after accepting salvage settlement from insurance company when car is in good running condition?
Wiki User
∙ 17y ago
You must turn in keys and title to the insurance company once they have paid you for the loss - regardless of the condition of the vehicle. It is your choice to accept or not the settlement.
Wiki User
∙ 17y ago
Add your answer:
Earn +20 pts
When did American Debt Settlement Solutions stop accepting clients?
The American Debt Settlement Solutions company that specialized in debt solutions is no longer accepting clients currently because the company is winding down operations.
Does your landlord have to repay the insurance company fo your renters insurance settlement?
no
You own your car it was totaled Should you let the insurance company have it after they pay you?
This depends on what the settlement covers I have required the insurance company to allow me to retain ownership, this reduces the settlement. Or the if you do not specify that this is what you want the insurance company gets the car.
How can you change a signed auto insurance settlement?
You don't. A signed settlement is a legal binding agreement between you and the insurance company.
What should I know before accepting a cash settlement for an injury from an insurance company?
Before accepting a cash settlement for an injury it is important to know the amount of medical bills as well as any outstanding. In addition, it's important to make sure that you are completely recovered because any expenses incurred after settlement, you will have to pay them out of pocket! Make sure you talk to an attorney and get released for a doctor before settling.
I signed an auto insurance settlement for medical. can I change my mind?
No, by signing the settlement you are waving the insurance company and the opperator from any further liability.
How would you be compensated for a hit and run accident if you have full coverage on your vehicle?
your insurance company will pay for the repairs. You may even have a policy that waives the deductible. Be sure to know all your options before accepting a settlement.
If you agree to an accident settlement with the insurance company can you sue the business that was involved and covered by the insurance provider?
No.
What health insurance company has highest claim settlement ratio in India?
National Insurance Co.Limited under the GIC umbrella has the highest claim settlement ratio in India.
What is claim settlement ratio in Insurance?
All Insurance companies released its annual report which contain claim settlement ration. The calculation is done by dividing the total number of claims received by the total number of them settled. e.g If a insurance company receives 1000 claims and they settles 980 claims,than the claim settlement ratio for that particular insurance company is 98%.
Do you know anyone that has had to wait on a life insurance settlement?
Their is usually some waiting period for a life insurance settlement, but it usually does not take a long time. If too much time goes by without receiving your settlement, I would contact the life insurance company.
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.
