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Will you get a final check after all repairs are completed from the insurance company?
Wiki User
∙ 12y ago
Some insurance adjusters will write you a check for the immediate repairs that are noticeable, However generally there are many repairs the adjuster does not notice until after the job is complete and or the job costs more than what he has allocated in any event you have the right for a reconsideration on all aspects. If the insurance company fails to fund as needed contact your state commissioner of insurance he/she will be glad to investigate the insurance company .(Insurance Companies worst nightmare because if they have many complaints the insurance commissioner can bar them from soliciting or providing insurance with in the state. Hope this helps
Wiki User
∙ 12y ago
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How do I Collect the depreciation from Homeowners insurance claim?
If you want to collect the depreciation your insurance company withheld from your claim payment you must make the repairs to your home. After you make the repairs contact your insurance company and they should issue a check for the depreciation.
Can you request the insurance company to write the check to you instead of the body shop?
Sure, you can request it, but they won't do it unless you are capable of doing the repairs yourself, and then they will give you the check AFTER the repairs are made.
How do you get your mortgage company to endorse an insurance check if your house?
By providing them with proof that you have already made all repairs.
If you receive an insurance claim check made out to the body shop and you and you want to make your own repairs can the check be re-issued to you?
The insurance company issues the check in both names, because there is still money owed on the vehicle. In which case, you would not be allowed to make your own repairs.
Can you do the work yourself if insurance company issues you the check for the repairs?
As long as the insurance company makes the check out to you yes. You also have all the rights to do whatever you want with the money. Meaning that you can go to Disneyland or buy a new TV. It is your money to do what you wish with it.
How do you get an insurance company to issue check for repairs to just the lien holder if the vehicle has been repossessed?
Talk with the adjuster and explain the situation and I'm sure they will work something out. They may still have to issue the check to you and the lienholder because you are the person who has the contract with the insurance company.
If you receive a check from insurance company to replace roof can you do the repairs yourself?
It is a question of honesty..... If you told the insurance company you were going to do it yourself and their check is for materials and some of your time then this would be OK. However, if your claim quote was for a builder to make the repairs, then their check is for this work and you should tell the insurance company that you intend to do the work yourself or you will be defrauding them. You must also remember that if you do the work yourself and the roof is damaged again they will probably refuse to pay (unless you are a qualified builder) on the basis that your initial repairs may have been inadequate. The fact that you asked this question indicates that you are basically an honest person - stick with the honesty and don't try and make money out of an insurance claim - it is not what insurance is for.
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.
Are mortgage company required by law to release all of the insurance fund?
After you suffer a loss to your building, the insurance company will send the settlement check to your mortgage company, because they technically own your home. With that said, they want proof that the repairs are going to be done. Some mortgage companies will turn the funds over to you with a written estimate, while others may deliver partial funds to you as repairs are completed. They are required to release the funds to you because you own the insurance policy, not them. If you are having trouble getting the funds released, communicate the situation with your adjuster for advice. A good insurance adjuster may communicate with the mortgage company to assist you. See the attached link for details on settling a loss.
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.
Will your friend's insurance cover your car if they crashed it?
Check with your insurance agent. Normally, the repairs would be covered by the company that insures the car, although they may want some sort of reimbursement from your friend's insurer.
If an insurance company writes a check for you and your contractor and you decide not to do the repairs do you have to get another check written or can the contractor sign the check over?
Do the work, the claim is going to count against you now that a check was issued. You should not have filed if you did not intend to do the work.
