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Can a person cash a car insurance check that is at the mechanic and then not give the money to mechanic to fix it and tell the mechanic to keep the car?
Wiki User
∙ 14y ago
You should create a contract between yourself and the repair facility. If the owner of the company agrees to the contract, then yes, if not... the outcome may vary from state to state if you do not pay.
There is also a contract existing here between you and your insurers. If the payment is issued to the repairer you might have some difficulty with the insurance company, so check with them.
Wiki User
∙ 14y ago
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If you have settled a car insurance claim do you have to use that money to repair your car if the person who hit you had the same insurance company?
If you have your check from the insurance company you are free to do whatever you want with it. Insurance claims are based on indemnity, restoring a person or property to its previous condition. Most insurance companies do this monetarily. Once the check is in your hand it is yours and the insurance company has no say in where it goes. In some cases they may pay a shop directly once repairs have been done. If you have already received a check then you are being paid based on an estimate or appraisal. The assumption is that you will fix your car but they won't necessarily check up on you afterwards. It has no affect which two insurance companies are involved.
What happens if all beneficiaries of a life insurance did not get paid?
Usually the insurance company takes extreme care to locate and pay beneficiaries who are listed by the decedent. If they cannot find a person, then the money is held until they can. You could contact the insurance board, but first check to be sure that the person who did not get paid was actually a beneficiary.
How can you get money after a car wreck without insurance?
Who is it that doesn't have insurance (your, or the 'other' person)? If you don't have insurance and are at fault there is no way you can receive any money for the car. If ther other person involved is missing insurance then you will still be covered if you pay for collision or uninsured motorist.
Person who receives money from a life insurance policy?
Beneficiary
Where that money goes that is paid for life insurance?
obama's pay check where else?!?!?!?
Can you get money from the opther persons car insurance for your injuries even though the accident was your fault?
No. If the accident was your fault, you can not get money from the other person's car insurance.
Where can a person compare motorbike insurance?
Motorbike insurance can be compared on Nationwide, Money Saving Expert, Money Supermarket, Insurance Hotline, Way 2 Insure, Compare The Market and Be Covered.
What is a payee?
The payee is the one that receives a payment. On a check or money order, the payee is the person the check is made out to. This is the person who can cash the check, or deposit it into his account. On a promissory note he is the one who receives the money from the loan.
How long can a insurance company request refunds?
If you received money that you were not entitled to and you deposited the insurance check into your bank account and the money was a payout from an insurance claim, the insurance company can swipe the money out of your account without your prior knowledge for up to 3 years. If you received money as a result of a criminal act, the statute of limitations for that crime would guide the insurance company's timeline.
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.
Are checks written by a depositor and paid by the bank?
Yes, a person with a bank account (a depositor) can write a check against that account for a sum of money. The person given the check (who the check is made out to) then presents it to their bank and the banks between them move the money from the account of the person who wrote the check to the account of the person who was given the check.
How much money does the average person pay for car insurance?
about $800/year.
