Most Insurance Companies are only concerned with your claims history over the past 5 years.
No, they will pay the claim to you and then you will be able to do what is fiscally responsible.
You can take back a claim for damage to your own property. You can't take back a claim where you are liable for damage to another party.
Of course not. Insurance is supposed to put you back to the same position you were in before the damage occurred. Your not "entitled" to make money on a claim. If your property was repaired the contract was fulfilled.
You cannot go behind someone's back and file a claim on their insurance. If it is a major injury you can file suit and they will have to provide it to their insurance company so that the insurance company will defend them or settle the claim. This is to force the issue.
Yes,, Just contact the claims adjuster and inform them that you no longer need the claim and the reason why.
Insured person dies. You (beneficiary) call insurance company and place a claim, they send you paperwork, you fill paperwork out and mail back with death certificate, Claim is paid in a few days to a few short weeks.
I would hope they wouldn't! If your house is being taken away because you are not paing them back, they are owed the money, not you. A bank would not assist in that theft of money. I would believe that there would be criminal issues involved if you cashed that check anyway. Their name is on the check for a reason, they are protecting their money that is not being paid back.
Yes, anytime you make a claim to YOUR insurance, it will go up. That's how they get their money back. If you don't submit a claim to them, then no. I do not necessarily agree with the answer above. What you did not indicate in your question was did the person at fault have insurance. If they did then even though you filed a claim and your carrier paid you, they would likely recover from the at fault person's insurance. In this circumstance you insurance should not go up.
You do not have to reimburse your insurance company if the accident is the fault of the other driver and the claim is made on their insurance. If the accident is the fault of the other driver and their insurance does not cover everything and you make a claim on your insurance for reimbursement, your insurance will subrogate (collect back) from the other company.
You can accept the claim and then buy back the car. This way you get money for the claim and you get to keep your car. The price for the car will be way lower at the totaled price than what you will receive in the claim.
Yes, you can keep the extra money you saved by finding a contractor to do the work cheaper than what the insurance company estimated. The insurance company prepared an estimate of the damage. If you could not find a contractor to do the work for what the insurance company estimated, you could ask them for more money. If they chose to pay you for the damage before it was fixed, they cannot ask for it back if you got the work done cheaper.