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What happens if I don't repair my hail damaged vehicle with the insurance check?
Wiki User
∙ 13y ago
Nothing should happen.
Wiki User
∙ 13y ago
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What does collision coverage What does collision coverage?
In automobile insurance, collision coverage provides for repairing a vehicle when it is damaged due to the fault of the insured. Liability insurance provides for cost of repair of the OTHER vehicle if you damaged it.
What happens if you don't repair the car with the insurance reimbursement?
Nothing, you have extra money and a broken vehicle.
Do you have to use check from insurance to fix auto?
If you haven't paid the vehicle off, then you must repair the vehicle with the insurance check. If you don't owe a bank anything, you are not required to fix the vehicle. Keep in mind, if the vehicle has unrepaired physical damage and you get in another accident the insurance company will not give you another penny. They are only required to repair the vehicle to the condition it was in prior to the accident. If it was already damaged, they won't give you a dime
What does the insurance company do when a car is not total in a wrecked?
If a vehicle is damaged in an auto accident the insurance company that insures the vehicle has the option to repair it, replace it, or pay the actual cash value of the car. The last one is in the case of a total loss and the company never tries to replace a vehicle anymore. In this case it would repair the vehicle and pay for the cost of repair less your deductible which you will be responsible to pay for yourself.
What is constructive total loss under engineering insurance?
In terms of motor vehicle insurance, when an insurance company writes a vehicle off, they have a dedicated salvage agent, who will give them back a certain percentage of its market value (pre-incident) for every damaged vehicle sold to them. If the cost to repair the vehicle is greater than its market value minus the percentage the insurance company receives, it is known as a constructive total loss (category D), as it is more economic for the insurance company to write the vehicle off than repair it. Equation: Cost to repair > Pre accident value - Salvage percentage return = Constructive write off
How much would the fine be if you damaged someone else's car?
THer is no fine per say for damage to someone elses vehicle unless you were doing something illegal at the time the damage occurred. You are howver, legally responsible for all cost of repair to the vehicle you damaged. If you are insured then you should submit the repair bill to your insurance company and they will take care of it for you.
What happens if a leased vehicle is in an accident?
If a leased vehicle is in an accident, the lessor has to notify the lease company, along with their insurance company. Sometime the lease company will have you go through your insurance for repairs, other times they send you to their repair shop (if they have one).
What percentage of car has to be damaged to be considered salvage?
here in nys, if the damage is more then the value of vehicle, then its toast. unless you want to pay beyond insurance and have vehicle repaired. but most people just salvage car if it is beyond repair.
How quickly will an insurance company repair or replace your roof tiles after they are damaged in a hail storm?
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Will auto repair insurance cover catalytic downpipes?
It may if it is stolen or it is damaged in a fire.
Where can one find get a damaged car repaired in USA?
One can get a damaged car repaired at any car repair shop in the USA. One can check local area phone books and with local insurance companies to find vehicle repair shops nearby. One should make sure to shop around for quotes, as prices for car repair can vary greatly.
Can you cash insurance check written to you and repair shop?
yes. as it is given as an insurance claim it can be used for the repairing purpose of your damaged shop.
