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You damaged your car in a collision now the car is going to be repossessed and you already cashed the insurance check what now?
Wiki User
∙ 15y ago
First off, it's not YOUR car at all ... it is owned by the lending agency as they hold the actual title. You are just the registered owner. You are financially responsible to repair the car to the owners satisfaction, or pay off the loan in full. The insurance company should have given the check to the collision repair facility - that is normally how things are done. Since you have cashed the check, and obviously have used the funds for other than what they were intended, you now have to finance the repairs to the car, regardless of the repossession.
Wiki User
∙ 15y 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.
If only your car is damaged and you have collision will insurance cover it?
If its comp and collision then it should be fully covered
What is collision automobile insurance?
Collision pays to have your car fixed if it is damaged in a collision with another vehicle. There is usually a deductible that you have to pay.
Does insurance cover your vehicle if it is damaged from avoiding an animal?
If you hit something else and had collision insurance, yes.
When will your insurance company pay for your collision claim?
If your Motor Car policy covers First Party and your car gets damaged by a collision, the insurance co. will pay for that. Whereas when there is Third Party coverage in your policy and a third party's car gets damaged by your car, the third party's claim will be borne by the insurance co.
If you hit a curb and your car is damaged can you claim insurance?
Yes you can as long as you have collision coverage and this will be considered an "at fault" accident.
Does auto insurance cover damage to car when a wild boar has damaged it?
If you have full coverage with Comprehensive and Collision then yes, you should be covered.
Would collision or other than collision coverage apply if a liquid chlorine jug fell in your vehicle while driving and the chlorine damaged your carpet?
That should be covered by comprehensive insurance and the insurance company will pay for damages minus any deductable.
Does Garage Keepers Insurance cover non-collision damage to vehicle specifically engine failure due to diesel runaway?
No, it would not cover damage of that nature. Garage Keepers insurance provides protection in case a vehicle is damaged by fire, theft, vandalism or collision.
Does full coverage insurance cover transmission?
Unless you have specialized insurance, it will not cover mechanical breakdown. If your transmission is damaged due to a collision, it is possible that it would be covered. If it simply failed you are probably not covered.
What side of the Titanic was damaged in the crash?
The starboard side was damaged in the collision.
Will your comprehensive portion of my auto insurance cover your damaged transmission if you went over a curb?
No, that would be a collision, and would be covered under the collision portion of the policy, and the collision deductible would apply. Collisions are also considered a chargeable claim for rating and insurability purposes.
