1The answer depends on several circumstances, none of which you mention, so the answer has to be that it could be yes or no. Years ago I used to be an auto insurance adjuster. The policy of the company I worked for was this:1. IF the vehicle was NOT paid for [had a lienholder, like a bank or finance company], we had to make the draft out to our insured, AND to the body shop that was going to do the repair, OR If the insured requested, the names of our insured and his LIENHOLDER.This basically forced the insured to get the vehicle repaired, or at least to contact his lienholder and report the damaged vehicle. It was then between he and his lienholder whether he used the funds to repair the vehicle.2. On the other hand, IF our insured's vehicle was PAID OFF, and the insured wanted the draft made payable to himself only, then that's the way we wrote the draft.3. IF the draft was to a third party claimant, regardless of lienholder or not, we wrote the draft to the claimant only.
if the repair job out weights the price of the vehicle
As long as vehicle can pass inspection, and it's not deemed hazardous by authorities, vehicle does not have to be repair to original condition.
To the intelligent person, that decision should be a function of the value of the REPAIRED vehicle as compared to the projected cost of repair. You should determine the value of the vehicle BEFORE repair, add that amount to the cost of repair and if that total is MORE than the value of the vehicle after repair, sell the vehicle without repair. Some people have an emotional attachment to a vehicle. That changes the way you make decisions.
form_title=Repair Dents form_header=Dents in your vehicles are unsightly and can usually be easily repaired. Describe the problem:=_ Describe the vehicle and location of the dent:=_ Will the repair require repainting?= () Yes () No
Then you have to pay for the repair.
A salvage vehicle is one that has received a certain percentage of the vehicle's worth in damage (determined by the state the vehicle is registered in). To salvage a vehicle in most states, one must be licensed to repair the vehicles and the vehicle, once repaired, usually has to be inspected. If the vehicle is salvaged and repaired to be sold, it is the responsibility of the seller to disclose the salvage title.
Yes. A lienholder is the lawful and sole owner of that vehicle, and it doesn't matter where they repossess it from, so long as they do it in accordance with state laws for repossession.
Replacing a vehicle vs repairing it is strictly the choice of the vehicle owner. If your vehicle is repairable by insurance company standards, you will be paid for the repair, not replacement/total loss.
Have the SRS repaired by a professional. Not a DIY repair.Have the SRS repaired by a professional. Not a DIY repair.
Can not be repaired. No repair.
Repaired.