answersLogoWhite

0

Sure if you want too.. An insurer is required to compensate you financially for your loss. It's up to you whether you want to repair your property or pocket the money.

If you have a lien holder or still owe money on the car now that's a different matter, because you don't actually own it until it's paid off. So you'd have to check with your finance company.

User Avatar

Wiki User

16y ago

Still curious? Ask our experts.

Chat with our AI personalities

SteveSteve
Knowledge is a journey, you know? We'll get there.
Chat with Steve
BeauBeau
You're doing better than you think!
Chat with Beau
ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi

Add your answer:

Earn +20 pts
Q: Cash out on auto insurance claim?
Write your answer...
Submit
Still have questions?
magnify glass
imp