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Fixing a car with insurance money depends on a few things. If you are At Fault and file an insurance claim, it is likely your premiums will be higher for the next few years. The severity of the damage may determine your decision. If it is a small issue, or one that does not affect the performance of the vehicle, it may be one that you just decide to live with. Also, if your deductible is high or the cost of the repairs is low, it may not be cost effective to use insurance money. An older model may not be monetarily worth fixing if it is a small issue either.

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Q: Should you get your car fixed with insurance money?
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Related questions

Will they pay to get your car fixed if you are on unemployment compensation?

Your employment status should have no bearing on your insurance claim.


Why do you have insurance?

Occasionally people have car wrecks or sudden hospitalizations. Most of them do not have the ability to get the money needed to pay to get the car fixed or to replace the car. Most do not have the money to pay the hospital charges. If enough people put enough money into insurance, then when one wrecks a car or one gets sick, there will be money to pay the bills.


If you hit a car and damaged it but your car has no damage. Do you have to pay?

You hit the other car, so yes, you need to pay to have the other car fixed. Your insurance should do this. If not, it is out of your pocket.


How soon do you need to report a car accident with no one else involved to an insurance company?

It is good to tell your insurance company within 24 hours of the accident. This way you can receive money from your insurance company soon so you can get your car fixed.


In which of these categories does car insurance fit?

fixed expenses


When a person is at fault for damage to my car and their insurance co gives me the money to get car fixed do i have to use that money just for that purpose or is it mine to keep?

As long as you do not have a lien on your vehicle (still owe money on the car or truck) then you may do what you wish with the money. It is not required that you repair the vehicle and is your decision.


Why should I get rental car insurance?

You should get rental car insurance just to be on the safe side. You could end up saving a lot of money just by being extra careful and covering yourself with insurance.


If you damage your own car will your insurance go up?

Sure will if you turn it into the insurance to be fixed.


Does liability insurance get you money for a car if your car is totaled?

The other parties liability should if it was their fault. Your liability should cover the vehicle you damaged.


What should you consider before taking out classic car insurance?

Before taking out classic car insurance, you should first consider making sure it is fixed up. Get a mechanic to look at it, repaint it if needed and get it appraised so that you can insure it for the right price.


Insurance to pay for your car to be fixed can you get the check and go where you want?

Yes


How can you get your car fixed if you have no insurance and it was your fault in the wreck?

By paying for it out of your own pocket.