Can I continue with my insurance claim after i sold my car?

Question

Hi , my question was : Can you still follow up a claim even though i sold my car? Here is the deal, My insurance took pictures of my car when i still had it and then I asked them if I could sell my car and still receive my claim money (which I was not at fault) and he said sure as long as we have the pictures. I proceed and sold the car weeks later. I waited a month for the insurance to call me back and let me know about my claim. I finally called and he said he was still waiting for the police report which was not received yet . So I went and get a copy and send it to him. A couple of weeks past by and my insurance called me saying that the other driver did have insurance after all (which the other driver didnt have at the day of the accident) so he transfered me to the other driver's insurance and now the other insurance wants to take pictures to proceed once again with the claim. I do not have my car anymore, but the guy who bought my car is a friend of mine and

Answer 1

Dont deal with the OVC (other vehicle carrier). Your insurer cannot deny a valid claim just because there is an OVC. You demonstrated the damage to them, therefore you had the right to do whatever you choose with the car. Find out what the repair estimate was, they owe you that less the deductible.

If the damage equals 2/3 of the value of the car, it would be considered "totaled" by state law. Usually you can negotiate this a bit.

If the company still does not pay your collision damage claim they are in violation of "fair claims practices" laws. If you cannot get movement on the claim from the rep, move to the supervisor, if not the supervisor, the manager, then department director...Ive worked in insurance claims a long time. Its definately a Squeaky Wheel scenario. Last ditch effort, file a consumer complaint with the State Department of Insurance.

but from now on....dont sell a car till the vehicle damage claim is settled.

Answer 2

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Answer 3

(which I was not at fault) the other driver did have insurance after all (which the other driver didn't have at the day of the accident) so he transferred me to the other driver's insurance

You state that the other driver "did not have insurance". Did he just declare that he didn't? Did he have it in force on that date?
If he purchased insurance "after that date", it will not apply.

If the other insurance co. needs photos, your insurance co. owes you assistance by furnishing theirs to you or the other co.

You state that your friend has the car. Is the car still in the damaged condition? Can the ins. co. take photos?

I have questions.
Was the car totaled, even though it was sold?
Is it repairable?
Are the repairs over and above resale value?

A. If totaled, the insurance will only pay the book value, then they own the car for salvage value.

B. If repairable, they will pay the value of repairs.

C. If repairs are beyond the value, the car is considered totaled. SEE A.

Since you sold the car, IF it is considered "Totaled", they may deduct the sale amount from your settlement.

Answer 4

Your insurance is an annual contract. It is usually payable in advance, but most insurers finance you so that you can pay by instalments, for which they charge interest. You can cancel or suspend your policy unless you have any claims, either pending or concluded. The fact that the incident happened part way through your policy doesn't mean that you can then decide you don't want the cover for the rest of the twelve month term - you've already cost your insurer more than your premium in handling & paying for this claim. If the claim had occurred on the first day of your policy you'd still have to pay for the remaining 364 days - as I said, your premium is priced annually, not daily.

Answer 5

Depends on the state you live in, but generally you should be able to. The other insurance company should have been notified as to when the accident happened. They should be able to, with the pictures your insurance company took and the police report, verify any information you have. That situation happens at times when vehicles are totaled in accidents. Cause insurance companies pay you for the value of your vehicle and then they turn around and sell it for scraps. Irregardless of the fact you sold the car to a friend, I would not bother him with your situation until it is to the point where the other driver's insurance company is refusing to honor your claim.

Answer 6

yes you can still proceed with your claim, tell the other guy's insurance that you sold the car but your adjuster is already in possession of photographs

Answer 7

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RE :Can I continue with my insurance claim after i sold my car?
Hi , my question was : Can you still follow up a claim even though i sold my car? Here is the deal, My insurance took pictures of my car when i still had it and then I asked them if I could sell my car and still receive my claim money (which I was not at fault) and he said sure as long as we have the pictures. I proceed and sold the car weeks later. I waited a month for the insurance to call me back and let me know about my claim. I finally called and he said he was still waiting for the police report which was not received yet . So I went and get a copy and send it to him. A couple of weeks past by and my insurance called me saying that the other driver did have insurance after all (which the other driver didnt have at the day of the accident) so he transfered me to the other driver's insurance and now the other insurance wants to take pictures to proceed once again with the claim. I do not have my car anymore, but the guy who bought my car is a friend of mine and
Follow 10 answers

Answer 8

I'd say no. If you no longer own the car it seems you would be committing insurance fraud.

Answer 9

just take pictures of the car OR just call the guy with the pictures (the adjuster) and tell him the situation and have him fax pictures to the other insurance company.

Answer 10

should have kept the car until the claim was officially completed