2006-10-04 19:56:58 · 5 answers · asked by Matthew M 1 in Cars & Transportation ➔ Insurance & Registration
Not if you have a lienholder. If you have a lienholder they will either make a check out copayable to you both, or to you and your shop. They DO care what you do with the money in that case. They have to protect the lienholder. If you don't have one then they will probably cut a check to you if you ask and can prove you own the car free and clear. However, in order to keep comp. coverage on your vehicle you will probably have to show that you got repairs done.
2006-10-05 11:10:54 · answer #1 · answered by Chris 5 · 1⤊ 0⤋
Sure, but, what some companies do is take the position that the car depreciated less than the cost of the repair, so they will not pay you the full amount of the repair. They will take the position that if you take the money yourself you will not be fixing the car. Years ago I a sued the guy that hit me, when his insurance company would not give me the full cost of repairs directly, rather than repair the car. They only offered me a percentage of the repair if paid directly. It never got to court, the insurance company caved in at the last minute, but it shows how adamant the insurance company can be about not paying you the full cost of repairs directly.
2006-10-04 20:05:24 · answer #2 · answered by victorschool1 5 · 0⤊ 0⤋
Sure, assuming you own the vehicle outright, and there is no financing involved. If the vehicle is totaled, worth less than the cost of repairs, and insurance pays you the value of the vehicle, they will then own it and will probably take possession.
If you continue to drive it after getting paid for repairs and don't repair it, the insurance could have a problem with that and cancel you.
2006-10-08 07:12:49 · answer #3 · answered by oklatom 7 · 0⤊ 0⤋
most insurance companies will pay you directly unless you specify in writing that you want it payable to a licensed auto repair. Also, if you have a loan on the car the check will be made to you and the lienholder and they will have to endorse it before you can do anything with the money. Usually they won't endorse it if the vehicle hasn't been repaired. They will want proof of repair, either physically inspecting the car or photos.
2006-10-05 05:53:25 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Usually yes. They don't care what you do with the money, they are paying for the damage and if you choose to not get it fixed, your decision.
2006-10-04 20:00:20 · answer #5 · answered by Chloe 6 · 0⤊ 0⤋