Auto accident and insurance checks within texas?
when another car hits you and it is their fault does the insurance company write the check to you or the body shop?
Answers:
If you prefer it directly to you.. and if you dont own a lienholder on the car... then they can write it to you. They dont aid if you actually fix your car or not.. they a moment ago owe you for the damage.
Hey, someone from the primary state I do insurance for! Awesome! (never happen, I swear)
Anyway, can work one of four ways:
1. Check will be made out to you and your finance company if your policy has a lienholder on it. Your lienholder have a financial interest in getting that car fixed and this is across the world the way that checks are sent if you still owe money on your policy.
2. Check will be made out to you and your auto shop, this way your insurance company know the money went where it be suppose to go. This is the most popular way for checks to be sent out.
3. Check will be sent directly to the auto shop and will never, ever be see by you. State Farm, Nationwide, and Allstate all definitely do it this opening and other companies generally do 1 or 2.
4. Check will be made out to you. This will only take place if your vehicle is completely paid off and your insurance company have no reason to doubt you. HARDLY EVER HAPPENS.
Oh, and they DO actually thinking if you get your car fixed! They aren't a guard, they are a company that specializes in getting your car final in the condition it was surrounded by prior to an accident. Source(s): I'm an insurance agent with claims training!
IF YOU OWN THE VEHICLE OUT RIGHT MEANING THAT IT IS PAID FOR IN FULL WITH NO LIENS ON IT THEN THE CHECK WOULD BE MADE TO YOU.
WITH A LIEN ON IT THE CHECK WILL HAVE THE LIEN HOLDERS NAME ON IT AS WELL, SO THAT THEY WILL PROTECT THEIR ASSETS. Source(s): "923"
It can happen any way. Depends on the company.
Related Questions:
Answers:
If you prefer it directly to you.. and if you dont own a lienholder on the car... then they can write it to you. They dont aid if you actually fix your car or not.. they a moment ago owe you for the damage.
Hey, someone from the primary state I do insurance for! Awesome! (never happen, I swear)
Anyway, can work one of four ways:
1. Check will be made out to you and your finance company if your policy has a lienholder on it. Your lienholder have a financial interest in getting that car fixed and this is across the world the way that checks are sent if you still owe money on your policy.
2. Check will be made out to you and your auto shop, this way your insurance company know the money went where it be suppose to go. This is the most popular way for checks to be sent out.
3. Check will be sent directly to the auto shop and will never, ever be see by you. State Farm, Nationwide, and Allstate all definitely do it this opening and other companies generally do 1 or 2.
4. Check will be made out to you. This will only take place if your vehicle is completely paid off and your insurance company have no reason to doubt you. HARDLY EVER HAPPENS.
Oh, and they DO actually thinking if you get your car fixed! They aren't a guard, they are a company that specializes in getting your car final in the condition it was surrounded by prior to an accident. Source(s): I'm an insurance agent with claims training!
IF YOU OWN THE VEHICLE OUT RIGHT MEANING THAT IT IS PAID FOR IN FULL WITH NO LIENS ON IT THEN THE CHECK WOULD BE MADE TO YOU.
WITH A LIEN ON IT THE CHECK WILL HAVE THE LIEN HOLDERS NAME ON IT AS WELL, SO THAT THEY WILL PROTECT THEIR ASSETS. Source(s): "923"
It can happen any way. Depends on the company.
Related Questions: