I recieved a check from the insurance company for an chance. i sent it to the lein holder to sign, consequently they
sent it back. on the back of the check it say make payable to the body shop i was taking my vehicle. The estimate be 1300..but the adjuster from the insurance company said it would be 2300 because he was going high. my sound out is..who gets the difference? me, the shop, or the lein holder. since its made out to the body shop, do i get the difference
Answers:
You should get the difference. The body shop should sign the check, you deposit it, and pay them. Source(s): agent, 21+ years
You need to read your insurance policy.
If they have a legitimate duty to compensate you for damages then they have to payment you the full amount of the 2300 as estimated by their adjuster.
If they have a legal duty to repair your sports car, they only have to repay the shop not yours.
Based on the facts that the check was payable to the shop I would assume the latter ist he case and the shop get the difference.
I suspect the body shop will suddenly put on a pedestal their price for things that were not in the untested estimate to meet the amount on the check.
However you are entitled to keep the difference on the check.
What I would do is hold the car in to be fixed, don't endow with them or tell them the check amount, after the work is done they will give you an invoice and ring up the public sale then present the check, they may make convert for you there. If they give you a problem, afterwards you need to "raise hell". If they still don't do it hold them endorse the back of the check, lift it to your bank, cash it and salary the body shop cash. And in the adjectives, remember always have the check made out to you!
But, yes, you save the difference.
The body shop get the check, so you have to make that you brand name it clear that anything left over is your money.
Related Questions:
Answers:
You should get the difference. The body shop should sign the check, you deposit it, and pay them. Source(s): agent, 21+ years
You need to read your insurance policy.
If they have a legitimate duty to compensate you for damages then they have to payment you the full amount of the 2300 as estimated by their adjuster.
If they have a legal duty to repair your sports car, they only have to repay the shop not yours.
Based on the facts that the check was payable to the shop I would assume the latter ist he case and the shop get the difference.
I suspect the body shop will suddenly put on a pedestal their price for things that were not in the untested estimate to meet the amount on the check.
However you are entitled to keep the difference on the check.
What I would do is hold the car in to be fixed, don't endow with them or tell them the check amount, after the work is done they will give you an invoice and ring up the public sale then present the check, they may make convert for you there. If they give you a problem, afterwards you need to "raise hell". If they still don't do it hold them endorse the back of the check, lift it to your bank, cash it and salary the body shop cash. And in the adjectives, remember always have the check made out to you!
But, yes, you save the difference.
The body shop get the check, so you have to make that you brand name it clear that anything left over is your money.
Related Questions:
- My house be broken contained by to and laptop be stolen,hows does the insurance company agreement beside it?.......?
- I destabilized my bf's saloon. We live contained by NC. Can the insurance company sue me for the damages above his deductible?
- What do I utter to my insurance company?
- Should i wage beside fixing a 2002 honda CRV term as a write-off by the insurance company.?
- Window tint affect insurance? Insurance is through a transport company?