by Guest » Wed Mar 23, 2011 10:43 pm
Im in California. . I cashed the Insurance check that was issued to me from the insurance company for the work that was done on my car. My body shop would not take more than my deductible of $ 500 and now I have money in my checking account. What do I do now?
Posted: Fri Mar 25, 2011 11:02 am Post Subject:
I guess it's your money if the check was issued in your name only. Perhaps you can use it the way you want it now. Make sure that the repairs are done correctly.
The modern day insurers possess a new technology to determine whether the damages are old or new. So, they can easily distinguish between an old and a new damage even 1-10 years later. Any damage that you neglect now will not be covered later. Once all the damages are repaired then the excess money is yours to be used at your own free will.
Posted: Thu Apr 21, 2011 10:26 pm Post Subject:
Hi I have a question regarding your last response. The body shop just notified be that they want their money. I took your advice and went to the Jaguar dealership and was told that the broke my headlight when they installed it, thus requiring a $ 1,400 in repairs. I was told my adjuster to get my car fixed and subtract the total out the check the insurance check plus my $ 500.00 deductable.
My concern is that they will want to issue a lien on my car after the 30 days. I find it interesting that it was exactly 30 days after I picked up my car they are wanting their money that they refused to collect when I picked up my car.. You suggestions would be greatly appreciated.
Posted: Fri Apr 22, 2011 05:04 am Post Subject:
Well, there's a problem here. If your insurance company sent YOU the check that was owed to the repair shop, and you have the vehicle but you never paid for the repairs, then what makes you think you can hold on to the money? You signed a repair contract accepting responsibility for the cost of repairs. Those costs have not been paid.
I find it interesting that it was exactly 30 days after I picked up my car they are wanting their money
I find it interesting that you have the money that's owed to the repair shop and have not paid them in the last 30 days. Like most businesses, if a payment is not received within 30 days, a new bill goes out. That way, if you continue to fail to pay, they can collect interest (18% or more) from the date the work was completed and unpaid.
You probably don't remember signing a document that probably said you were responsible to pay the unpaid balance of the repairs within 30 days of the release of the vehicle to you. The shop has been patiently waiting for the check that was sent to you by mistake.
Posted: Sat Apr 23, 2011 10:35 am Post Subject:
I see that a few of us will always get confused when it comes to money or a check. Don't we see the reason why this check belongs to them and not to us? It's time we be a bit more proactive.
Posted: Sat Apr 23, 2011 02:15 pm Post Subject:
Don't we see the reason why this check belongs to them and not to us? It's time we be a bit more proactive.
What?
Posted: Sat Apr 23, 2011 02:17 pm Post Subject:
Don't we see the reason why this check belongs to them and not to us? It's time we be a bit more proactive.
What?
If you're going to respond to a post, Jorge, at least write something meaningful that might help a person resolve their situation. This statement is utterly meaningless and it sheds no new light on the subject.
Posted: Tue Apr 26, 2011 07:22 pm Post Subject:
This is a reminder that we should read our contracts before signing them up. Remember the terms and conditions. Also, give to Caesar what is due to Caesar. I mean, the check is supposed to be for the repair so don't spend it on other things.
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