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Car insurance payout instead of repair


Should you repair your car with your car insurance payout?

Your insurance experts at Answer Financial recommend that in all cases, you should use the money from a car insurance payout wisely. If your car is in need of repair, it’s wise to fix it immediately to help keep others and yourself safe on the road. Who is Answer Financial?

Can I deduct the cost of car repairs from my insurance?

The insurer should only deduct the excess you agreed to when taking the policy. In order to value the cost of repairs you should obtain a number of quotes from garages in your area and take the lowest one from a garage which you are happy to send your car to.

Should you pay for car repairs or spend the check?

You've had a car accident and you're relieved to find that the damage to your vehicle is only cosmetic. When the check for repairs arrives from the insurance company, you're tempted to deposit it in your checking account and use the money for more pressing needs, like your daughter's new braces or a well-deserved weekend getaway.



[PDF] Cash Settlement Explained - Crawford & Company

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[PDF] Understanding Your Auto Claim - Missouri Department of Insurance

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[PDF] Understanding your damage estimate and claim payment

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[PDF] Your Guide to making Your own vehicle Damage Claim - mccarthyie

Your Guide to making Your own vehicle Damage Claim - mccarthy ie mccarthy ie/wp-content/uploads/2014/02/Your-Guide-to-Making-Your-Own-Vehicle-Damage-Claim pdf Instead you must either pay for the repairs yourself or claim off your own insurance making it clear that you hold the other side responsible Your insurers

[PDF] Decision Reference DRN1593512 - Financial Ombudsman Service

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[PDF] Total-Loss-Articlepdf - Jeff Shaw's Collision Craft

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[PDF] Auto Insurance Guide - MNgov

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[PDF] AUTO INSURANCE MYTHS - Oregon Division of Financial Regulation

AUTO INSURANCE MYTHS - Oregon Division of Financial Regulation d oregon gov/help/Documents/topten-auto-myths pdf Not necessarily Regardless of the visible damage your insurance company will determine if it is practical to have the car repaired If the cost to repair your

[PDF] Regulatory Bulletin 2003-09 - Arizona Department of Insurance

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