Question About Auto Accident – Insurance Company Paying 65%?
I was in a minor accident a few months ago. The other party’s insurance company agreed to pay 65% of the repairs. We got a quote from one of their “certified” repair places, but we want to take the car someplace that we choose. The company is sending me a check with my name and the body shop.
Will I still be able to deposit the check in my bank account and write a personal check or use my debit card for the repairs since I have to pay 35% out of my own pocket?
Thanks.
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February 11th, 2010 at 10:37 pm
Most likely, no. If it is a two party check then one of you (probably you) has to sign it, then the other can sign and deposit it. The probably intended that you take the check to the shop, and explain the situation, signing the check over to them. Then that you would pay the remainder in whatever way you choose.
February 12th, 2010 at 2:52 am
You won’t be able to deposit it. Call the insurance company back and give them the name of the shop where you want to go. They can cancel the current check and reissue a new one for you.