HomeschoolChristian.com http://forum.homeschoolchristian.com/ |
|
Insurance money http://forum.homeschoolchristian.com/viewtopic.php?f=15&t=9111 |
Page 1 of 1 |
Author: | Sis [ Thu Aug 02, 2018 10:03 am ] |
Post subject: | Insurance money |
If you are in a car accident and you get insurance money to fix your car, is it illegal to use that money for something else? |
Author: | Anna1111 [ Sat Aug 04, 2018 9:54 am ] |
Post subject: | Re: Insurance money |
I don't think so - but state laws, as well as the provisions of the contract - may vary. If they give you 5k to fix a car, and you find a good mechanic who will do it for 2k, what else would you do with the rest? |
Author: | Briva [ Sat Aug 04, 2018 2:07 pm ] |
Post subject: | Re: Insurance money |
Exactly. We got money to have our van's tailgate 'repaired'. It should have been replaced but the value of the van was less than replacement cost. We got $2500. Dh was able to find a tailgate the same color at a junkyard and installed it himself. We pocketed the rest. Dh considered it his finders fee and labor |
Author: | Sis [ Sat Aug 04, 2018 10:11 pm ] |
Post subject: | Re: Insurance money |
Briva wrote: Exactly. We got money to have our van's tailgate 'repaired'. It should have been replaced but the value of the van was less than replacement cost. We got $2500. Dh was able to find a tailgate the same color at a junkyard and installed it himself. We pocketed the rest. Dh considered it his finders fee and labor Did he have a loan on it? I don't think there would be anything wrong at all with pocketing ALL the money if you own the vehicle outright. |
Author: | Briva [ Sun Aug 05, 2018 12:16 am ] |
Post subject: | Re: Insurance money |
No, it was over 10 years old by then. |
Page 1 of 1 | All times are UTC - 5 hours [ DST ] |
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group http://www.phpbb.com/ |