What happens if you don’t use insurance money for repairs?
The insurance company has met its obligation by paying the repair costs for the damages that it found.
Your car insurance company shouldn’t take the money back or consider it fraud if you don’t use the insurance money to repair the vehicle..
Can I refuse an insurance repair?
The insurance policy gives the insurance company, not you, the right to decide whether it is cheaper for them to repair or replace the car. So, the short answer is “NO. YOU CAN’T REFUSE THE CAR.” If the car was taken to one of the very few Excellent car repair facilities, you should be okay.
Can an insurance company force you to use their body shop?
It is illegal for an insurance company to steer, force, require or pressure you into using a particular shop. You should never take your vehicle to a body shop based solely on the recommendation of an insurance company. Not even if it is your own insurance company.
What if insurance check is more than repairs?
If your insurance company sends you a check for reimbursement that is more than the cost of your repairs, you should notify your insurance company of their error. … If the insurance check is more than the repairs, you should not just keep the money.
Can you keep the money from an insurance claim?
Your insurer fulfilled their responsibility to you by paying out the claim, and, as long as your policy and your state’s laws allow it, you can keep the money for other uses. If the damage to your car was just cosmetic and you’d rather spend the money for repairs on something else, you might choose to do this.