Keep the claim

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PostPosted: Fri Dec 05, 2008 7:27 pm   Post subject: Keep the claim  

I recently had my car hit on the street. The driver left her information and an adjuster came out to look at the car. He gave me a claim check in my name based on his estimate of the repair cost. The truck is old and beat up and was on the for sale market before it was hit. Is it fraudulent to keep the keep the claim and sell the truck?
caduces
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Joined: 05 Dec 2008
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PostPosted: Fri Dec 05, 2008 8:27 pm   Post subject:   

Nope! More power to you!

You suffered a loss. That loss was paid for as required. Done deal. Someone may offer a little less because of the damage so the check will offset that. But in reality, depending on the age and condition of the truck, the reduction in price will probably be much less then the check amount. But that does not change the fact that the insurance company owed for the repairs.
tcope
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tcope
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PostPosted: Sat Dec 06, 2008 2:28 am   Post subject:   

Quote:
Is it fraudulent to keep the keep the claim and sell the truck?
We'll all be in total agreement on this one Caduces...MERRY CHRISTMAS! the money is yours to do with as you wish!
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"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.
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Lori
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