by consltintl » Fri Mar 08, 2013 02:57 am
Is it CA. Insurance or otherwsie that if 'Partial damage' is sustained to one's aircraft which has a bank as the leinholder listed to require the check issued by the insurance company to be endorsed by both the clinet(insurer) and the Bank, but you must hand the check to the Bank to dole out the repairs to the repair facility. ?
Because of this, our aircraft has cost more on repairs, taken 82 days when it could have been handled directly in less than half the time period. The Bank were extremely slow in issuing checks to the repair facility taking as long as 23 days.
What exactly is the Law in CA.
Because of this, our aircraft has cost more on repairs, taken 82 days when it could have been handled directly in less than half the time period. The Bank were extremely slow in issuing checks to the repair facility taking as long as 23 days.
What exactly is the Law in CA.
Posted: Fri Mar 22, 2013 01:01 am Post Subject:
There is no specific law on this in CA. Your matter is not really insurance related, it is one of contracts between you and the lender. They are interfering with the insured repairs.
Add your comment