• Home
• Insurance Forums
  Auto Insurance Life Insurance Health Insurance Home Insurance Disability Insurance Business Insurance Insurance Frauds Company & Specialty Insurance Insurance Agents The Pub
• Auto Insurance
• Health Insurance
• Life Insurance
• Home Insurance
• Disability Insurance

What are the conquences if I choose not to cash a settlement

Message	Author
Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Posted: Tue Jun 21, 2011 8:40 pm   Post subject: What are the conquences if I choose not to cash a settlement   We filed a claim for hail damage. The adjuster said there was no shingle damage and sent a small check to cover a few other things. The check is made out to us and our mortgage co. We don't want to cash the check b/c it said they have the right to ask for receipts for up to two years and we don't plan on fixing anything. Any advice would be great. Thanks	maryannbehan New member Joined: 02 Jun 2011 Posts: 5 1.63 Dollars($)
Posted: Tue Jun 21, 2011 10:13 pm   Post subject:    Your check does not require you to fix anything. Send it to your mortgage company for endorsement and deposit it when it comes back to you. Be sure to call your lender first and get the name of someone to address the envelope to for the lender's endorsement. _________________ CA-licensed P&C Broker-Agent and Life Agent. CA Insurance Lic #0596197. Now investigating insurance company abuses, and providing litigation support and expert witness services. Send me your questions, and I'll send you my answers.	MaxHerr Moderator Joined: 29 Nov 2009 Posts: 4629 Location: Pomona CA 210.19 Dollars($)

Quick Reply
Your Name
Subject
Message body

All times are GMT

Page 1 of 1