 Can you get insurance while being treated in the hospital?? |
| My fiance is in the hospital, and has no health insurance... is there a place when i can apply for insurance and have them pay for whatever he needs in the hospital now? he has been there since 6am...... |
|
 I believe my grandpa was tricked into buying an Accident Life Insurance Policy. Is there anything we can do? |
| My grandpa died from cancer. He believed he was leaving our family with enough money from the life insurance policy to be able to pay off our home. We were suprised to find out he has Accidental L... |
|
 Home insurance? |
My partner and I have buidlings and contents insurance, my question is...is this classed as home insurance or with this just being buildings and contents do i need separate home insurance.
I ... |
|
 Should I enroll in a health Ins. Plan this year? It is that time again, and I don't know should I? |
| Last year we enrolled in Aetna hmo, a dental plan and vision. We pay 600.00 monthly, deducted from my husband's pay check bi-weekly. If we choose to not enroll can we get charity care? 600.00 ... |
|
 How can i sign up with insurance carriers as an independent insurance agent? |
| i am very interested in becoming an independent isurance agent, but how do i find the insurance carrier companies? how do i know witch co. would be good to work with?... |
|
 I am moving from MA to FL and I want to cancel my car insurance..? |
will this cost me money? or does it depend on the car insurance carrier or....
i have safety insurance if that makes any difference
Additional Details
well..im not ... |
|
 If a cashier's check is cashed by auto insurance company does this imply auto coverage? |
| My niece is really heart-sick. She is only 20 and just financed her first car. About a week ago someone hit her beautiful car and drove off. It was a hit and run. She has insurance, but deliquent ... |
|
 Where can I find a website to compare health insurance rates? |
| My husband and I are both full-time students and we're looking to compare rates for a plan starting 4/1/09. All of the sites I find via google have disclaimers at the bottom that by hitting ... |
|
 I am a diabetic, being offered Term Life or Whole Life insurance, which one should I take? |
Additional Details
I am in pretty good health. No diabetic complications...and I do my best to keep it under control...... |
|
 Contents cover insurance? |
| We may go to work abroad and will need contents insurance cover for 5 months our company will only cover for 60 days, any solution ... |
|
 If y house is being forclosed on, do I still need to pay for homeowners insurance? |
| I have a rental that is being forclosed on. Do I still need to pay for fire and dwelling insurance?... |
|
 Do i need public liability insurance |
| I am self employed in a consultancy role, however the main contractor has asked me to operate a crane on there behalf. I am qualified to drive the crane and am happy to do so, but do i require my own ... |
|
| What happens when you dont have the insurance to bury a loved one? |
| nephew died and the mother didnt have life insurance will the state bury ... |
|
|  |
M W | An insurer sent me a check for my homeowners claim. Should I cash it? |
I had some frozen pipes that broke above my garage and elsewhere and did some damage. I'm having contractors fix things right now, so some of the repair costs are known, but some are not yet. In the meantime the insurer sent me a check for $3500. Should I cash it? What happens if my costs are less than the $3500? What happens if they are more? What's the best approach to getting a fair value for my claim?
Thanks! |
 |
 
Judy1
|
Check your policy. You could ask your insurance agent but I'd be a little afraid to trust their answer.
I recently had an auto insurance claim where the company (State Farm) sent a check to cover the estimate. It wasn't yet cashed, but the repair shop had the check. Additional damage the State Farm adjuster had missed was found when the repair shop was fixing the car. State Farm sent a check for the additional amount with no hassle whatsoever. I don't know if that's standard across the insurance industry though. |
|
MTR
 |
What the company did was pay the undisputed amount of the claim. they have to do that (it's required by most insurance statutes related to fair claims handling).
You should have no problem in cashing the check, and if the damages are more than the check, just letting the insurance company know before you have the items fixed. Now, be reasonable, if the damages are a lot more, there are going to be some questions. However, if they are hidden and/or unexpected, there should be not much of an issue.
If your damages are less than $3,500, you can always refund the difference to the insurance company. If they are more, you can ask for more money, but of course you have to back up your costs with invoices, etc.
Most insurance companies send you a letter with the check, indicating what to do in the situation you are in. If in question, ask your adjuster how your company handles this situation |
|
tonalc1
 |
Look for any small print that indicates if cashing the check releases the company from all other claims. Otherwise, go ahead and cash it. If the costs are more, the company will generally pay the difference. |
|
Queen B
 |
what they did is send you a check for the actual cash value to begin repairs. if the amount of repairs goes over, you will need to submit the receipts to the insurance company and then they should in turn pay you the difference. most companies send a legal "swear to damages" letter along with your check that you have to sign to get the check. there is usually a break down of what they are paying you for minus any deductible. it also shows how much they have in "reserve" to pay you any difference in cost after reapirs are complete. if you are going through an agent, discuss all this with them. they should be able to explain it to you and help with the whole process |
|
mei-lin
|
More than likely if additional damage is discovered that is covered under the policy, the company will issue a supplement without any problem. Be sure and call your agent or adjuster if additional damage is found BEFORE it is repaired. It shouldn't matter if you cash the first check. |
|
Johnny
 |
usually the insurance estimates the damage.
If you go over the $3500 that's up to you to pay.
If it's under then you keep the difference.
If they never inspected it, they may have a maximum amount for water damage.
You could keep all the receipts and try to claim higher but in my experience a cheque is usually final.
(Was it an advance)? |
|
Barry auh2o
|
Read the check carefully. Does it say something like Full and final settlement??""
Sometimes, a co will pay additional costs if something is found once repairs get underway.
If any doubts call your agent or ins co. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 4 minutes(s) ago
| | | |
6 | 11 minutes(s) ago
| | | |
6 | 28 minutes(s) ago
| | | |
7 | 49 minutes(s) ago
| | | |
7 | 3 hour(s) ago
| | | |
6 | 7 hour(s) ago
| | | |
7 | 10 hour(s) ago
| | | |
7 | 1 day(s) ago
| | | |
7 | 2 day(s) ago
| | | |
7 | 3 day(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
