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Dogz
Insurance paid out too much, Am I obliged to give it back?
After a solicitors firm managed to draw out a car insurance claim for 18 months I finally settled 50/50 on the incident, instead of refunding me 50% (£400) of my excess the solicitors paid me 100% (£800). I verbally informed them of the error before they issued the cheque and they still proceeded, now they have noticed the error they are asking for me to return the money. Am I legally obliged to do so and how far are they likely to pursue this if I do not?
Regrettably yes, I think they can claim it back as it's an error. That's unless they provided a receipt for you to sign with the figure "£800) and an acceptance "in full and final settlement" in which case they would find it difficult to sue for the return of the money.
You could however say that you have spent the money on the repairs and you need time to pay. Alternatively say you can pay, say, £200 immediately if they will accept that "in full and final settlement".
jory
You are legally obliged to return the money but you may negotiate how long it takes you to do so. Providing that you are not intending to deprive the owner of the money, you can hand it back when it suits you.
Nimbus
Pay it back otherwise they might sue you, just not worth it
Worldly25
Yes return the money and yes they will pursue it. You knew you were not entitled to that extra money
LAURA D
By google to collect some related information or you may try using answer engines like yahoo answer or yedda.com to get some related ideas.nonetheless,If you prefer some direct resource,here http://www.CarInsuranceFree.info/free-car-insurance.htm is a good one from my own experience.
Jon M
There is a very good chance they will ask for it back, really to avoid a 'dodgy' route I would get back in touch and give them the money back.
sticky lolly
you shouldnt have told them
keep it
simonvivitar
NO You are obliged to spend it on loose women and gambling
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