
Hoeksteen
|
UK, European Union Law is Very clear on this matter
If your insurer has settled your claim on the item you have NO title or claim on it
YOU MUST inform your Insurer ASAP |
|

¸.•*´`*♥Kates ♥ Game11 ¸.•*´`*♥
 |
My sister found her very expensive engagement ring after claiming for it, she returned the cheque to the company. I suppose it depends on your consience. |
|

firebobby
 |
You must inform the insurance company and arrange what to do next. If they have paid out on it , it is their item. |
|

man of kent
 |
When the insurers pay the claim they have effectively 'bought' the item from you. I guess you would be commiting a crime if you did not tell them. You probably would get the choice of keeping the item or the money. |
|

myers320@btinternet.com
 |
I think it belongs to the insurance company and therefore it is up to them how to dispose of it, probably be sold off at auction. Not sure whether you would get first choice in buying it. |
|

SUE G online
|
it belongs to the insurance company |
|

Sue
 |
If you want to keep the item, return the check. If you want to keep the money, call the insurance company & ask them if they are willing to take the item. It is theirs. If you keep both the item & the money it is insurance fraud & you are in a bunch of trouble if they find out about it. We ALL pay much higher premiums due to insurance fraud. |
|

Insurance
|
my answer is just return the cheque and keep your item |
|

DMsView
 |
Mostly, keep quiet.
But seriously, if you can prove that you retrieved the item after the insurance paid out, there shouldn't be any problem. A courtesy call to your insurer might be in order but that's up to you. |
|

shih tzu lady
|
I suggest you do what everyone else has probably done before you - keep your trap shut and carry on with life! However, dont try to reinsure the same item! |
|

| |
|