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If the car insurance claim payment came from your insurance company, you might receive a check written out to you and the approved body shop. Auto insurers tend to issue two-party checks to reduce ...
Fraud rings or groups may fake traffic deaths or stage collisions to make false insurance or exaggerated claims and collect insurance money. [19] The fraud may involve the engineering of a deliberate collision with the innocent driver of another vehicle. [20] Some fraud rings involve insurance claims adjusters who authorize payment on the ...
A denied car insurance claim doesn’t necessarily mean the end of the claims process. If you do not agree with your insurer’s claim denial, you have the right to appeal the insurance company ...
Tools and reports the NICB provides to combat car theft include VINCheck, "a free lookup service provided to the public to assist in determining if a vehicle may have a record of an insurance theft claim", [3] a Report Fraud hotline, [4] and two reports: Hot Wheels, which lists the most commonly stolen vehicles; [5] and Hot Spots, the locations ...
The insurance company will ordinarily pay the judgment, up to the policy limits, once a court determines that an uninsured motorist was at fault. Some states' laws also allow additional insurance coverage to the insured policyholder through policy stacking provisions, whereby a claim may be made against multiple uninsured motorist policies.
For instance, if your car's value has dropped to $25,000 but you still owe $30,000 on your loan, gap insurance would cover that $5,000 difference if your car is totaled or stolen.
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