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Auto Insurance Claims/Auto damage claim

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Expert: - 2/10/2010


Question
I have two seperate claims from others hitting my car when it was parked. The insurance company made checks out to myself and repair shop but I didn't have repairs done before lienholder reposessed my auto. They auctioned it with the damage for a low price so of course I owe a deficit now and have two checks that I can't use. The lien holder has not asked for the money. What happens to the claims and the money now? Does my insurance have to reissue the checks to me since I now owe money as a deficit? WA state.

Answer
Gera,
Well, if the lienholder is not asking for money, see if they will sign off on the checks. And don't you sign the checks before approaching them. You may need to consult a lawyer on this. I doubt that the insurer will reissue the checks without the lienholder named. You may have to pay the lienholder for their loss in value. Read your loan papers regarding insurance claims and repossesion with damage.  

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Ron Cercone

Expertise

How to handle automobile total loss claims. I am the president of UClaim.com, which sells 29 different eBooks I have written on how to maximize various types of auto, home and business claims and how to get coverage on denied claims. You may view their tables of contents online. Also available are very specialized eBooks such as on EUO (Examination Under Oath) for example. Also available is an assortment of policy forms used by the most popular insurers. The eBooks have a money back guarantee and currently include personal consultation with Ron Cercone.

Experience

I have been adjusting insurance claims since 1980. 1980 to 1995 adjusting for many insurers (6 years as an independent adjuster with my own company). Currently working as a public adjuster in California, since 1995. I'm one of the few public adjusters who has handled automobile damage and total loss claims.

Organizations
CAPIA (California Association of Public Adjusters).

Education/Credentials
BA 1975 in History and Industrial Arts. Full CV at UClaim.com .

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