Cashing Auto Insurance Claim Checks. Before cashing any insurance check, consult with an injury attorney in los angeles. If your own insurer is paying the claim and you have a deductible, that amount typically will be subtracted.
6 rows yes, you can cash an auto insurance claim check and do what you want with the money as long. What this means is that once you have cashed the check the insurance. The answers to those questions probably.
Insurance Claims Checks. Contacting your local erie agent. Once your car insurance claim has been approved after an accident, your insurer will issue a check to pay for the repairs.
If your own insurer is paying the claim and you have a deductible, that amount typically will be subtracted from the amount of the check, says lori conarton, spokesperson for the insurance institute of michigan. The coalition against insurance fraud estimates that illegitimate insurance claims cost about $80 billion every year and that 10 per cent of people think that insurance fraud is a victimless crime. If this is the case, you don’t have to include the amount in your income.