insurance reimbursement question - Mothering Forums

Forum Jump: 
 
Thread Tools
#1 of 4 Old 10-31-2011, 01:47 PM - Thread Starter
 
crunchy_mommy's Avatar
 
Join Date: Mar 2009
Posts: 6,501
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
So I had posted this in an update to another thread but it got lost so I figured I'd just start a new thread...

If your (homeowner's, in this case) insurance sends you a reimbursement, what happens if the check is for significantly more -- or significantly less -- than you actually end up paying for repairs/replacement? Are you supposed to give back the 'extra' or file for more to make up for any discrepancy?? Or do you just take whatever they give you & do the best you can with it?

Co-sleeping is really wonderful when your child actually SLEEPS!! familybed1.gif
crunchy_mommy is offline  
#2 of 4 Old 10-31-2011, 07:25 PM
 
chel's Avatar
 
Join Date: Jul 2004
Location: lost in a cornfield
Posts: 4,230
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
From what I've heard you just get what they give you. I know many that have just taken the money and not done the repairs.

mom to 14yr dd and 4yr dd
chel is offline  
#3 of 4 Old 11-01-2011, 07:30 AM
 
nd_deadhead's Avatar
 
Join Date: Sep 2005
Posts: 2,147
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)

You get what they give you. We had a tree fall on our fence, and submitted a bill for the repair, and we got the full amount - it depends on your coverage.

 

If the check is for more than the repair, you can keep the difference.


If the chips are down, the buffalo is empty.

nd_deadhead is offline  
#4 of 4 Old 11-01-2011, 10:57 AM
 
TiredX2's Avatar
 
Join Date: Jan 2002
Location: it appears to be a handbasket
Posts: 20,475
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)

If it is less, it should be able to protest their decision by submitting a few quotes.  If they are all significantly higher than the amount given, perhaps the insurance company would give more?  I know, in some states at least, for car insurance the company cannot tell you *where* to get the work done so if all of your quotes are higher they will need to come up.


 

 

TiredX2 is offline  
Reply

Quick Reply
Message:
Drag and Drop File Upload
Drag files here to attach!
Upload Progress: 0
Options

Register Now

In order to be able to post messages on the Mothering Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
If you do not want to register, fill this field only and the name will be used as user name for your post.
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



User Tag List

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page


Forum Jump: 

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off