February 5, 2020, 7:17 am, by Maricor Bunal

After several items used for my business were stolen from my house, my insurance company only paid part of my claim. You should be given the option of returning the new merchandise and refunding the money or allowing the insurance company to claim your old property. Facebook Twitter. Plus, your insurance premium has increased because you filed the claim.

TRENDING VIDEO: Tourist captures 'ghost sighting' at Gettysburg battlefield, sparks debate by David Walker. Thanks for providing your ideas! What would happen if my insurance company pays a claim for stolen property but then get recovered by the police? This question comes up from out clients time to time. Jenny When you need to file an insurance claim, make sure that you have all supporting documents and solid evidence. David Walker, a car savvy blogger shares many useful things about cars.

A client has something stolen; a car for example, and the insurance company pays the claim.

The thief or thieves may still be in the area and may harm you. Great! I’m always able to alleviate a lot of stress when I tell my client that it is their choice.

A few months after, the culprit was caught, and his car was recovered.

Now, what happened was that my friend ended up with two cars since his stolen vehicle was recovered. share on fb share on tw share on li. They can keep the money and the insurance company keeps the car, or they can give back the money, less the cost of repairs, and take their car back. What happens to stolen property recovered after in... What is Directors and Officers Insurance. A blog for those trying to boil down the hundreds of pages of their insurance policies into straightforward, understandable english. Here is a helpful article on what you need to know about insurance policies and coverage. February 5, 2020, 9:05 am, by

This occurs when the stolen car was used as a getaway vehicle for other criminal activities, or it was involved in an accident.

So if you ever find yourself in this situation take a breath and remember it’s your choice. 1 Answer.

Another reason why it is necessary to contact the cops is so that further theft can be prevented and the culprits will be caught. Rates and numbers presented on our online tools are utilized for demonstration purposes and do not necessarily reflect actual loan product rates of GDFI. My Domestic Partner Has A Claim To Turn In For A Recent Asthma Attack, but I'm Afraid The Insurance Company Will Cancel Us. I serve liquor and fundraisers and events, does my... What does an insurance policy being auditable mean? If your car has a tracking device, then it will be easier to find your vehicle, so make sure to let the police officers know. This site is directed at, and made available to, persons of the Philippines only. Isaias Lijauco

It was a brand new car which he bought late last year.

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