#FREEDOM MORTGAGE INSURANCE CLAIM CHECK DRIVER#

State regulations can play a part in how the payout is handled, according to Friedlander. But if you’ve got a loan or lease, you may be required to spend the insurance money on repairs. If you make a claim against someone else’s car insurance, typically the claim check will be written only in your name, Friedlander says.

#FREEDOM MORTGAGE INSURANCE CLAIM CHECK DRIVER#

This may happen, for example, if another driver hits you and you file a claim against their liability car insurance. The insurance claim payout situation differs if the payment comes from another driver’s insurance company. When you make a claim with someone else’s insurance company Or they may have you show proof through photos or other documentation that the car is fixed, and then sign the check and send it to you to pay the bill. Usually, the lender or leasing company will require you to fix the vehicle, and may even ask you to sign the check over to them, and allow them to pay the auto body shop directly. In cases where the check is made out to you and a leasing or finance company, Friedlander says the leasing company or lender would need to endorse the check before you cash it. If the car is leased, the claim payout goes to you and the leasing company.

If you still owe money on a car loan, the lender most likely will receive the insurance check, but in some cases the check may be written out to both you and the lender.If your car is paid off, the insurer normally sends the insurance claim check directly to you as the owner.If you finance your car, it’s common for the lender to require that you list them on your car insurance policy, which means they will also be named on claims checks. When you make a claim with your insurance companyĪ payment from an auto insurance claim that you file with your insurer typically goes to the person or entity that owns the vehicle, says Mark Friedlander, a spokesperson for the industry-backed Insurance Information Institute. How you get paid for an insurance claim can depend on if you make a claim with your own insurance company or another driver’s, and if you own your car or not. How Do You Get Paid for an Auto Insurance Claim?

Freedom mortgage insurance claim check