Hello, everyone
Someone hit my car at back, the insurance company is going to cover everything and has the estimate done. But when I ask cash settlement, they only give me 75% of the estimate. Is this something I can argue or this is the policy of auto insurance industry?
for example, the estimate is $1000 which means if i send my car to the shop for repair, the insurance company will pay the shop $1000. But if I want cash settlement, they are supposed to give me $1000, and I will have my car repaired on my own. But they only give me $750 if I repair the car by myself.
I don't think it is reasonable.
Thanks
Someone hit my car at back, the insurance company is going to cover everything and has the estimate done. But when I ask cash settlement, they only give me 75% of the estimate. Is this something I can argue or this is the policy of auto insurance industry?
for example, the estimate is $1000 which means if i send my car to the shop for repair, the insurance company will pay the shop $1000. But if I want cash settlement, they are supposed to give me $1000, and I will have my car repaired on my own. But they only give me $750 if I repair the car by myself.
I don't think it is reasonable.
Thanks