Two-party check from insurance co: When do I give it to the repair shop?
June 5, 2014 4:24 AM Subscribe
I got into an accident last week, and my insurance company is mailing me a two-party claim payment check (for ~$6000) to give to the repair shop. I'm wondering when exactly I hand over the check.
posted by Maladroid to Work & Money (10 answers total)
The insurance adjuster told me to give the shop the check (and my deductible) when picking up the car. However, the shop called the next day and made it seem like I should give them the check as soon as I get it (and the deductible when picking up the car). I was still sleepy when they called, so I didn't think to ask to clarify.
So I'm left wondering what the standard procedure is here. Does it make any difference? Are both ways common, or did I just misunderstand? (Or might they rip me off somehow if I hand over the check before all the work is done?)
In case it makes a difference, this is in New York state, and the repair shop seems to be a rather small operation, not a large collision shop type of place.