One Question For An Old Auto Repairs Claim

[BTFuzz]

See, this is the weird **** I dont understand, why do people come on here and ask "stupid or weird" questions,

Would you really do what some stranger says in a bulliten board?

Call the friggin insurance company and ask, that is the only real answer you will get!

Worst case, deposit it into your account, I can guarentee you the bank will but a hold on the funds until it clears, if it clears, then you have your answer, if it doesnt clear, the bank will return the check to you and then you will have to do your only real answer, contact the friggin insurance company, they will probally simply cut you a new check.

It really isnt that complicated.

LOL! RBA, you crack me up!

 

[VolAgent]

See, this is the weird **** I dont understand, why do people come on here and ask "stupid or weird" questions,

Would you really do what some stranger says in a bulliten board?

Call the friggin insurance company and ask, that is the only real answer you will get!

Worst case, deposit it into your account, I can guarentee you the bank will but a hold on the funds until it clears, if it clears, then you have your answer, if it doesnt clear, the bank will return the check to you and then you will have to do your only real answer, contact the friggin insurance company, they will probally simply cut you a new check.

It really isnt that complicated.

Closest answer so far.

That money is yours, you just haven't taken possession of it yet. Call the insurance company, if they haven't already turned it over to the state as unclaimed money, they'll cut you a new check after verifying your identity. If they have, you'll need to contact the office in your state that handles unclaimed money and follow their procedures.

I wouldn't take it to the bank, odds are they will refuse it. Worst case scenario, they cash it, and the issuing bank refuses the check as void. Now your bank is after you for the money and any fees that may be assessed.

Whatever you do, don't destroy the check until you've received a replacement. I'd be reluctant to surrender it either without a replacement, although the insurance company or the state may require you to surrender it as part of getting a new, valid one.

 

[xrac]

I suspect that this is a bogus story.

 

[sephopower]

Thank you for all your useful insight. The only reason I choose to ask online is so I wouldn't have to alert the insurance company. Regardless of the details the facts are as such. I have a 9000 dollar check, that I plan to deposit into my bank account, as some one else has stated the only problem with the bank is their willingness to accept the check. If they do accept it I wanted to be sure that the insurance company itself wouldn't hold me liable for the 9000 dollars. I don't want to call them and ask them in case of the the event that they might deny me the money and subsequently put a stop payment on the check. I had hoped there might be industry professionals on this site who might be aware of the procedures involved in such a thing. Again. thank you for your time and comments.

 

[djs]

The insurance company will reissue the check. Do it now before it gets any older.

I've had clients do this before (never for this amount though). Simply have your agent take the check and get it reissued with a current date. It's not a big deal. It does take about a week, since they have to verify the check hasn't already been reissued/cashed.

Odds are, since you forgot about the check, you forgot you cashed it already. How can this be if you have the check? On a claim, its not uncommon to have a check issued for repairs and then reissued under a different name, with the first one claiming to have been lost. They stop the first, and reissue. You just found the first check issued.

Dan

 

[carol369]

Thank you for all your useful insight. The only reason I choose to ask online is so I wouldn't have to alert the insurance company. Regardless of the details the facts are as such. I have a 9000 dollar check, that I plan to deposit into my bank account, as some one else has stated the only problem with the bank is their willingness to accept the check. If they do accept it I wanted to be sure that the insurance company itself wouldn't hold me liable for the 9000 dollars. I don't want to call them and ask them in case of the the event that they might deny me the money and subsequently put a stop payment on the check. I had hoped there might be industry professionals on this site who might be aware of the procedures involved in such a thing. Again. thank you for your time and comments.

Why don't you want to alert the insurance company?? Doesn't make sense, unless you're trying to hide something.

 

[Guest]

Thank you for all your useful insight. The only reason I choose to ask online is so I wouldn't have to alert the insurance company. Regardless of the details the facts are as such. I have a 9000 dollar check, that I plan to deposit into my bank account, as some one else has stated the only problem with the bank is their willingness to accept the check. If they do accept it I wanted to be sure that the insurance company itself wouldn't hold me liable for the 9000 dollars. I don't want to call them and ask them in case of the the event that they might deny me the money and subsequently put a stop payment on the check. I had hoped there might be industry professionals on this site who might be aware of the procedures involved in such a thing. Again. thank you for your time and comments.

Not sure how many idiots hold a 9000 check for 4 years, so you probally in a unique situation.

I have had people call and say they never received a refund check for something, called the company and within 3 minutes they can tell me if it had been cashed, if they say no, I tell them to stop pyament on the check and they do and re-issue a check that day.

 

[sephopower]

Thanks again Danny. You are absolutely right. I am in physical possesion of the check so I had never cashed it, and contacting the company is an option. However after the initial hassle of getting the check in the first place I just felt that depositing the check should be the first option, and dealing with the insurance company the second.
If they do, I'd rather have the bank return the check to me and then try to deal with the insurance company. Instead of risking them deciding not to pay me at all. After all it is money I didn't have yesterday, but I'd like to capitalise on this oppourtunity as quickly as possible.

 

[djs]

Its useless to put the check in the bank. You'll slow down the speed on which to 'capitalise' on the opportunity.

If its a valid obligation, they will send you a new check without a problem. Don't make it harder than it is.

Dan

 

[sephopower]

Its useless to put the check in the bank. You'll slow down the speed on which to 'capitalise' on the opportunity.

If its a valid obligation, they will send you a new check without a problem. Don't make it harder than it is.

Dan

Thanks Danny. I suppouse I will.