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therearentanyleft369 t1_iydv64m wrote

Reply to comment by NJS1993 in Got in a car accident. I have insurance, but I used my address for the title and registration instead of the policy holder’s. I didn’t know that could be a problem. Am I screwed? by [deleted]

The claim has already been processed. Do you think they just made a mistake? Should I prepare for them to come after me?

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NJS1993 t1_iydvk6r wrote

Have they already paid you for the value of your vehicle? It sounds like the claim is still being processed given that they asked for the title before processing the payout.

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therearentanyleft369 t1_iydxog9 wrote

My title got stolen, so I’m waiting on the replacement to send to them. They’ve already done the market valuation and told me the exact amount of payout I’ll get though

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NJS1993 t1_iydyntl wrote

They will usually go over prices and values regardless. However, they will not release the funds until they have the title. This is because when they total out the vehicle, they are taking ownership. They are basically buying your car from you. Nobody buys a car without the title in hand.

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therearentanyleft369 t1_iydyyss wrote

Of course, but I’m wondering if they’ll see the address on the title and me listed as the only owner and then deny the payout

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NJS1993 t1_iydzbu8 wrote

Thats very possible. You would be better off asking them about it before it happens. And trying to explain the situation. If you dont bring it up, but knew about it beforehand, that can be classified as withholding information, which is a form of insurance fraud.

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therearentanyleft369 t1_iye02ri wrote

I hadn’t even thought about that!! I’m definitely not going to mess around with that then. I’ll call the agent. Very, very scared though. Thank you for pointing that out and thank you for the help

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