What if the repairs are more than the estimate?

What if the repairs are more than the estimate?

What If The Repairs Are More Than The Estimate? In some instances, a body shop can charge you a little more than the amount on the estimate. So, if you received a written estimate, the body shop can charge you up to 10% more than the estimate indicates.

Do I have to pay for damage to a company car?

Regardless of fault, an employer may seek to have the employee pay for damages. However, it is important that employers establish this liability. Employers will generally try to recoup the cost of damages directly from the employee. But, they can only do so when there is a clear contractual provision.

Do you have to rebuild insurance to pay?

If your destroyed home was insured and in the State of California, you now have the right to collect all benefits that would have covered rebuilding your destroyed home, and use those benefits to buy a replacement home instead. California law specifically requires insurance companies to pay the same amount they would …

Can you keep the money from an insurance claim?

The auto insurer has fulfilled their obligation by making payment on a valid claim, so as long as your policy and state allow it, you can keep the money to use as you choose.

Is it better to have a car totaled or repaired?

In some cases, whether your car is repairable or is totaled becomes a substantial problem. Most insurance companies will want to consider the car “totaled” if the repair cost approaches the value of the car. For instance, it would not make sense to pay $8,000 to repair a car that is only worth $6,000.

What to do with a car that needs more repairs than it’s worth?

Wondering what to do with a car that needs more repairs than it’s worth? If you’re trying to decide whether to repair or replace your car and decide on replacing it, you can sell a car not worth repairing in any of the following places: Junkyards and scrap yards. To a private individual.

Can a company make you pay for accidental damage?

If an employee accidentally breaks or damages equipment, you cannot require him to pay for replacement equipment. Accidents happen. The damage must be treated as a business expense. You can only require an employee to pay for damaged equipment, if the damage is done on purpose or because of gross negligence.

Is it worth it to have earthquake insurance?

While earthquake insurance can be great to have if your home is seriously damaged and the damage exceeds your deductible, the high premiums and deductibles that come with earthquake coverage can make the balance between what you pay and what you get uneven.

Can you keep the money from a car insurance claim?

Yes, you can keep car insurance money from a car accident, rather than using the money for repairs, if you own your car outright and the insurance company did not pay the mechanic directly. Depending on the details of your insurance policy, you may not be required to use your claim settlement check to repair your car.

Is it worth keeping a totaled car?

Safety should be your primary concern when keeping a totaled car. If damage to the totaled vehicle is mostly cosmetic, you may be able to put it back into service for a modest cost. However, if fixing the car means reaching deep into your pockets, you may be better off letting it go.

Does a repaired car lose value?

If you fail to make repairs or the repairs are low quality, your vehicle’s value will also suffer. However, even if you have your car fully repaired after a crash, it will still lose value. Despite the repairs, the vehicle’s market value has decreased simply because it was damaged in an accident.

When should I sell my car or repair it?

When repair costs start to exceed the vehicle’s value or one year’s worth of monthly payments on a replacement, it’s time to break up with your car, according to automotive site Edmunds and Consumer Reports, the product review site. Manelis also suggests thinking about your current car after repairs.

Do employees have to pay for broken items?

If an employee accidentally breaks or damages equipment, you cannot require him to pay for replacement equipment. You can only require an employee to pay for damaged equipment, if the damage is done on purpose or because of gross negligence.

Can I use my company car for personal use?

If you have a company car and you want to use it for making personal trips then yes, you do have to pay company car tax. Unfortunately, in the eyes of the HMRC, personal journeys include travelling to and from work.