Auto Claim Money Guidance
Summary
If your auto repair costs are less than the insurance estimate, you may keep the remaining money if you own the car outright. If the car is leased or financed, the leftover funds typically go to the lender. Consult your insurer for specifics.Full Conversation
Ohio
Hello ****, I understand you're in Ohio. Could you please specify the legal issue you're facing so I can provide more accurate information?
Auto claim and the body sho repair was less than the original estimate. What do I do with the remaining money?
Hello ****, in Ohio:
- If you own your car outright, you can generally keep the leftover money.
- If your car is leased or you have a loan, the remaining money usually goes to the lender.
Please consult with your insurer for specific details.