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Money and Finances
Reply to "Is it dishonest to use insurance payout for something else?"
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[quote=Anonymous]Here you go everyone. It 100%, absolutely matters if your car is financed or not. OF COURSE if you own the car outright, you can do whatever the F you want. But if you do not outright own the car, you are supposed to repair the car. Is anyone going to find out? Probably not. But are you supposed to? YES. FFS. "If there is a lienholder on the vehicle, the lienholder may require that you repair the damage in order to protect its security for the loan, or the lienholder may require that you pay off the balance of the loan if you wish to keep any portion of the money you receive from the insurance company instead of using it to repair the vehicle." http://insurance.maryland.gov/Consumer/Documents/publications/autoinsuranceguide.pdf [/quote]
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