Can an insurance company ask for money back?

Can an insurance company ask for money back?

If you own your vehicle free and clear and are carrying collision and comprehensive insurance coverage, you can generally take the claims check and keep the cash. However, whether the check goes directly to you or your insurer has a policy of paying the body shop instead of the claimant is another story.

When insurance plans ask for their money back?

Under California law, if a provider does not contest a notice of overpayment, he or she is required to reimburse the insurance plan for the amount requested, within 30 working days of receipt of the notice.

Can an insurer subrogation against an insured?

An insurer has no right to subrogation against its own insured for losses or liability for which the insured is covered under the policy.

How long does an insurance have to request a refund?

Timing. Except in the case of fraud, the insurance company must make any request for an overpayment reimbursement in most states within 365 days from the original payment.

What happens if you ignore subrogation?

What happens if you don’t pay a subrogation claim? If you choose to not pay a subrogation, the insurer will continue to mail requests for reimbursement. Again, they may file a lawsuit against you. One way to avoid an effort to subrogate from the victim’s insurance company is if there is a subrogation waiver.

Who is liable to repay money I lent to my son?

‘As for who is liable to repay the money, this may depend on whether a separate entity had been incorporated at the time the money was transferred. ‘If the business had not yet been established, or you understood that you were lending your son the money personally, then he will be liable to repay you the money.

What happens if I lend my son money?

‘If the business had not yet been established, or you understood that you were lending your son the money personally, then he will be liable to repay you the money. ‘In that case, ultimately, if settlement cannot be agreed between you and him, you can commence a claim for the whole amount against your son.

How can I recover money from my son?

‘In any claim you do commence, your legal fees and interest on the loan amount are recoverable from your son and this money should be included in the total sum you need to be repaid. Thank you. Please check your inbox to confirm your email address.

Can you demand to be paid your son’s debt?

‘However, as you have not been paid anything for five years, you can demand the whole sum to be paid, as from the information you have provided although the debt is not disputed by your son, he does not intend to repay you anything.

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