i have geico and have some dings and scratches on my truck i want the money for but dont care to fix them. i figure im paying for insurance to take care of that so is it my option to take the money and not get it fixed or not? also the truck is not owned out rt by me their is a lien holder.
heres what geico is wanting to do. they said that they can do a 2 party check (me and the fixer or shop) i told them i have a buddy that does side work and they said no problem but they need his name and social for tax reasons they say. it seems very complicated. but i have some one to be that other party BUT would i be breaking some law or commenting some form of fraud if i took the money without fixing the truck since their is a lien holder involved?
ty very much
heres what geico is wanting to do. they said that they can do a 2 party check (me and the fixer or shop) i told them i have a buddy that does side work and they said no problem but they need his name and social for tax reasons they say. it seems very complicated. but i have some one to be that other party BUT would i be breaking some law or commenting some form of fraud if i took the money without fixing the truck since their is a lien holder involved?
ty very much