Search found 3 matches

by condoprez
Fri Jun 09, 2006 9:24 am
Forum: Opinions
Topic: Is it legal to profit from an insurance claim?
Replies: 16
Views: 122535

I kind of thought that was the case, but all my friends say that it is common for people to get an amount from their insurance settlement and then have the work done for less. Can they come back at me for the money in that case? Big Dog, I have the Homeowner's Special Form. Can you tell me where I s...
by condoprez
Fri Jun 09, 2006 12:46 am
Forum: Opinions
Topic: Is it legal to profit from an insurance claim?
Replies: 16
Views: 122535

Materials were just an example, but what I am trying to figure out is the legality. If I replace the roof with a different less expensive material, can the insurance come back to me later and demand their money back? Basically, is it legal to profit from the claim?
by condoprez
Thu Jun 08, 2006 10:23 pm
Forum: Opinions
Topic: Is it legal to profit from an insurance claim?
Replies: 16
Views: 122535

Is it legal to profit from an insurance claim?

If the insurance company pays me $100,000 to replace my roof of clay tile, but I replace it with asphalt shingles for $25,000, is that legal? Can I keep the money? If my whole claim is for $200,000...Can I get the work done for $50,000 and keep the rest? What if I don't get the work done at all? Is ...