Can I Drop a claim?

by Matt
(California)

I was wondering if I can drop an insurance claim for a stolen vehicle? I reside in California the vehicle is registered in Utah where my parents live.

I have been late on a few payments as well as my credit cards. On paper, it looks like I would need to get rid of the truck.

But I wanted to keep it.

I'm getting scarred because they might accuse me. If they don't cover it. I'm just going to have vehicle repossessed.


Answer:


Hello Matt,

I am not following you here. The truck was stolen? You want to keep it? Did they recover it?

If that is the case, then there should be police report and other evidence showing that the vehicle was actually stolen and then recovered.

Insurance companies do look at this type of claim very seriously. Often times they assign the SIU (Special Investigation Unit) to look closely to see if anyone wants to get rid of car etc. The information you gave me sounds like it should raise a red flag for them.

Usually, wanting to withdraw a claim also raises a red flag.

If you have done nothing wrong and you believe that this is a covered loss, then you need to really think about what you are doing. If you withdraw the claim will continue to be on your record and the insurance company will probably flag you.

If you have nothing to hide, then you probably simply want coverage.


Good Luck,
Auto Insurance Claim Advice
Spokane Washington