Can I Receive Cash Compensation Without Repairing the Car After Damage Assessment?

[Susie]

Regarding the situation where cash compensation is requested without repairing the car after damage assessment, different insurance companies may have varying policies. Generally, after the damage assessment, the insurance company will transfer the claim amount to a designated account or directly pay cash to the policyholder. However, some insurance companies may require the car owner to first pay the repair costs and then submit the relevant documents for reimbursement. Below are several scenarios where cash compensation may be applicable: Designated Repair Shops: If the car has already been reported for a claim with the insurance company, the owner can take it to a repair shop designated by the insurance company or a 4S repair shop partnered with the insurer. The process typically involves damage assessment first, followed by repairs, payment, and then reimbursement. High Claim Amounts: If the quick claim amount exceeds the threshold set by the insurance company, the car owner may need to pay the repair costs at a designated repair shop or a partnered 4S shop and then submit the receipts for reimbursement.