Why has my insurance company refused to pay the body shops charge for hazardous waste removal?
Many times, the cost to dispose of body shop waste is a contributing factor to increased rates. We view the hazardous waste removal costs as part of the general overhead expenses included in the shop’s hourly rate, much like the expense of using electricity. Please don’t interpret this to mean we’re neglecting the environment. That certainly isn’t the case. Professional Insurance Services is concerned with environmental issues and we support a clean environment. We simply object to being charged for the same service twice. Q: Why is the company only offering to pay a part of my building claim instead of the full amount of the repair estimate? When will I receive the balance? A: The original purpose of property insurance was to pay only the actual cash value or depreciated value of the property. For example, if you have a 10-year-old roof with an expected life of 20 years, you would receive 50 percent of the amount of the claim. Replacement cost policies were developed to allow for the
Related Questions
- THE BODY SHOP IS REPAIRING MY AUTO AFTER AN INSURED LOSS. WILL MY INSURANCE COMPANY PAY FOR ORIGINAL EQUIPMENT MANUFACTURER (OEM) PARTS?
- WHAT HAPPENS IF THE INSURANCE COMPANY ESTIMATE IS LOWER THAN THE BODY SHOP ESTIMATE? WILL I HAVE TO PAY THE DIFFERENCE?
- Why has my insurance company refused to pay the body shops charge for hazardous waste removal?
