How Willthe Company Pay Me?

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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UPDATED: Jul 16, 2021

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Depending on the nature and extent of the loss, as well as the individual practice of the insurance company, they may

1. cut a check or draft to you directly,

2. have the settlement proceeds placed in escrow for payment to contractors, materialmen, and other laborers, or

3. set up an account from which the proceeds will be distributed.

Some companies have contracts with contractors who provide the repairs and then bill the company directly.

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