Berkie Sinsheimer

Question: Can i keep the insurance money and not fix my car ? can i still buy insurance in future?

I have a BMW 335i which cost around 29k (BUY LAST YEAR with CASH). I was hit by other guy ,he was at fault so their insurance ( B) absolutely must pay to fix my car .Nothing relate to my insurance ( farmer ). they estimate the cost to fix at their shop is 7k while BMW estimate for me is 13k (if there is hidden cost to fix the car, B will have to pay it too,thats the law). I do not want to drive this accident car anymore ,so can i ask them to write me a final check ,for example 15k to cover everything now and in future (for example they accept the deal). i then will sell the damaged car to somebody for cash and buy another one ? my car is still drivable (in my opinion the stucture would cost like 2 k to get it work perfectly,yet if we do not care the look, the cosmetic it will be a super good car to drive) In case i do not sell the car and fix the structure to drive,keep the money , i heard somewhere from yahoo answer that no insurance company will sell you insurance ??? like i can no longer buy farmers insurance if i do not fix my car ??? IS THIS FOR REAL ? ( because i did not make any claim on my insurance FARMER ) Is there any problem with an accident car ( Car title ,etc....) Is it legal in texas to drive a damaged car ? Will they report it to carfax ( i got police report) ..... So that is my case,with your experience Please give me anything that you know about my case, is there any problem with it, does anything will happen in the future Thanks all so much , please help!

BEST ANSWER: Try this site where you can compare quotes from different companies: INSUREINFO.US