Legal Question in Insurance Law in Florida

I own a small buy here pay here car lot. One of my customers has totaled their vehicle and also had defaulted and I hold a certificate of repossession. The customers insurance carrier refuses to pay off the lien I hold because the customer refuses to cooperate. I was under the impression that the certificate of repossession entitles me to payment for the lien interest even without my customer cooperating with his insurance carrier.

Asked on 6/04/15, 12:46 pm

David Slater David P. Slater, Esq.

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If there is a dispute between the parties, legal action may be necessary.

Answered on 6/04/15, 12:58 pm

Barry Stein De Cardenas, Freixas, Stein & Zachary

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You don't have an absolute right to the insurance proceeds. You may need an attorney to intervene to assist you in collecting those proceeds.

Answered on 6/04/15, 1:26 pm

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