Legal Question in Insurance Law in Tennessee

I live in Tennessee and recently had a pipe burst in my home and am now dealing with the aftermath of that joyous experience. My insurance company has estimated the cost of repair and has sent me a check to pay for the repairs. My question is: Is that now my money? If I find someone to do the repairs for less than the insurance company estimated, do I get to keep the difference or is the insurance company legally entitled to get the balance of the money back?


Asked on 2/22/10, 10:59 pm

1 Answer from Attorneys
Marshall Snyder Law Office Of Marshall Snyder

Once the insurance company estimates the damage and issues the check, you can do whatever you want with the check.

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Answered on 3/07/10, 9:00 pm


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