What are my options here?
Back in January, I was involved in an accident caused by an elderly driver. His insurance sent me a check, but it never arrived. I reached out this past Monday, and they agreed to issue a new check, which I received on Wednesday. Today, the original check finally showed up. Can I cash this original check and instruct the insurance company on Monday to stop payment on the new one, ensuring it’s not cashed? Or is the original check no longer valid?
It’s important to be cautious in this situation. Generally, when an insurance company issues a replacement check, the original check should no longer be valid. However, to avoid any complications, it’s best to contact the insurance company directly. You should inform them that you’ve received the original check and request that they stop payment on the new one before you cash it. This way, you can clarify the status of both checks and ensure that you’re following the correct procedures. If the insurance company confirms that the original check is valid, then you can proceed to cash it. Just be sure to keep a record of all communications for your reference.