Repair the car or spend the cash?  Sometimes it's perfectly fine
to pocket the payment from the insurance company after your
vehicle has sustained cosmetic damage.  By MSN Money Partner Jul
27, 2011 9:00AM  This post comes from Paul Michael at partner
blog Wise Bread.   Over the past few months, I've been seeing
cars in various states of disrepair. Big dents, dings, damaged
windows and doors, bumpers scraping along the ground, you name
it.   And it got me scratching my head and wondering: Are people
choosing to take the insurance money and spend it on something
other than the car repair? (See also: "Remove car dents quickly
and cheaply.")   Now, obviously, some of these cars were just
old and in need of some major TLC. But in the company parking
lot alone I've seen several cars that are from 2007 or after
and have big bad dents and other major body damage.   Clearly,
these cars were involved in some kind of accident. Be it with
another car, a lamppost, a wall, or an angry Transformer,
something went wrong.