[Ice]

Won't the check from your insurance company be payable to the owners of the vehicle according to the title? Your insurance company would do this to ensure the loan is paid off with the proceeds. Perhaps there will be two checks cut, one for the payoff amount payable to your lender and the remaining balance to the private owner on title.

Years ago, I'd have to do an endorsement signature guarantee for a bank client on checks payable to the insurance company and my client. Then the insurance company would actually deposit the check and issue an insurance draft for the difference payable to the policy holder. I'm not sure that's required any longer.