If you decide not to use your insurance money for repairs, there can be various consequences. Firstly, future claims could be denied or reduced if you haven't fixed the previous damage. Additionally, if your property isn't maintained, its value could decrease. It's also important to remember that if the damage presents a risk to others, you could be held liable. So, while it's your choice, it's worth considering the long-term implications before pocketing the cash.
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