answersLogoWhite

0


Best Answer

Legally, if the company pays you for the totaled vehicle, it belongs to them. You can offer (if they don't) to by the scraps back. This would be deducted from your settlement and you would be paid the difference.

User Avatar

Wiki User

βˆ™ 2007-04-12 14:34:02
This answer is:
User Avatar
Study guides

selection process for all federal judges

appellate jurisdiction vs original jurisdiction in federal courts

how did the 14th amendment affect civil liberties in the united states

what term describes the view that only fundamental bill of rights protections should apply to the statesΒ 

➑️
See all cards
4.26
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
23 Reviews

Add your answer:

Earn +20 pts
Q: After settling with the insurance company for a totaled car do you keep the car or does the insurance compnay?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why would an insurance company declare a vehicle totaled?

An insurance company declares a vehicle totaled when the cost to fix the vehicle exceeds 70% or more of its market value.


What is a sentence for totaled?

I was most relieved to find out that my insurance company agreed with my statement that it had been totaled. I came out ahead when my expenses were totaled up.


Your car was recently totaled by insurance company can you buy it back from the insurance company?

I totaled my Mustang and was able to buy it back from the insurance company. They gave me the Blue-Book value less my $500 deductable. They would not insure it after I repaired it, I had to switch insurance carriers to get coverage.


Who get the money if the car is totaled and the car is on chapter13?

The insurance company will pay the finance company not you.


If your car is declared totaled does the car belong to the owner or the insurance company?

The insurance company. They have in theory bought the car or what was left of it.


What makes a motorcycle totaled?

When a vehicle covered by insurance gets wrecked, the insurance company looks at how much it will cost to repair. If repairing the bike costs more than it is worth, then the insurance company declares it totaled and pays for a replacement.


Is it legal for your insurance company to deny a loss for a car that was totaled?

It would depend on why the car was totaled and who's fault the accident was and what time of insurance do you have PLPD or Full Coverage


How do you know how to get cash value when your car is totaled?

The insurance company will make you an offer.


How much will you have to pay to get your car back if it was totaled and the insurance company refuses to pay?

The insurance company will pay you the worth of your car minus your deductible.


If your car was totaled and the insurance company paid you for it do you get a credit for that on sales tax on your new car?

NO.


How do you declare the title of a vehicle you own as salvage?

can be done by insurance company at time it is totaled out by them


Does an auto insurance company have to pay for a deaf interpreter to find a new vehicle after yours has been totaled?

What. Why would you think this is required? An insurance company will not find you a new vehicle is your is totaled, they will pay you the actual cash value of the vehicle you had.

People also asked