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Answered 2007-04-12 14:34:02

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.

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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.


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.


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.


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.


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.


If your car is declared totaled do you still have car insurance The insurance company has not paid yet.?

Hi, It depends on what type of insurance you had. Liability, full coverage...etc...Call your insurance company and find out.


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


What happens to a car that's declared totaled by the insurance company?

If you want to keep a totaled car, the insurance company will determine the salvage value and deduct that from your settlement check. You can still get liability insurance (if there are no safety issues related to the damage), but not collision or comprehensive unless you have the repairs made.



I have liability only and my car was totaled?

If another person was at fault for the accident, you will need to go after their insurance company. If you are liability only, your insurance company will not pay for anything.


CAN you BUY MY Car back after its totaled?

In some cases you can buy your car back from the insurance company or from the scrapyard if the vehicle is totaled. You will need to check your insurance policy to see what type of stance they take on this purchase.


Do you have to pay off the car loan if you have totaled the car?

Yes, if your insurance company will not pay it all.


How do you get a car after your vehicle is damaged?

most time if the car was in an accident and is totaled you will have to by it back from your insurance company


What can be done with a totaled vehicle under lien and only liability insurance?

If the accident is your fault, your insurance company is not going to pay out anything. If it is the other person's fault, the other insurance company will be liable.


You own your car it was totaled Should you let the insurance company have it after they pay you?

This depends on what the settlement covers I have required the insurance company to allow me to retain ownership, this reduces the settlement. Or the if you do not specify that this is what you want the insurance company gets the car.


How do you know if your car is totaled?

The insurance company tells you. The way they figure this out is by comparing the cost of repairs to the value of the car. If the cost is the same, or greater, the car is totaled.



What does the finance company do when a car is totaled and there is no collision insurance?

If the driver was uninsured or only had liability insurance, they would be liable to still pay the finance company back or face a lawsuit.


Rebuilt title mean?

It means the car was totaled by an insurance company and rebuilt (to hopefully roadworthy standards!)


Is a car totaled when it has rolled?

It just depends on whether or not the insurance company considers the vehicle worth repairing or not.


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