You need to file a claim with your auto insurance carrier. The insurance adjuster will physically examine the vehicle's damage. If the estimated cost to repair all damages exceeds the total value of the car, then the insurance company will total the car. This means they will write you (or the lender) a check for the total value of the car before damages.
Most of the above is true but a car is considered totaled when the repair costs exceed 50-75% (depending on the state you live in) of its actual cash value. If it is totaled you will sign the title over to the insurance company and they will take ownership of the car after they pay you.
The insurance company will make you an offer.
if the repair job out weights the price of the vehicle
Not if you notify you local PVA that the car is totaled and not longer in service. You will pay taxes up to the day it was totaled.
I don't know if there's a provision but, depending on which state you live in a car is totaled when the repairs cost more than 50-75% of the car's value.
Home equity loan perhaps. No bank is going to finance a totaled car.
Get a new car. == If someone hit your car you will be paid the actual cash value of the car. If you totaled the car and had collision coverage you will be paid actual cash value, too.
no
No.
drink driving
Some insurance companies will sell the car back to the owner. Others sell the totaled car to a salvage yard.
A car is considered "totaled" if the cost of repairs is equal to, or greater than, the blue book value of the vehicle.
Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.