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The fair market value for your car at the time before you got into the accident. It may not be enough to replace your car, if you have GAP insurance through your bank, then it should cover the cost of replacing the vehicle.

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Q: How much does the insurance company owe you for your totaled car?
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Related questions

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 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.


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.


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


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 much should the payout be for my totaled car?

That depends on what the car is and how much the insurance values it at.


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


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

The insurance company will make you an offer.


After settling with the insurance company for a totaled car do you keep the car or does the insurance compnay?

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.


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.


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.