How much does the insurance company owe you for your totaled car?
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.
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.
The insurance company. They have in theory bought the car or what was left of it.
The insurance company will pay the finance company not you.
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
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.
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.
most time if the car was in an accident and is totaled you will have to by it back from your insurance company
Yes, if your insurance company will not pay it all.
That depends on what the car is and how much the insurance values it at.
The insurance company will make you an offer.
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.
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.
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.
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.
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.
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.
You should check with your insurance company. If you still have a policy open for the car the premium is still due. But I'm not sure why you'd have a policy if the insurance company said the car was totalled
Whomever the car is titled to. You will have to sign the title over to the insurance company since they essentially bought the wrecked car from you.
Your car is totaled and the other insurance is handling the case Should you contact your insurance company?
You could to see if they know anything.
If you have the proper insurance or you were hit by someone you will surrender the car and the title to the insurance company and they will pay you the actual cash value of the car before it was hit.
You cannot insure a vehicle that is not titled in your name. If you did and the car was totaled the insurance company would not pay you because you are not the owner of the car and they cannot pay the true owner because they do not have a legal contract of insurance with the company.
Yes, they will help, but they won't buy you a new car. Once your car is deemed totaled, the insurance company will usually pay you the value of the car before the accident minus your deductible. You can either buy back the totaled car and repair it or use the money towards a new car.
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.
If someone drove your car without permission or a valid driver's license and hit another car and totaled your car will the insurance company cover it?
Yes, in most cases, but have mercy on the person that took your car. The insurance company will go after them
you will have to pay a debt and GET CAR INSURANCE
It means the car was totaled by an insurance company and rebuilt (to hopefully roadworthy standards!)
It just depends on whether or not the insurance company considers the vehicle worth repairing or not.
Why cant you get your aftermarket radio out of your car at the tow truck company yard if your car is totaled?
Once you sign that paperwork, you agree to relinquish the vehicle to the insurance company as is.
What does the your insurance company do to a car if it is totaled and you only have liability coverage?
If you caused the accident and you totaled your car and you only have liability insurance, your insurance company does not do anything to your car. The car was taken away by the tow truck driver. You may pay to haul it somewhere to be repaired or you may sell it to a junk yard. If the other driver caused the accident, then his insurance company buys your car. It still goes to a junk… Read More
Husband totaled his car last year and the insurance company is charging us for his totaled car on new policy. Are they allowed to charge us for a totaled car that you don't own anymore?
When a car is totalled, it goes on your driving record. When insurance companies look up your record, they take that claim you made and make it part of the deciding factors of how much your premium should be. I had an at-fault accident last year and it did not total the car, however the insurance company hiked my rate 50 dollars. My best advice to you is shop around. Seeing a broker (someone who… Read More
If two people have a car loan but only one person has insurance and the car is totaled in a single vehicle accident by the uninsured person will the insurance company still cover the car?
if you have gico then no but any other car insurance will yes
If you rented a car waived insurance assuming own insurance company covered it and then totaled car due to icy road conditions do you have to pay damages and other expenses?
That would depend on the agreement you made with the car hire company.
If you are the policy holder and you were involved in a car accident and your insurance declares your car totaled do you keep your car?
No, the insurance company takes the car and they give you the value of the car,(depending on condition,make,model,year,# of miles).
If a car was totaled by the insurance company after it was repaired per the insurance company what is owed for a voluntary repossession?
In most states, you will owe whats left owing after the ins. co. pays.
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.
you can't sue him if he had your permission to drive car. you need to collect from your insurance company. if you don't have insurance - you're outta luck.
than your car is totaled and your insurance company just pays you a dollar amount instead of paying for the repairs... assuming you have insurance
Your friend sold you his car take over paymentsHe took the car off his insurance you insured the car and then totaled it but you are not on the title Will your insurance company pay for it?
As long as you have the title that he signed off of it and you signed on and you have insurance on the vehicle it will be covered.
Nothing. Your insurance company is the agency which would deal with that.
You could obtain a duplicate title from the DMV.
I think it depends on your insurance company. A friend totaled a car and they based the value of 3 or 4 values. Things like Kelly Blue Book and such.
Once a car is totaled it is gone. Usually the insurance company takes the car for them to sell and get some extra money and if it is claimed as a totaled vehicle I would not recommend driving it on the street where you can hurt yourself or someone else.
Some insurance companies will sell the car back to the owner. Others sell the totaled car to a salvage yard.
There isn't a set rate on this. The insurance company will first examine to see if the accident in which your vehicle was totaled was done in a manner which voided your policy. Then, the analysis will be made based on the vehicle's value, and the extent of your policy.
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… Read More
How can I get the most for my car if it has a salvage title but everything in the car was brand new including the engine and was declared totaled by the insurance company of the driver who hit me?
Have the car appraised.
If you carry full collision and replacement of your vehicle, depending on your insurance company, they will pay the blue book value of the car if it is totaled. That is why it is important not to ever owe more than the car is worth, which is referred to as "being upsidedown."
If a car with an outstanding lien gets "totaled" in an accident the insurance company will pay the finance company. Any amount left on the loan after the insurance payment must be paid by the owner of the car. Gap insurance purchased at the time of the loan will pay any deficiency. On the other hand, any amount left over after the loan has been paid will go to the car owner.
If your car was totaled will the check come in your name if there is a lien on it and you released the car to the insurance company?
Loan company gets paid first if you owe more then the insurancwe pays you owe the balance, if insurance pays more then loan you get the differance.
If you feel you haven't been treated fairly, I would file a complaint with your state insurance company or have your lawyer do it.