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Answered 2012-03-26 05:58:18

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.

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Full coverage auto insurance covers everything. If the car is totaled they will will replace it. Liability auto insurance will only cover medical bills, and not the car if it is totaled.


If a car is totaled in an accident and only liability insurance is present, there is a chance that the other party's insurance will pay for the vehicle if the accident was their fault. If a car is totaled, but no others were involved, then the responsibility falls on the registered owner. This will not release the registered owner from paying for the vehicle, either, if money is still owed on the car.


The other parties liability should if it was their fault. Your liability should cover the vehicle you damaged.


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 yard to be recycled. That way, however, you will get some money. Either way, you are entitled to get your personal stuff out of the car.


When a car is borrowed (with permission) the insurance of the car owner is primary and the insurance of the driver is secondary. Here, the car owner has no coverage to pay for the damage to his/her own car, so the driver's liability insurance would cover the cost of the car. That is assuming the driver has liability insurance, if the driver doesn't have liability insurance, the car owner is stuck (unless he sues the driver).



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.


If you have collision insurance, they will pay out up to 40-70% of the value of the car in repair costs. Over that amount, it is considered totaled., and they cut you a check for the value of the car. The percentages vary with companies, vehicle, etc. You don't have any say in it. If you have only liability insurance, you're on your own for the repairs.



My insurance provider, Hanover, told me that they would only write liability coverage, and not full coverage on my truck that was flooded and totaled in New Orleans.


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.


Basically you just sell it as-is with a salvage title. You can sell private party or to a junk yard as any older car is more valuable parted out (granted was taken care of prior to the wreck).


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.


The average Michigan car insurance rate for liability only policies is about $2000


Liability only covers the "other' car/property. So no the rental car would not be covered.


no it does not, liability covers only the second party.


YOU will. only his liability will follow him. you loan your car, you loan your insurance as well. So looks like your not getting your car paid for.


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


In state of Michigan, you can only have liability coverage if your car is paid off. Otherwise, you will have to purchase a full coverage policy.


No, only if it has been totaled and has a rebuilt title.


Repair it make a planter out of it sell it for scrap Without collision insurance you are out of luck unless the accident was the other guys fault, in which case his insurance will pay you for the value of your car and collect the remains.


A lien holder on a car title or car loan just means that person is the full owner of the car. If your car gets totalled or goes into default, the lien holder can retrieve the car from you because they have full ownership of the car. Lien Holders are used for lending purposes. This means the lien holder has no liability responsibility. The registered person on the car is required to have liability coverage on the car according to law and not hold the lien holder liability on the car if the car gets damaged or totaled. Lien Holder means they fully own the vehicle until the loan is paid off.


Home equity loan perhaps. No bank is going to finance a totaled car.


Only if you let him or if you had known he was driving it.


Unfortunately, there is nothing you can do with your insurance company. If you only have liability insurance, they do not pay anything to have your vehicle replaced.



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