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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?
Wiki User
∙ 15y ago
No, the insurance company takes the car and they give you the value of the car,(depending on condition,make,model,year,# of miles).
Wiki User
∙ 15y ago
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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.
What happens after your car is totaled and you only have liability?
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.
What makes a motorcycled 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.
If you were involved in an accident and did not have full coverage but the bank had put forced insurance on the loan will that insurance cover the totaled car?
That insurance will probably cover the BANKS interest in the vehicle and any liability that may be assigned to it, but little or nothing for 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
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 do you do if your car gets totaled in a car accident?
The very first thing you do is report it to the police. Whether the car is "totaled" or not (a decision typically made by insurance adjusters), a police report is required for any automobile accident.
How do you sue someone at fault in an accident if they have no insurance at all and can you sue them personally to pay for your car being totaled?
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Who owns the salvage in an auto accident?
Either the cars owner or the insurance company who paid for the totaled vehicle
What to do if Car totaled and no collision insurance?
If the accident was your fault you're out of luck. If you were hit by someone, their insurance will total your car and pay you for its actual cash value.
What should I do when I totaled my truck without insurance but it was only me involved?
You should be thankful that no one else was injured in the accident, start saving for a new truck and make sure you never make the same mistake again.
My car was totaled in a car accident and the guy at fault had no drivers license but the car had insurance Will my insurance go up due to the accident and should i sue the guy?
Your insurance may go up it may not, also sue for allot of money!!!
