This is not an uncommon occurrence. You might be stuck with a loan balance on a car that you can't drive. The next time you finance a car with little or no down payment you might consider getting "gap" insurance to cover the difference between the vehicles "actual cash value" and the amount you owe on it. This is an especially big problem when dealers offer to "pay off your trade no matter what you owe" when buying a new car from them. You can try to make your case by getting evidence that the car was really worth more than what the insurance company is offering or you can get a lawyer. Good luck.
You have no options! Should have got insurance There are none. You have the joy of paying off a car you no longer have. Best thing to do is try and sell it for parts.
Sue the owner of the car, since the owner was likely required to carry insurance as part of the financing deal.
you can go ahead and contact the other drivers insurance company and determine the status of the claim.
Yes, you can usually but it back because it is then between you and the insurance company. But keep in mind your insurance company normally pays the ACV (Actual Cash Value) which may not be what you actually owe on the vehicle unless you carry Gap insurance. Gap Insurance is an additional coverage that covers the balance of the loan between the ACV and remaining Balance.
you will have to pay a debt and GET CAR INSURANCE
used of automobiles; completely demolished; "the insurance adjuster declared the automobile totaled"
A vehicle is totaled if it cost too much to repair it. Usually, insurance companies determine whether or not a vehicle is 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
An insurance company declares a vehicle totaled when the cost to fix the vehicle exceeds 70% or more of its market value.
Some insurance companies will sell the car back to the owner. Others sell the totaled car to a salvage yard.
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.
It depends on many aspects, however since it already has a salvaged total it will be significantly lessened than if it didn't already have a salvaged title. Your insurance company should be able to give you specifics as to why they are offering what they do.