0
You, if you own the car outright or whatever institution carries the loan, if you haven't paid it off.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Who gets the check from ins co when a car is totaled The titled owner or the person who has the insurance?
The titled owner
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.
Does insurance help with buying a new vehicle if your car gets totaled?
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 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.
CAN you BUY MY Car back after its totaled?
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.
Will you owe taxes on a totaled car?
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.
Do you have to get the car fixed after receiving the insurance check?
If the car was not classified "totaled" (meaning that the damage is more than the value of the vehicle) it is the right thing to do.
How is the value of a totaled car figured?
The cars are usually put up for bid and various salvage yards and independants bid on them. Highest bid gets the car.
If you get into an accident and the other driver is at fault and your car is totaled of course his insurance will pay but if they pay the deductible who gets it?
There is no deductible for liability claims.
Who is on the check from the insurance when vehicle is totaled?
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.
Can you keep your hail damage car if the value of the car is less then the hail damage?
yes, but insurance normally will just say it is totaled and write you a check for the value of a car. its cheaper
How do you finance buying back a totaled car?
Home equity loan perhaps. No bank is going to finance a totaled car.
