answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: You own your car it was totaled Should you let the insurance company have it after they pay you?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If your car is declared totaled does the car belong to the owner or the insurance company?

The insurance company. They have in theory bought the car or what was left of it.


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.


Who get the money if the car is totaled and the car is on chapter13?

The insurance company will pay the finance company not you.


Do you make an insurance payment if your car is totaled?

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


Your car was totaled due to fire what should you expect from the dealership?

Nothing. Your insurance company is the agency which would deal with that.


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


If your car was totaled and the insurance company paid you for it do you get a credit for that on sales tax on your new car?

NO.


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.


Do you have to pay off the car loan if you have totaled the car?

Yes, if your insurance company will not pay it all.


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


How do you know how to get cash value when your car is totaled?

The insurance company will make you an offer.


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.