Are insurance companies the only ones that can declare a car a total loss?

Answer Answer Yes.

Top Q&A For: Are insurance companies the only ones that can ...

How do insurance companies define a total auto loss?

Most insurance companies will declare a vehicle a total loss when the cost of repairs are more than the car is worth or the vehicle is so damaged that it can't be safely repaired, according to Geic... Read More »

Are insurance companies required to pay car rental in total loss claims?

On One Hand: For the Policyholder.In general, you have the option of adding a rental car rider to your auto insurance policy. If you choose to purchase the rider, then your company must pay for you... Read More »

What is the criteria to declare a damaged car a total loss?

Answer 544. "Total loss salvage vehicle" means either of the following: (a) A vehicle, other than a nonrepairable vehicle, of a typesubject to registration that has been wrecked, destroyed, or d... Read More »

If you owe more than the value of a car that was declared a total loss how much does the insurance company pay?

Answer Typically the insurance companie will pay the cost of the vehicle at the time of loss, they will not pay anything more. If you purchase a vehicle that is higher than blue book, then consider... Read More »