Question

 How is a car considered totaled?

Answer After an accident the vehicle involved is basically in the hands of the insurance company. The insurance company will determine how much the car is worth and how much it would cost to fix it.Apprai... Read More »
http://www.answerbag.com/q_view/1933134

Top Q&A For: How is a car considered totaled

What happens when my car is totaled?

After your car is totaled, the insurance will sell it at a salvage dealer auction. With the title branded as salvage, the salvage dealer may repair and resell the vehicle or sell it for parts. You ... Read More »
http://www.answerbag.com/q_view/1941633

What happens when a car is totaled?

After a car is totaled, the insurance company pays the named insured the fair market value of the vehicle. If there is an outstanding loan, the first payment is to the finance company to settle the... Read More »
http://www.answerbag.com/q_view/1931628

How much is a totaled car worth?

On One Hand: Definition of "Totaled"A totaled car generally costs more to repair than it is worth. An example would be a car that is valued at $5,000, but would cost $6,000 to repair. Cars might be... Read More »
http://www.answerbag.com/q_view/1864040

How is the value for a totaled car determined?

After an insurance company deems a car a "total loss," it then sets out to determine the value of the car by calculating a number of different factors.ACVFirst, the insurance company must determine... Read More »
http://www.answerbag.com/q_view/1943749


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