Question

 What happens when a car is totaled?

Answer 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

Top Q&A For: What happens when a car is 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 if my financed car is totaled?

If your financed car is totaled, the insurance company will pay the fair market value of the vehicle to your finance company. If the fair market value is below your payoff amount, you will owe the ... Read More »
http://www.answerbag.com/q_view/1929907

When Is a Car Declared Totaled in Insurance?

After an accident, there are many things to think about, including what to do if your car is totaled. Before replacements or repairs, a decision must be made by insurors whether the car is totaled ... Read More »
http://www.ehow.com/facts_7337255_car-declared-totaled-insurance_.html

What Happens When a Credit Debt Judgment Happens?

Credit cards provide a rapid and convenient way for consumers to make purchases. Unfortunately, that same speed and convenience makes overspending more likely. If an individual fails to keep close ... Read More »
http://www.ehow.com/about_6360854_happens-credit-debt-judgment-happens_.html


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