Question

 What happens when my car is totaled?

Answer 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

Top Q&A For: What happens when my car is totaled

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 do I Check the VIN of a Totaled Car?

Even if a vehicle has been totaled by an insurance company, you can still benefit from a vehicle history report if you intend to put the vehicle back on the road. Laws and requirements for a totale... Read More »
http://www.ehow.com/how_6853578_do-check-vin-totaled-car_.html

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

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


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