answersLogoWhite

0


Best Answer

It depends on the insurance coverage, and what caused the wreck.

But allowing the coverage covers the incedent the insurance company will pay the VALUE DETERMINED BY THE INSURANCE COMPANY. Not what you think it was worth.

I have about $40,000 in a car the insurance comapny will pay $3,000 for if it gets wrecked.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do insurance have to pay you the value of your wreck?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is your car insurance so expensive?

because if you get in a wreck...your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident. because if you get in a wreck...your insurance has to pay for it and you have to pay alittle money to help them pay gor your accident.


Will insurance pay if you have a wreck and get a DUI?

If the DUI was the cause of the wreck, probably not. You will need to check your policy to see what it says, since there are many options for insurance.


Will a life insurance policy pay if you are killed in a wreck and liquor is involved?

No. Insurance co will not pay drink and drive accidents. Neither Life Insurance nor auto insurance cos.


You have insurance but they dont want to pay for the wreck and damage to the other car to get fixed so do you pay for it out of your pocket?

By law they have to pay for it! That's why you have it.


Will insurance pay for a wreck if you have no license or insurance?

If you don't have insurance then there will be no one to pay for an accident. If you are hit by someone who doesn't have insurance your own insurance policy may pay for damage to your vehicle as well as bodily injury within your policy or state limits


What happens with the insurance if you get in a wreck and its your fault?

We typically contact our insurance company and report the accident and the circumstances. That way the insurance company can pay the bills for you.Answerthe insurance company raises your rates and pay a deductable


What if i wreck my vehicle and it's not paid for?

Drivers are required to have insurance. If you wreck your vehicle, the insurance company will pay for it. If you are driving without insurance in a vehicle that is not paid for, you still are obligated to repay the money you borrowed to buy the car. It is not the bank's fault that you wrecked the vehicle.


If I drive my vehicle delivering pizzas and have a wreck does my insurance company have to pay if it was my fault and you have full coverage?

Usually whom ever is at fault for the accident their insurance has to pay. If you are at fault your insurance has to pay and the pizza business would pick up the rest.


When you wreck a car does the insurance company pay for tax and title also?

If your vehicle it considered a total loss, your Total Settlement Value will include Taxes, Transfer Fees, Deductible and your Loan/Lien. *This is with State Farm Insurance, I am not sure about other companies.


Had insurance when your car was hit by a hit an run driver after the wreck lost your insurance will you still get paid?

Yes. As long as you were insured when the accident happened they will pay the claim.


Do insurance companies pay for wrecked cars?

It can be said that insurance companies pay for cars after a wreck as long as you are fully insured. But when a person does get money from the insurance company it doesn't mean that they are buying it from you. The car will have to be taken to a car junk yard and you can sell it to them.


Does an insurer have to pay you the value of the wreck recovery if a car is a total loss and under insured?

They will only pay up to the limit on the policy.