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If the other party's insurance says that your car is totaled can it be repaired?
Wiki User
∙ 8y ago
Yes. Here's what will happen: The insurance company will still total your car, but since you own the vehicle, you have the option of retaining the salvage. You can then take the settlement money and repair your car with it. If you have a lien on the car, however, the carrier might send some or all of the total loss payment to your lienholder.
Of course, if you car is a total loss, it's unlikely that the settlement amount will cover all of the repairs. That's why it's considered a total loss. In every state, once a vehicle's repairs reach a certain percentage of the vehicle's actual-cash-value, it's considered a total loss. The actual-cash-value is all an insurance carrier would owe you.
Your best bet? Review the insurance company's total loss offer very carefully. Make sure their valuation of your vehicle considers all the options, the correct mileage, and any refurbishments (new engine, transmission, etc.) that you've had done in the past year or so.
Don't count on getting the retail book value for your car. That value is based on the exaggerated price a dealer sticks on a vehicle, and as we all know, only a very misinformed person would walk onto a dealer lot and pay full price for a vehicle (specialty vehicles notwithstanding).
Also, once a vehicle is a total loss, your own carrier will likely remove the full coverage on it. You'd have to have it repaired and inspected -- sometimes by the state -- to have it considered roadworthy again and to have your own carrier put the full coverage back on. And, depending on the valuation service that the other carrier uses to determine the value of your car, it's likely your car will always be considered a total loss because it's marked as a total loss. This can affect is value if, say, you have another accident in the future and total the vehicle again (because, let's face it, would you pay the same amount for a vehicle that had been deemed a total loss in the past?). Your state might even require you to obtain a salvage title on your car, which is no fun when you're trying to sell it.
My recommendation: Review the carrier's total loss offer as I mentioned, and go get a new car. You'll be glad you did.
Wiki User
∙ 8y ago
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Your car is totaled and the other insurance is handling the case Should you contact your insurance company?
You could to see if they know anything.
What does the your insurance company do to a car if it is totaled and you only have liability coverage?
If you caused the accident and you totaled your car and you only have liability insurance, your insurance company does not do anything to your car. The car was taken away by the tow truck driver. You may pay to haul it somewhere to be repaired or you may sell it to a junk yard. If the other driver caused the accident, then his insurance company buys your car. It still goes to a junk yard to be recycled. That way, however, you will get some money. Either way, you are entitled to get your personal stuff out of the car.
What can be done with a totaled vehicle under lien and only liability insurance?
If the accident is your fault, your insurance company is not going to pay out anything. If it is the other person's fault, the other insurance company will be liable.
What happens after your car is totaled and you only have liability?
If a car is totaled in an accident and only liability insurance is present, there is a chance that the other party's insurance will pay for the vehicle if the accident was their fault. If a car is totaled, but no others were involved, then the responsibility falls on the registered owner. This will not release the registered owner from paying for the vehicle, either, if money is still owed on the car.
If your car has been totaled what are your options while waiting for the other drivers insurance company to handle the situation?
you can go ahead and contact the other drivers insurance company and determine the status of the claim.
Why can't I get a rental car from the driver who totaled my car?
Presumably because the other driver's insurance doesn't cover that expense. Check into your own insurance policy to see if maybe your own insurance does.
If you are involved in a collision and your policy is only 10.000 but the other vehicle is totaled is the insurance company responsible for the amount over the policy?
Nope.
If you get into an accident and the other driver is at fault and your car is totaled of course his insurance will pay but if they pay the deductible who gets it?
There is no deductible for liability claims.
Can I get a car repaired withought car insurance?
Yes you absolutely can get a car repaired without car insurance as long as the repair shop will accept that and they will accept other methods of payment like a check or cash or credit/debit cards.
Does liability insurance get you money for a car if your car is totaled?
The other parties liability should if it was their fault. Your liability should cover the vehicle you damaged.
Your wife is not on your auto insurance policy She has rear ended another driverand his vehicle was totaled by his insurance company What are your responsibilities?
If she was driving your vehicle, with your premission, it would fall under your insurance and they would have to pay for the other drivers vehicle
Do you have to accept the insurance company's offer after your car is deemed totaled?
You can ask for more money and get other estimates. But usually, the insurance companies will price the loss of a car depending on the blue book's value.
