It depends on why you don't have the title. If you don't have it because it is financed then yes. The insurance company will do the work for you of getting the title released from the bank. If you don't have it because you don't own the vehicle then no the company will not pay you. Legally they cannot pay you for a vehicle that you don't own just like you cannot insurance a vehicle you don't own. They also cannot pay the true owner because that person does not have a legal contract of insurance with the company. No one gets paid.
Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.
You could obtain a duplicate title from the DMV.
As long as you have the title that he signed off of it and you signed on and you have insurance on the vehicle it will be covered.
Whomever the car is titled to. You will have to sign the title over to the insurance company since they essentially bought the wrecked car from you.
My vehicle was totaled according to the insurance company. I cannot collect any money from the ins co unless I have a reconstructed title. How can I get a reconstructed car title
If you have the proper insurance or you were hit by someone you will surrender the car and the title to the insurance company and they will pay you the actual cash value of the car before it was hit.
It means the car was totaled by an insurance company and rebuilt (to hopefully roadworthy standards!)
you will have to pay a debt and GET CAR INSURANCE
Have the car appraised.
Typically, when an insurance co. pays you for a totaled car you surrender the car and the title to them so it's weird that you still have the car at all! Once you surrender the car to the insurance co. they report it as totaled and usually auction the car off to recoup some of their money. Your situation is odd.
Your question is unclear. Did the insurance company declaire the car that was insured was a total loss. After that they would pay you for the entire value of the vehicle and keep the car since they paid you for it. The insurance company can then sell the damaged vehicle at an auction and make up for some of the loss or they can let the insured keep it and deduct the value from the claim settlement. I am an insurance agent but not a claims adjuster. Your questions is indeed unclear but I am assuming your car got totaled and they paid you less, as though it was a totaled vehicle to start with. They might know something you don't. If you purchased the car in the last 18 months from a dealer or person who gave you a clean title, the car may have in fact already been totaled but they decided to not file a claim and instead fixed it themselves at a cheaper cost and passed the car (and clean title) on to you. Meanwhile, the insurance company might have totaled the car and reported it as such. Or, the car was totaled in another state, moved to your state (a process called titled washing) and got a clean title for the short term, long enough to resell the car with a "clean title" even though it was totaled. When you renew your registration the title will come up salvage. Did you run a Carfax on this car prior to purchase?
The only way to get your car title back from the Bank of America is to pay of the loan that the title is collateral for. If the loan is paid off, they will send you the title in the mail.