2006-08-04 21:40:17 · 5 answers · asked by majik0909 1 in Cars & Transportation ➔ Insurance & Registration
I hope the car is paid for, you are not upside down on the loan or you have Gap Insurance.
2006-08-05 01:15:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The insurance company will come up with a value for your totalled car based on the value of your used car before it was damaged, and then they will make an offer to you on that amount. If you are in a car rental with an insurance company, you better start looking for a new car now, because they will shut off the rental asap once they make an offer to you. You might want to research what your value of your car is so you know if what they are offering sounds reasonable or not before you speak to them.
2006-08-05 17:51:31 · answer #2 · answered by Pucci88 2 · 0⤊ 0⤋
Assuming the damages were not your fault, the insurance company covering the other car will offer you the value of your vehicle, adjusted for condition, at the time of loss. Once they have given you the check the vehicle is no longer yours and the insurance will probably have it taken to a salvage yard to sell parts off it to recoup their loss.
2006-08-04 22:44:56 · answer #3 · answered by oklatom 7 · 0⤊ 0⤋
well if u got the highest estimate then take the money cause alot of times they are worth more than the car
2006-08-04 21:45:45 · answer #4 · answered by ezekiel2899 3 · 0⤊ 0⤋
Get a new car.
2006-08-04 21:44:44 · answer #5 · answered by BigWurster 4 · 0⤊ 0⤋