Will AAA cover my car if its totalled?

Question

I totalled my car yesterday and I called the car company to see how much I still owe on it and its 9800$. Kellys blue book value for my car is 9700$. Can I expect them to pay it off or will I have to pay money on it still, and if they do pay it off can I expect money left over to buy another car?

Answer 1

I work for AAA and I'll tell ya right now....we do not pay out on totaled cars based upon Kelly Blue Book, NADA, or any of those other guides people like to mention so get that thought out of your head. We pay the actual cash value of the vehicle which is what the law says you are entitled to receive based upon the year/make/mileage/condition of the vehicle before the accident. We will not pay off your car loan unless you purchased GAP insurance with your policy...that is between you and the bank if you don't have it (and not every AAA policy allows this type of coverage either). If your settlement exceeds the balance of the loan you will receive whatever is left over.

Answer 2

Aaa Gap Insurance

Answer 3

Spence.... I can't answer your question but I had to voice my opinion here about some of the others here that think this situation is funny .. and add there 2 cents worth .. so here is mine ..
Why are people so ignorant ?
If you don't know an answer then you have no business leaving stupid comments.. do you need 2 points that bad ?
I hope one day you ask a serious question and someone laughs at you ..
how rude people are ..
YES AAA does have insurance .and they have one of the best rates available ...but spence you will have to contact your agent to find out what the policy terms are on your situation because every case is different . it will depend on your policy .

Answer 4

Wiat.... do you have just like AAA roadside service lol? Im assuming maybe AAA has some insurance that i dont now about...

If you do have actual car insurance through AAA and you have collision... they will pay actual cash value of your car... (thats not necessary kelley blue book.. check out nada.com)

They dont care how much you owe.. if actual cash value is less.. you will only get that.

Answer 5

This Site Might Help You.

RE:
Will AAA cover my car if its totalled?
I totalled my car yesterday and I called the car company to see how much I still owe on it and its 9800$. Kellys blue book value for my car is 9700$. Can I expect them to pay it off or will I have to pay money on it still, and if they do pay it off can I expect money left over to buy another car?

Answer 6

It depends. Their job is to pay the blue book value (and keep in mind there are 3 blue book values, and they might not pay the high one). If you're "upside down" on your financing (owe more than the car's worth) that's not their problem, unless you bought gap insurance specifically to cover that.

However, sometimes insurance will surprise you and cover stuff they're not technically required to. They seem to not mind spending a little on a claim if it keeps a happy customer.

Answer 7

Insurance is actual cash value at the time of the loss. If it is actually worth more than average, becuase of low mileage/ good maintenance, you may have money left over after paying out the loan, but, if it is deemed to be worth less than average book value, you can end up with more to pay off than you expected, unless you have gap insurance.

Answer 8

Wrong, No, Forget It, Try Again.

Answer 9

Why not visit their website and find out?

http://www.aaa.com/scripts/WebObjects.dll/ZipCode.woa/wa/route

Answer 10

lmao get real