Insurance Company Wants To Total My Car What Can I Do?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Normally, your insurance company will settle your claim (for example: replacement cost minus deductible.)  If you express interest they will usually offer to sell the car back to you (the settlement resulted in the car belonging to the insurance company.)  The price is set by the company and usually the car must be registered as "salvage."
    Answered on February 7, 2014
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