ANSWERS: 3
  • no, just what the car is worth blue book. before you totaled it..then your ins. will more than likely drop you, sorry buddy.
  • Only if you have 'gap' insurance which will pay the lender the difference between what the insurance company will pay and what you still owe on the auto.
  • The finance company would be the leinholder on your car, not the dealer. If you totaled the car, then insurance will pay what the low book is on the car. This usually means you get stuck for the rest. If this car was leased and you have gap insurance, your're ok. If not, your're stuck.

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