by Anonymous on October 2nd, 2009

Question

Help answer this question below.

My car is under loan so the title is with the dealer. I got into an crash that totalled my car. I have full coverage. Is the insurance saposed to pay for remaining amount due that i have left in the loan?

Like
Report

Share:: Facebook; Twitter; Other

Answers. 3 helpful answers below.

by Kingpinn on October 16th, 2009
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.
Comments
Add a comment...
- Like
- Report
No comments. Post one | Permalink
by Sherri on October 16th, 2009
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.
Comments
Add a comment...
- Like
- Report
No comments. Post one | Permalink
by Ganja Girl on October 2nd, 2009
no, just what the car is worth blue book. before you totaled it..then your ins. will more than likely drop you, sorry buddy.
Comments
Add a comment...
- Like
- Report
No comments. Post one | Permalink

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

How long should an accident claim take?
by Answerbag Staff on May 19th, 2011 | 1 person likes this
What Is the Average Car Insurance Rate for Teens?
by Answerbag Staff on July 30th, 2009 | 1 person likes this
do insurance companies hire people for crash investigation involving commercial vehicles? if so how can i apply
by esq63 on March 11th, 2012 | 1 person likes this
if i have a family member in my car insurance policy and they crash do i get a point in my lincese record
by el_negro562 on March 19th, 2012 | 1 person likes this
How to stop flinching after a car accident.
by Blinding Darkness on February 2nd, 2012 | 1 person likes this
More Insurance and car accidents See only professionally researched Insurance and car accidents questions

You're reading My car is under loan so the title is with the dealer. I got into an crash that totalled my car. I have full coverage. Is the insurance saposed to pay for remaining amount due that i have left in the loan?

Follow us on Facebook!

Related Ads

Professionally Researched

ANSWERBAG BUZZ

How does yeast make bread rise

Totaled my car under dad s insurance who gets

I crashed my dad s car and it has full cover

If my loan is in my name and my dads and the insurance is under my dads will the insurance pay

Rights when car is totalled and you owe more than car is worth

About Us

About Answerbag

Sitemap

Professionally Researched Questions

Legal

Privacy Policy

Terms of Use

Disclaimer

Ad Choices
Follow Us on Facebook

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!
Latest Tweet

What is the very worst thing you can do in an interview? http://t.co/3QoM2mLE

Follow Answerbag on Twitter!

Answerbag

Question

My car is under loan so the title is with the dealer. I got into an crash that totalled my car. I have full coverage. Is the insurance saposed to pay for remaining amount due that i have left in the loan?

Answers. 3 helpful answers below.

Comments

Comments

Comments

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

Follow us on Facebook!

Related Ads

Related Questions

Hi i reside in california i got salvage title car and i got all the paper work for parts used from deler part not after market i looking for company do full coverage insurance on salvage title car car 2004

I just got a new vehicle and my daughter totalled it before I added it to my policy but I carry full coverage for her to drive any car will this car be covered?

I was driving my dad's car to the movies one night and got into a car accident. I don't have insurance on the car because its my dads, but i do have insurance on my car is it possible to get my insurance to cover the accident? I dont have full coverage.

Can a dealership repo my car if I have a clear title in my name. My loan company recalled the loan from the dealer to pay in full. I now owe the loan company nothing.

My son (a minor) let his friend (another minor) borrow one of our cars, and the friend totalled the car. I only hold liability insurance on the car, and his parents refuse to pay. Legally, should their insurance company pay to replace the car?

Professionally Researched

Does full-coverage car insurance pay for dents&scratches?

What Is the Average Car Insurance Rate for Teens?

How long does a car title loan company hold a title?

What is the bare minimum for full coverage car insurance?

What does full coverage mean on a car insurance policy?

ANSWERBAG BUZZ

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!

Question

My car is under loan so the title is with the dealer. I got into an crash that totalled my car. I have full coverage. Is the insurance saposed to pay for remaining amount due that i have left in the loan?

Answers. 3 helpful answers below.

Comments

Comments

Comments

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

ANSWERBAG BUZZ

Answerbag.com Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!