Car Totaled Not At Fault Still Owe
If your car is totaled, and you don’t have gap insurance, and you still owe money on it, you will have to pay for it. If your vehicle is deemed totaled and you still owe money to a loan company, you will be required to pay off the balance of your loan first. Pin by Ranger Minney on Cars AMC Vehicles, Cars For some, they’ll say a car is totaled if the cost to repair it exceeds its value. Car totaled not at fault still owe . For example, if your car is worth $10,000 and the cost to fix it back to the way it was exceeds its value, it’s totaled. If you have insurance or you can successfully sue the responsible person, then maybe you’re in luck. As such, your only recourse may be to argue for a higher value on the vehicle. One texas appellate court has held that where the insurance company unreasonably delayed inspecting and declaring the consumer’s car a total loss, they did owe a rental vehicle. However, you don’t have an insurer on your side to help you out, so your success ...