A car is totaled if the repair cost is more than the vehicle is worth, it’s damaged beyond repair or stolen and not recovered. You can only get an insurance claim payout if you carry full coverage on ...

Question: My car was totaled in an accident. Should I repair and keep driving it or buy a new one? Answer: In many cases, buying a car after your current car is declared a total loss is the easier, ...

CheapInsurance.com reports that supply chain disruptions have significantly increased total loss auto claims, leading to ...

Discovering your car has been declared a total loss can be disheartening, but understanding the process can help you navigate the situation with confidence. A "total loss" doesn't mean your car is a ...

Every car accident is at least a hassle and at most a tragedy. While many fender-benders and minor collisions can be resolved through your insurance company and a local mechanic, some accidents cause ...

Learn how car insurers evaluate vehicle value to better negotiate your claim and find out why insurance payouts often fall ...

So, you've gotten into a terrible accident. Like the responsible person that you are, you filed a claim with your insurance company, and have been patiently waiting for their estimate. How many of you ...

In August, the Colorado Court of Appeals decided a case involving a totaled motor vehicle. The vehicle’s owner claimed her insurance company had breached a Colorado statute when it failed to reimburse ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Learn what actual total loss means in insurance, how it’s valued, and its differences from constructive total loss for better ...

Gap insurance can pay out if the balance on your car loan is larger than the amount your insurance company will pay if your car is totaled Written By Written by Insurance Staff Writer, WSJ | Buy Side ...

Cheap Insurance reports that gap insurance can be essential for new car buyers to cover the financial gap between owed loan and actual cash value after a total loss, especially in cases of low down ...