What happens if I still owe money on the vehicle but it is classified as a "total loss"?

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  • เผยแพร่เมื่อ 25 พ.ย. 2024
  • Charlotte Injury Lawyer Matt Arnold answers the question: "What happens if I still owe money on the vehicle but the insurance company classifies it as a "total loss"?

ความคิดเห็น • 10

  • @AlexThorn
    @AlexThorn 6 ปีที่แล้ว +9

    So... You're stuck. There's nothing you can do? It doesn't seem like many lawyers fight to make the insurance accept coverage if they deny a claim and you're stuck with payments.

  • @G80tommy
    @G80tommy ปีที่แล้ว +3

    This just happened to me I got a call about a hour ago saying my car was totaled in the accident I had the other day, it was the other persons fault, and the insurance is giving me $15000 and I owe $19000 so now I owe $4000

    • @Hsnfxxdsh
      @Hsnfxxdsh ปีที่แล้ว

      Negotiate your payout

    • @G80tommy
      @G80tommy ปีที่แล้ว +5

      @@Hsnfxxdsh I actually found out I have gap insurance that covers the rest of my debt.

    • @kingjoe6004
      @kingjoe6004 ปีที่แล้ว

      @@G80tommyhow did you find out you have Gap insurance

    • @shelbys2015
      @shelbys2015 22 วันที่ผ่านมา

      So what Happened with your car? Did they take it? Or did you keep it and buy a new one?? And if so how?

  • @AlexanderWayneLIFE
    @AlexanderWayneLIFE 2 ปีที่แล้ว +1

    How can I get the title to my car if I totaled the car, have no insurance and still owe money on the car ??

  • @trentgmusic
    @trentgmusic ปีที่แล้ว

    What a bs answer