Learn what happens if your car is totaled, how a total loss is determined, what happens if you're still financing a totaled car and how to file a claim.

What happens to my vehicle? You have the option to retain your vehicle salvage or transfer the title to us once we pay your claim. If you transfer the vehicle, we dispose of your totaled car and comply …

Often, when a vehicle is totaled or severely damaged, the insurance company may collect it to either scrap or sell at a salvage auction. In these cases, the insurance company takes care of the salvage …

The leasing company is the vehicle's legal owner. Your lease may specify when you must report the accident to the leasing company. Check the details of your lease agreement to make sure you report …

If your vehicle is stolen or totaled, and your comprehensive car insurance or auto collision coverage claim is approved, then your gap insurer will pay your lienholder what is owed under your gap …

If your vehicle is stolen or totaled in an accident and you have loan/lease payoff coverage, we'll pay the difference between your vehicle's value and what you owe on it, up to 25% of your vehicle's value …

What is a salvage title car? If a vehicle has a salvage title, that means it's no longer roadworthy due to suffering extensive damage. Salvage title cars are typically totaled vehicles that have been declared …

To sell a junk car that no longer runs to a junkyard, you'll need your title or proof of ownership to start the process. Even if the car doesn't work, you can take steps to get a better price for your vehicle. Call …

A motorcycle is considered totaled when it needs repairs that exceed its actual cash value. In the world of insurance, a motorcycle in this condition would be considered a "total loss." If your motorcycle is …

The vehicle is then issued a salvage title to warn potential buyers that it's been declared a total loss. Insurers often sell salvage title vehicles to salvage yards or rebuilders. Learn more about what …