My brother totaled his car… Smashed it into a stonewall during snowstorm in single car accident. Has full collision insurance. Insurance is offering $14840 and he owes $16700. If he settles for 14840, who does insurance company send the money to, him or the lender? If he gets it, he’ll just go buy another car for about 14000 and continue paying the original 16700 loan. …

Question About Totaled Car Hi all. I live in NJ. A car went through a red light and left turned into me last night. I have it all on dash cam and the officer said this is cut and dry the other persons fault. The repair shop my car is at right now said it’s probably totaled. Would I get what my car would be worth if I sold it? Or the amount I would get if I purchased it f…

Totaled my car, what should I do? On May 16th I totaled my 2016 Volkswagen Jetta, going over railroad tracks. Luckily I didn’t hit anyone or another car or thing. At the time, my car insurance was $300 a month and my payment was $305. My insurance was already high because I had an accident in 2021. The car didn’t look physically damaged, so it took my insurance a long time to te…

You Totaled Your Car. What Are You Replacing It With? It’s a scary thought but at some point most of us will have to replace our cars. Whether it’s because of an accident that results in total loss or a catastrophic breakdown, we’ll have to replace a beloved daily with a new one. In that case, what model would you replace your current car with? Read more…