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Does Your Insurance Pay Off Your Loan When Your Car or Truck is Totaled?…

Does Your Insurance Pay Off Your Loan When Your Car or Truck is Totaled?…

by Rollins Insurance | Aug 15, 2021 | Stolen Autos, Totaled Autos

If the insurance company deems your car a “total loss”, you’re still stuck with the terms of your car loan. Collision and comprehension will not cover the cost of replacing your car. Therefore it may not cover all payments you have left on your loan....
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