Can I get sued for toay off a loan if the payoff of a vehicle doesn't cover the loan
My son hit another vehicle. There was no personal injury. My insurance company is totalling the other vehicle and the owner is threatening to sue me for the difference he will owe on his loan after payoff.
Am I responsible for paying the difference?
You are responsible for the fair market value of the vehicle. That is what the insurance company is supposed to pay. If there is a difference between that and the amount of the loan, then that is not your fault.
The insurance company must provide you with an attorney if this goes to court.
If you go to small claims court, then if you lose, then insurance company may be bound by the judgment.
Contact the insurance company and seek their advice.