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Rear ended and car is a total loss | Will the cover the loan balance?

I was hit from behind and car was total loss by my insurance company.

Will the persons insurance that hit pay the difference in my loan it was not all covered by my company?


That is too bad.

The insurance company will only pay the fair market value, independent of what you owe on your loan.

Please see:

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I hope this helps,

Good Luck

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