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The insurance company of the person who caused the accident is responsible for reasonable towing and storage costs. If the vehicle is declared a total loss, the insurance company will pay to have it moved to a salvage or wrecking […]
GAP insurance has nothing to do with your auto insurance policy. It is usually purchased from the company financing your vehicle. If you owe more money than the fair market value of your car, your GAP insurance pays that GAP […]
The big question here is how much do you owe? For example, if the Fair Market Value of your car is $10,000 and you owe $8,000, your lien holder will receive $8000 and you will receive the equity in the […]
