When in a car accident that has been declared not your f?

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When in a car accident that has been declared not your fault. Is the cited drivers car insurance liable for anything other than paying off what payments you have left on the totaled car, or are they obligated to compensate on some level? I am asking about Ohio's laws on such a matter. If no other compensation is given than paying off the car I had, is there reasonable cause to obtain a lawyer to possibly recieve some sort of monetary compensation toward the purchase of another vehicle? The cite

Thank you for your question. Assuming your vehicle has been declared a 'total loss,' the cited party's insurance company will pay the lessor of either the value of your vehicle (which takes into depreciation) or the limit of the coverage purchased. If what you owe is equal to or more than the value of your 'totaled' vehicle, all funds from the cited driver's insurance company will go to your 'totaled' vehicle's finance company. If what you owe is less than the value of 'totaled' vehicle, the cited driver's insurance company will finish paying your 'totaled' vehicle's lienholder, and the reminder of the funds will go to you. You may have additional coverages in your auto policy that may apply. Please check with your insurance company. Do not rule out legal help, if it is necessary.

Since your vehicle may have been 'totaled' and you may be in the market for new car insurance, you can shop for affordable auto insurance here.

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This car insurance answer was last updated 1:42 PM Jul-13.

This claims question was asked 4:57 PM Jul-09-2005.

Adam requested this car insurance help from CarInsurance.com experts.

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