Chances are when you purchased the vehicle, you were required to purchase "comprehensive" and "collision" coverages. In the event of a "total loss," with these coverages, your insurance company will pay the vehicle's lien holder its "actual cash value" minus the deductible you chose. "Actual cash value" is the vehicle's value at the time of the loss. This will take its depreciation into consideration. If the value of the vehicle is greater than what is owed for the vehicle, you will get that difference. Since vehicles usually depreciate immediately, there is a good chance the value of the vehicle is less than what is owed for the vehicle. If this is the case, you will be responsible for that difference. (You will want to see if you purchased 'gap' insurance - which covers this resulting 'gap.') Without knowing the variables of how much you have paid and the value of the vehicle, I cannot tell if you will re-coup any of the money you have already invested in the vehicle.