When a car is totaled, there are many things that you can do with it, even if the word “totaled” makes you think it is done for. True, you may not want to drive the vehicle anymore, but that does not mean you are out of options. After all, there are plenty of junk yards in Florida willing to take your vehicle. But that is just one of many options before you. These are your top 4 choices: -The option most people take is simply accepting money from the insurance company. When a car is totaled, the insurance company will offer to send you a check for the cash value of the vehicle. However, many people feel that insurance companies offer the lowest possible price for damaged cars.
You can also choose to keep your car and fix it. However, you should know that when a car is “totaled,” that doesn’t necessarily mean it is inoperable. It actually means that the estimated cost of repairs exceeds the estimated value of the vehicle. You can expect to pay all of this and more if you are responsible for the damage to the car and have to pay an insurance deductible. -You can also keep your car without performing repairs, or by simply performing the most essential services. This often means driving a car with cosmetic damage such as a cracked windshield. Many people who choose this option are not offered a replacement vehicle or rental car by their insurance after a serious accident.
You also have the option to sell your totaled vehicle to a salvage yard. Junk yards in Florida purchase vehicles in any condition and will sell their parts on their property. Salvage shoppers can then come claim whatever parts they need. And they will tell you: People buy all kinds of parts, even from totaled vehicles! This may be most financially-savvy option for you, especially because some salvage yards will even tow the vehicle for you so that you are not responsible for transporting it.