Is there anything I can do about making payments on a car that was totaled and NOT covered by Insurance ?

Question

My car was totaled by an excluded driver, Ins. Co. won't pay. We are still liable for our monthly car payment, does anyone know anything we can do? Don't want to get bad credit rating, and already talked to 3 lawyers about Ins. Co., Looks like we're screwed!! please help!!

Answer 1

Make the payments and get insurance next time. This is a crummy way to learn a lesson on having good insurance coverage.  sorry you are stuck with this.

Answer 2

That's why you should have insurance...

Some countries have a 'pot' That will cover some of the cost.. Because the previous driver was excluded.. Alternatively, you could take the other driver to court..

Or if you haven't done so already (but you have) Try a different insurance company, register your car, insure it, and THEN report it totalled ;-)

Answer 3

What dopes is suggesting constitutes insurance fraud for which you can go to prison, then you wouldn't have to worry about paying car payments would you.

Plus some insurance companies have to see the vehicle before they insure it (notice I said some companies).

Seriously though unless you commit fraud your ******.

Answer 4

Since you were in violation of your policy and your claim denied because of this, you really don't have any options with regards to your insurance. Have you thought about going after the excluded driver. Does he have coverage on another car that might extend to yours? You might have to sue the driver for the cost of the car.

Good luck

Answer 5

Why didn't you have insurance on this car since its the law

especially when you still owe on the car? I have talked to many people in my business law class, and if you want to

keep up your good credit, then I most say you will have to pay

the piper. I am sorry! Next time don't buy a car without insurance. It is a protection of the unknown hazards!!!!

Answer 6

It happened to me.  If you didn't have full coverage on it and their insurance wont pay, you will just have to make the payments.