Will the vehicle be taken away by the insurance company if it is declared a total loss?
2 Answers
If a vehicle is declared a total loss, it will be taken away by the insurance company. Vehicles involved in traffic accidents: For vehicles damaged in traffic accidents, the insurance company will adhere to the principle of "repair first." If the vehicle does not meet the criteria for being scrapped, the insurance company will compensate according to the terms stipulated in the contract, and the compensation amount will be used for vehicle repairs. Vehicle damage meeting scrapping criteria: If the vehicle damage meets the scrapping criteria, meaning the estimated repair costs are equal to or exceed the actual value of the vehicle, the insurance company will proceed with the total loss insurance claim.
After my car was declared a total loss last time, the insurance company did tow it away, and the whole process was quite fast. They first sign an agreement with you to confirm the compensation amount, then arrange for a towing company to come and pick up the car directly. At that time, I made sure to clear out all my personal belongings from the car, even removing the dashcam. After the insurance company takes back the car, they usually send it to an auction yard to handle the salvage value; repair shops or parts dealers might buy it for dismantling. Remember to keep the handover receipt and confirm details like the actual mileage of the vehicle to avoid disputes later. After receiving the compensation, you can start considering a new car—there’s really no use keeping the old one anyway.
