If you’ve been involved in a car accident in Billings, Montana, you may have heard the term “total loss” or “totaled” thrown around. This can be a confusing and overwhelming term, especially if you’ve never been in an accident before.
When a car is deemed “totaled,” it means that the cost to repair the vehicle exceeds its current market value. Essentially, your car is considered a total loss because it’s not financially feasible to repair it.
This can be a difficult situation to navigate, but it’s important to understand what your options are. Your insurance company will likely offer you a settlement based on the value of your car before the accident. This settlement will take into account the age, mileage, and condition of your vehicle, among other factors.
If you still owe money on your car loan, the settlement may not be enough to cover what you owe. In this case, you may be responsible for paying the difference between the settlement and the amount you owe on your loan.
It’s important to remember that if your car is deemed a total loss, you should not continue to drive it. Not only is it unsafe, but it’s also illegal in Montana to drive a car that has been deemed a total loss.
As a chiropractor, I want to remind you to prioritize your health and safety above all else. Even if your car was totaled, you can still seek medical treatment for any injuries you may have sustained in the accident. Don’t hesitate to seek chiropractic care if you’re experiencing pain or discomfort. Our team is here to help you on your road to recovery.
