Heya, dumb question time...
Say, you're still making payments on a vehicle, and owe roughly the same as book value, mebbe a tiny bit more, and you get in an accident that totals the vehicle...
Does the insurance only pay off the vehicle, or do they pay you, so you can give the money to the financing company, or what?

 

I believe they pay the finance company, dude! I can ask my friend who works for State Farm, if you want. But I think I'm right on this one. But then again, what do I know??

 

Ok this is only some what related but I will share. I bought my self a 98 Stratus ES (With the DSM V6) For my birthday a couple of years ago. Long story short I took a 90 degree turn at 80, spun out, hit an island, flew a couple feet in the air,and landed on the Nose/Front Cross member (After my alloy rims shattered). To get to the point the insurance company paid the bank but I owed more than the insurance paid so I got stuck with no car and $2500 bill from the bank

 

Hehe, well, Connecticut is a fault state, and I'm talking about someone ELSE totalling my car, like rear-ending me kinda thing.