What happens if my car is totaled?

If a car is totaled, it typically means that the cost to repair the vehicle exceeds its actual cash value, or the car is deemed a total loss due to extensive damage from an accident or other incidents. When dealing with a totaled car, the first step is usually to report the incident to the insurance company, such as Mendota Auto Insurance. They will assess the situation and typically conduct an investigation to confirm that the vehicle is indeed totaled. Once the assessment is completed, the insurance company will calculate the actual cash value of the vehicle, considering factors such as its age, mileage, condition before the accident, and any applicable market data. Mendota Insurance, like most insurers, will provide a settlement that reflects this value minus any applicable deductibles. It is important for the policyholder to review their policy to understand the specifics of coverage and how the claim will be handled. For example, during this process, the insured may also consider the potential for covering the cost of a rental vehicle while the settlement is being processed, depending on their policy provisions. Additionally, if the car is under financing, the lender will need to be involved in the claims process. This ensures that any remaining balance on the loan is accounted for in the settlement. It is wise to check the current policy details and claims process directly on the Mendota Insurance website to get the most accurate and updated information regarding this situation.