What does it mean when a car is “totaled”?

A determination by your insurance company that you car is totaled means that the repair estimate exceeds the car's value. The company will likely send you a check for the car's value and then keep your car, unless you come to an agreement to buy it back "as is."

Bruce Matthews

C. Bruce Matthews, CWM®, CTEP®
Founder Of Truoptions

With over 25 years of
experience in aiding North
Carolinians, Bruce Matthews
is the choice as a
knowledgeable partner
to help you understand
your insurance and
financial options.