Will Insurance Total My Car for Blown Engine?
A blown engine is a serious problem that can leave you stranded on the side of the road. If your car has a blown engine, you’re probably wondering whether your insurance will cover the cost of repairs or if it will total your car.
Factors That Determine if Your Car Will Be Totaled
There are a number of factors that insurance companies consider when determining whether to total a car. These factors include:
- The age of the car
- The mileage on the car
- The condition of the car
- The cost of repairs
- The value of the car
In general, insurance companies are more likely to total a car if it is older, has a lot of miles, or is in poor condition. They are also more likely to total a car if the cost of repairs is high relative to the value of the car.
What to Expect if Your Car Is Totaled
If your car is totaled, your insurance company will pay you the actual cash value (ACV) of the car. The ACV is the amount that your car was worth before it was damaged. You will also be responsible for paying any deductible that you have on your policy.
If you owe more money on your car loan than the ACV, you will have to pay the difference out of pocket. You may also be able to get a gap insurance policy, which will cover the difference between the ACV and the amount you owe on your loan.
How to Avoid Getting Your Car Totaled
There are a few things you can do to avoid getting your car totaled. These include:
- Keep your car in good condition.
- Get regular maintenance and repairs.
- Avoid driving in hazardous conditions.
- Have a high deductible on your insurance policy.
By following these tips, you can help to reduce the chances of getting your car totaled.
Conclusion
If your car has a blown engine, it is important to contact your insurance company as soon as possible. They will be able to assess the damage and determine whether your car will be totaled. If your car is totaled, you will be paid the ACV of the car minus any deductible that you have on your policy.
