Quote Originally Posted by kapitan88 View Post
How do insurance companies dispose total loss cars? pano kaya ang transfer ng registration nun? I saw last night sa expressway yung totaled car ko (Flooding), maayos naman ang settlement ng insurance, I just wonder, may court process siguro para mailipat sa name ng new owners yung car? The car still looks fresh and sparkling btw, sayang din, and happy its back on the road again.
at the right price, there are always ready buyers of such cars, po.
it's one way for the insurers to minimize their loss.

as you legally wrote off your claims to the car over to the insurer, i do not think there is a court process involved.
it's like the trade-in car industry. there are buyers waiting in the sidelines.

my 1.20 pesos' worth.