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Verified Tsikot Member
- Join Date
- Aug 2017
- Posts
- 321
October 29th, 2017 12:57 PM #2
IF the car is declared "total loss", the insurance will negotiate with you; a) replace the car b) pay you cash... Either way there will be "depreciation cost" on you.
If this is mortgaged, the bank will be paid... Not you. Upside is, you don't owe the bank anymore.
Repairing the car is not an option when it is declared total loss.
Read your insurance policy, it's good that you have an insurance.
Whatever happens, be thankful no one got seriously hurt.
Kung walang spare tire, invest on a Inflator kaysa sa sealant. Inflate the flat tire +10 psi than...
Liquid tire sealant