If your vehicle gets totaled, what do they then do with the vehicle? I live in  Arkansas. Im going to need a new car and cheap auto insurance for it.

Brad

Jonesboro, AR

When a vehicle is found to be a total loss and the insurance provider takes possession of the car normally they sell it to a junkyard for scrap, sell it for parts, or if it can be repaired sell it at an auction as a salvage car.

The monies the insurance provider receives for the car help offset the cost of the claim they paid out for the car being declared a total loss.

Insurance providers guidelines will dictate what your insurance carrier would do with a totaled vehicle. You can contact the insurance regulatory body for state law information and your car insurance carrier’s agent in in Jonesboro, Arkansas for data on their internal guidelines.
One of the best ways to lower your annual premiums is to have a higher deductible amount.. Like a $1,000, is what I carry personally.

Now, if you are a claim free and safe driver like I am, you could be saving a ton of money each year on your premiums.  People fail to realize that the deductible amount is only paid when they file a claim and their insurance company pays that claim.

Ask for discounts, you never know what you might be able to get and how much you can save by asking.  Some popular discounts can be given for:

1. Military personnel

2. Good grade students

3. Union membership and bank member affiliations

4. Safe drivers with no claims in last 7 years

5. Defensive driving school attendance

6. Clean credit history – used by many carriers to determine payment risk