What Happens When Insurance Totals Vehicle. They pay you the car's actual cash value, minus any. If your insurance provider determines your car is totaled, you are offered the actual cash value of your insured vehicle.
When this happens, insurance companies may declare the car a total loss,. This means your insurance provider will pay you the. Jan 10, 2021 — if your insurance company says your car is a total loss (aka totaled), it means the cost.