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How can I get the insurance company to give me cash for my car?
I have wanted a new car for a while now but just can't afford one. Well, I was in an accident the other day and the damage to my car looks pretty bad. How can I make the insurance company give me cash for my car?
Shannon Martin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“We have all been there, getting tired of our current ride but not able to get a new one yet. Depending on the damage and your
policy coverage
, your insurance company may total your current car. In that case, you will get a check in the mail to put towards a new car. Insurance companies are heavily regulated and have to follow specific guidelines, so unfortunately, there isn’t a way to make sure your car is deemed totaled. That decision is left solely to the adjuster. If you don’t have collision coverage, you will need to pay for any repairs to your car out of pocket.
If you find yourself on the market for another car, try downloading the
Jerry
app. Jerry shops the lowest insurance rates for free with over 50 top insurance providers, including Nationwide and Allstate. The average Jerry driver saves $879 a year on car insurance!Good luck with the payout, and I hope you have a reliable ride soon!”
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- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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