Dealing with the aftermath of a car accident can be a confusing experience. If insurers have labeled your vehicle totaled, you’ll face some tough decisions. Filing a claim with your insurance agent will open a few possibilities, including selling the vehicle to an auto salvage yard. Before making a decision, familiarize yourself with the options available for your totaled automobile.

What to Do When Your Vehicle Is Totaled

1. Cash Out

Your insurer or the at-fault driver’s insurer will determine your car’s condition based on repair costs and the value of your car. Your car is considered totaled if the cost of repairs is greater than 70% of the vehicle's value. Insurers will pay the value minus the deductible if you choose to cash out. You’ll still be responsible for the money owed on a car loan with this option.

2. Salvage Yard

Auto salvage yards will offer you money for your totaled vehicle, which they then recycle for scrap metal. A reputable scrap yard will assess the damage to make sure it’s appropriate to scrap your car, and then they will tow it away. Your insurance company will likely sell the parts anyway, so try working with a salvage yard on your own for a better deal.  

3. Keep Driving

If your car is drivable, reconsider filing a claim. Cars don’t have to be unusable for the insurance company to consider it totaled, so if the damage is minimal, it may be worth it to repair. This is an ideal option for older cars since your claim may not get you enough money to replace the vehicle. You can also choose to drive if the damage is strictly cosmetic.

If you’re looking for an auto salvage yard to junk your car, call the experts at Rudy’s Towing & Auto Salvage in Philadelphia, PA. Operating as the premier scrap yard from Bucks and Montgomery Counties, their skilled staff is ready to offer cash for junk cars and provide junk car removal. Visit their website for information or call them at (267) 235-9421.