Tag: total loss claims
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Gap Insurance Arizona: Covering What Your Total Loss Payout Doesn’t
Gap insurance in Arizona solves a specific, painful problem. Your car gets totaled, your insurance company cuts you a check for what the car was worth, and it turns out you still owe the bank more than that check covers. Without gap coverage, that leftover balance doesn’t go away just because the car is gone.…
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Total Loss vs Repairable: How Arizona Insurers Decide, and What You’re Owed
A total loss claim in Arizona follows a formula, not a fixed percentage: repair cost plus salvage value against actual cash value. How the math works.