If your car is totaled, it helps to know what to expect and what to do next. If your insurance company declares your car a total loss, it typically means the cost to fix it is more than what the car is worth. With most lenders, you'll owe the remainder of your loan at this point. Your insurance should cover your car's actual cash value, which may be higher or lower than what you owe. If you have GAP products designed to account for all or part of the difference, this is where they could come into play. Learn more at Capital One's Auto Learning Center.
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30 second
landscape
low
White,Green,Black,Bright_Green
shows an image of a man standing near a car with a tree
emergency, accident, accident, rescue, injury
1
creative
ax, bundle, car, damage, debris, green, illustration, load, man, shovel, stand, tree, white
neutral
Low
Dark_Green,Light_Blue,Emerald,Cyan,Black,Light_Blue,Gray
shows a car sitting on a car ride that is crashing down
accident, broken, injury, emergency
2
accident, car, crash, damage, debris, destruction, exit, floor, illustration, overpass, vehicle, white
FIX', 'SCRAP'
cool
Low
Turquoise,Dark_Green,Cyan,Light_Blue,Dark_Green,Light_Blue,Emerald,Royal_Blue
shows a black and white picture of a spinning sign that has a car parked outside it
good, loss
3
building, car
LOAN', 'OWE', 'LOAN', 'BALANCE', 'DUE', 'THE'
cool
Low
Dark_Green,Light_Blue,Cyan,Black,Gold,Light_Blue
shows an animated car simulator is being played on an iphone
danger, broken
4
aerial
car, drive, overpass, parking, road, urban, vehicle
cool
Low
Dark_Green,Light_Blue,Emerald,Royal_Blue,Dark_Green,Royal_Blue,Light_Blue,Gray
shows the game shows cars on the road above a bridge
danger, emergency, damaged
5
car, game, parking, parking garage, screenshot, video game
CASHVALUE', 'LOWER'
cool
White,Dark_Blue,Silver,Gray,White
shows a cartoon man standing with his hand in his pocket
boredom, casual, dishonesty,
6
minimalist
blue, catch, smartphone, hand, man, phone, pole, shirt, stand
This video is for educational purposes only and is not intended to be financial advice
neutral
Low
My Car Was Just Totaled. What do I do? | Capital One