When a total loss car accident occurs, the owner is subject to fees, such as the vehicle’s sales tax and title transfer fees. The day of the accident is when the vehicle’s fair market value is assessed. The insurer assesses damages to the car to determine the amount of reimbursement.
Under their own contracts, insurance companies are obligated to cover the costs of all fees associated with the total loss car accident. But in an effort to pay out less money on a claim, many insurers simply cover the cost of the car rather than including all related fees.