It is not uncommon for those who are in an accident with a financed vehicle to be offered less then they owe on a totaled car. Unfortunately, you will be on the hook for the balance left on the vehicle, even if you can no longer drive it. This is why GAP insurance is often beneficial when financing a car. This type of insurance is designed to cover the difference between how much you owe and what the insurance carrier is willing to pay. Auto insurance carriers are never going to pay more than the value of the vehicle. If you have GAP insurance, our office can help with that claim.