Who is entitled to your van if it was totaled in an accident that was the fault the other driver?

Answer

If you accept the settlement from the insurance company, the van is theirs. If you want to keep it, they will let you, but will reduce the settlement check by the salvage value of the vehicle.

Answer

Not true. Illinois law to deter chop shops states if the vechicle is totalled, the insurance compnay takes possession after issueing a check for the value. Vehicle has to be 9 or less years old.

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