Legal Question in Insurance Law in Pennsylvania

My car has been declaired a total loss by the insurance company. I still owe a small amount on the loan. The insurance company is being difficult about the settlement.

Would it be better for me to pay off the loan right away, so I hold the title (vs the bank "owning" the car) or would that just complicate things? Im worried the insurance comany will just go to the lender to settle.

Thanks!


Asked on 5/21/11, 11:02 am

1 Answer from Attorneys

Richard Senker Senker Law Office

Easiest to settle w/ insurance company. They'll write a check made payable to you and the lender. You'll sign the check, send to lender, and pay the balance to lender.

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Answered on 5/21/11, 12:07 pm


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