Car Insurance What happens when you total a financed car without insurance? View Carriers Please enter valid zip Compare top carriers in your area By Insure.com's Editor | Updated on May 25, 2023 The page is part of the topic how to keep your totaled car Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Totaling a financed car without insurance can have significant financial and legal consequences. It’s crucial to know the potential outcomes to avoid these traps. Financial and legal implications Out-of-pocket expenses – Without insurance, you’ll be responsible for covering the entire cost of repairs or replacement of the totaled car. Remaining loan balance – If you still owe money on your car loan, you’re still obligated to repay it, even if the car is no longer drivable. Credit impact – Unpaid car loans and associated costs can damage your credit score, affecting your ability to secure loans in the future. Conclusion Totaling a financed car without insurance can lead to financial burdens like paying out-of-pocket for all the repairs and replacement, paying off any remaining loan balance, and impact on the credit score. Prioritize having adequate insurance coverage to protect yourself from these potential problems. In case you missed it Best Car Insurance Companies of 2024 Car insurance rates by state in 2024 What is full coverage car insurance? How much does car insurance cost for seniors in 2024? A complete guide to adding a teenager to your car insurance policy in 2024 What to do after a car accident that’s not your fault Total warfare: What to do when your auto insurer totals your car Car insurance claims: Who gets the claims check? Used car insurance costs: Most and least expensive models to insure The Best Car Insurance for Bad Credit of 2021 The best car insurance companies for speeding tickets Car insurance after a DUI Guide to car insurance discounts Proper insurance coverage for college-bound children How to read actually understand your auto insurance policy Car Insurance Companies New driver insurance grace period: What you need to know How much do insurance agents make Autonomous cars: 5 delightful and 5 distressing things Busted! Part 1: How insurance companies spot bogus claims Insurance options for rideshare drivers 10 things that are illegal but shouldn’t be 1/1 Get instant quotes now ! Please enter valid zip Get Quotes