Car finance and insurance claim

[HurdyGurdy19]

This probably won't be an issue, but something I don't know the answer to.

My son had an accident recently, when another car went into the side of him. Not t-boned, but it has damaged the drivers side of his car. Definitely the other driver's fault - they were in a lane clearly marked at straight ahead only, and tried to take the first exit off the roundabout, where my son was. My son's lane was marked straight ahead and left.

He currently has a hire car while his is repaired.

But what happens if the insurance company decides to write his car off? He has it on finance, so how would it work? Would he be given a sum of money and if that didn't cover the outstanding finance, he'd have to claim against the other driver? Or does he just get lumbered with paying off finance on a car he no longer owns?

I've never been in this situation, so I've no idea how it works.

the insurance claim is already against the other driver of they are fault and the amount paid, is based on what the car is deemed worth.

Normally when taking out car finance there is an option for gap insurance. This means that in the event of incident such as those the difference between the sum paid by insurance company and the balance outstanding will be covered, so there is no further balance to be paid.

If your son didn't take this out, then he will be liable for the remainder of the balance.

Ahh, right, Thank you. Yes, he does have gap insurance, so that'll put his mind at rest