I’ve totaled one car in my lifetime. It wasn’t a pleasant experience hearing that I wasn’t going to get back behind the wheel of my beloved red Mustang again. However, after going through it, I learned a little more about totaled cars and how insurance companies handle them. The insurance company buys your totaled vehicle from you and, in some cases, will turn around and sell it to recoup some of their losses (yes, really). Here’s what you need to know about this practice.
