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[quote=Anonymous][quote=Anonymous]Both.

Usually car insurance companies will offer you two options moving forward.

A.) They will offer you an amount of $$ for replacing your vehicle (which you can always negotiate too.)
You must relinquish your totaled car to them w/pink slip.

Or:

B.) They may offer you less money but allow you to hold on to your vehicle but it would have to likely be a salvaged title.[/quote]

This is pretty much correct. We had this exact experience. Our car was deemed a total loss yet it was drivable. (Older car damaged on the body where repairs were too expensive). We held onto our car for a few months to buy us some time to find replacement. The only quibble is that the title doesn’t change to ‘salvage’ but the ‘total loss’ does go on cars record. When we finally sold our car, our title was clean yet it was on record as total loss. (FWIW we sold car to one of those online places. We were honest with them and the damage was apparent. They did see ‘total loss’ on cars record.)[/quote]

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