Total Loss Auto Claims with Your Insurance Company: "Payment of Sales Tax
If within 30 days of a cash settlement, you can prove that you have bought or leased another vehicle, the company must pay the applicable sales tax, transfer and title fees in an amount equivalent to the value of the total loss vehicle. If you purchase a vehicle with a market value less than the amount previously settled upon, the company must pay you only the amount of sales tax that you actually incurred and include transfer and title fees. Your insurance company must give you written notice of this procedure."
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