Car Total Loss after Accident

samirshk88

Member

Member since 22 April 2017

samirshk88

22 April 2017 18:21:39

samirshk88

22 April 2017 18:21:39

Hello,
My car was declared total loss after the accident by Malath Insurance. I took the car on lease from Arab National Bank the remaining were 7 Installments. Insurance said they will send the cheque to the bank and bank will settle the amount with the customer (me)

I got some queries;
So shall I continue paying my installments ?
Can someone please help me the what payment I will receive from Bank?

Appreciating any help and suggestions

samirshk88

Member

Member since 22 April 2017

samirshk88

28 April 2017 14:51:48

samirshk88

28 April 2017 14:51:48

Anyone?

sayub76

Member

Member since 02 May 2013

Riyadh

sayub76

29 October 2017 11:00:20

sayub76

29 October 2017 11:00:20

Riyadh

Hi,

I have a car accident with total loss and they told me that insurance will pay the value of the car before the accident and I have to finish the remaining installments.

Can you update us what happened in your case, how much you got?

Thanks

Martin Fin

Serial expat

Member since 24 March 2012

Riyadh, Ar Riyad

Martin Fin

29 October 2017 17:02:16

337

Martin Fin

29 October 2017 17:02:16

337

Riyadh, Ar Riyad

Continue to make your payments.
The bank will credit your account and if any balance is leftover they will put in your account. If there is still money owing you will need to pay the remaining owing.

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