Insure.com editor Amy Danise clued me in to a little-known insurance benefit: if your insurer declares your car a total loss after an accident, you may be entitled to be reimbursed for sales tax, license and/or registration fees when you buy a replacement.
Thirty-two states require insurers to pay the sales tax when you buy a replacement vehicle (for a list, CLICK HERE). Some require insurers to pay for title and registration fees, as well. Even in states that don’t require such payouts, some insurers will cover these costs.
But you may have to ask to get the benefit, Danise said.
“Consumers should always ask their insurers for reimbursement of sales tax, title and registration fees when they buy a replacement car,” Danise said. “Even in states that don’t require it, policyholders could receive the reimbursement, depending on the company.”
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