- If you’ve purchased a vehicle less than the settlement amount, your insurer must reimburse you for the actual cost
- If you’ve purchased a vehicle costing more than the settlement, your insurer may only pay for your taxes, title, and transfer fees based on the cash settlement
- If you’ve purchased a vehicle after rejecting a replacement vehicle offered by your insurer, your insurer may only reimburse you for the applicable replacement flat tax
Does My Company Owe for Taxes, Title and Transfer Fees?
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