Your insurance company totals your car. But there is a problem: You actually want to keep it. Maybe the damage is mostly cosmetic. Maybe the car still runs well. Maybe you know exactly how it has been maintained and would rather repair it than buy an unfamiliar used car. Or perhaps the insurer has declared a perfectly usable older vehicle a total loss simply because the repair estimate is high relative to the car’s market value. Can you take the insurance settlement and keep the car? Often, yes. This is generally known as owner-retained salvage. But keeping a totaled car More…