The insurance company of the driver at fault is not required to pay off the entire amount of your car loan. If the amount of your loan is more than what the car is worth, they only are required to pay the fair market value of the car. The fair market value is the reasonable amount of money that a salesperson would sell the car for, and that a buyer would pay for your car. The law states that insurance companies are only responsible for the cost of the fair market value at the time of the collision. Therefore, if your car was worth more when you bought it than it is today, your settlement can fall short of the amount needed to complete repayment of a car loan. To find out how much your car is worth you can do a search online. Local listings in the newspaper or online are other good resources. You can view online appraisal information at Kelley Blue Book, NADA, and Edmunds.