CT DMV Form B387. Affidavit of payment for totaled motor vehicle
Form B387 - Affidavit of Payment for Totaled Motor Vehicle serves as a declaration by vehicle owners who have received a settlement for a totaled vehicle. This form is used to confirm that the insurance company has provided compensation for the totaled vehicle.
Form Structure
This form involves the vehicle owner as the primary party and the Connecticut DMV as the secondary party. It's structured with sections for personal information, details of the totaled vehicle, information about the insurance settlement, and a signature section.
How to Fill Out and Submit the Form
The vehicle owner needs to provide accurate personal information, describe the totaled vehicle (including make, model, and VIN), provide information about the insurance settlement, and sign the form. The completed form is submitted to the Connecticut DMV to confirm the payment for the totaled vehicle.
Consider a scenario where a vehicle owner's car has been deemed a total loss due to an accident, and they have received a settlement from the insurance company. By submitting Form B387, they can affirm that they have been compensated for the totaled vehicle.
While completing the form, remember to accurately provide the details of the insurance settlement and the totaled vehicle. Depending on the DMV's requirements, additional documentation related to the insurance settlement may be needed. An alternative form might be a standard vehicle registration application, but Form B387 specifically addresses confirming the payment for a totaled vehicle.