who will get the money? got confused!

I bought the new car for 20K by 50% of downpayment and 50% of loan.
In case of any accident, the insurance company may pay 19K for the loss.
How will the insurance company divide the 19K? As the loss payee is the bank on the policy, I got really confused.
Thanks.

所有跟帖： 

• insurance company only pays you. You are the police holder. -sqgs- ♂ (0 bytes) () 07/21/2006 postreply 10:41:22

• policy holder. -sqgs- ♂ (0 bytes) () 07/21/2006 postreply 10:43:35

• It is not something you need to worry now. -BigV8- ♂ (52 bytes) () 07/21/2006 postreply 14:07:21