This is Paul from Florida again. I think my question was misunderstood. I want to know why the insuarance company has to pay the bank instead of me? I understand the insuarance company is only responsible for the value of the vehicle and not the loan amount. It just doesnt seem fair that the bank would get this money instead of me.This will leave me with no vehicle and I will still have a payment on the amount that I was upside down.