Answerno.I have a car that is financed through a bank. I recently found out that it has a salvaged title and I am having problems with getting full coverage insurance. the bank along with me didn't know it was a salvaged title at the time so what can I do.
a salvaged title on the car basically means the insurance company calimed the car as a total lost. either due to a major accident or theft. clear title means the opposite, the car has no problems on its history.
Yes, any condition that caused the car to be totaled by an insurance company could cause it to have a salvaged title. A good hailstorm can do thousands of dollars of cosmetic damage resulting in a salvaged title.
Car has been damaged and rebuilt.
YES!!!!!!!!!
1500
No
Yes you can. Check with your motor vehicle department in your state. In most states, you will have to repair the damage, get the car inspected and pass inspection before they will issue a salvage title. This process will take several months.
Yes I can help you with that 832 683-1443
A salvage title car will bring far less that one without a salvage title. Deduct about 20% from the retail value.
No, you cannot get a tag or register a car without the title and proof of ownership. This document is required throughout the U.S.
It depends on many aspects, however since it already has a salvaged total it will be significantly lessened than if it didn't already have a salvaged title. Your insurance company should be able to give you specifics as to why they are offering what they do.