Liability, certainly. Comprehensive and Collision might not be worth what you would need to pay since they would only give you a fraction of the value of the vehicle if you were in another collision and the vehicle were to be written off again.
Asked in Insurance, Auto Insurance
Can you put full coverage insurance on a car with a salvage title car in Georgia?
I know of no insurance company in any U.S. sate that will give you full coverage on a salvaged vehicle. ...
Asked in Vehicle Titles, Car Buying
Can you sell a salvage car with a clean title and telling the buyer its a salvage car?
If it was a salvage car that you rebuilt and now have a clean title for yes, you can sell it as long as you inform the buyer that it was a salvage car. ...
Asked in Vehicle Titles
How can I fight a salvage title determination of a 2005 pu from my insurance company Damage estimated at 23000 I retained the vehicle and repaired it for under 5000 yet they insist it is a salvage?
If you took the money from the insurance company you have agreed to the salvage title and there's nothing you can do about it. Now the car just lost 40% of its value because of the salvage title but I assume you made money on the insurance payout. If you refused the insurance money and fixed the car yourself for $5K the title would have remained clean. Now if you didn't file a claim and they still salvaged the car title...
Asked in Vehicle Titles
What does it mean 'the car is PS title'?
It means that the car was damaged, but was not reported as a salvage title. A PS Title is Pre-Salvage. It is a clean original title on a car that in most cases should have been transferred as a salvage title, but for whatever reason was not. ...
If a car gets donated does title become salvage?
No. The title becomes salvage from the insurance company that gets a car that was involved in an accident, water damaged, fire, etc. If you donate your car, you just sign over the title to the person or charity you are donating it to. make sure you get a copy of the title front and back after you sign it over to prove you donated it so you can prove that you did for insurance and tax purposes. ...
Asked in Cars & Vehicles
What reasons cause a car to have a salvage title?
A salvage title can be caused by a car having been damaged in a previous wreck also if a car has been previously stolen and the owner was already given a replacement before the car was found then the stolen car may receive a salvage title ...
Asked in Vehicle Titles, Car Buying, Car Selling
You bought a used car and when you tried to trade it in they said it has a salvage title six months after you bought the car?
That means that at some point the car was wrecked so severely that the cost to repair it exceeded 75% of the value of the car. The car was therefore totaled and sold to a salvage yard. The salvage yard sold the car to someone who repaired it and sold it with the required salvage title. You should have noticed the salvage title when you bought the car. ...
Asked in Vehicle Titles, Car Buying, Car Selling, Insurance
What does rebuilt salvage title do to value of car?
A rebuilt salvage title is issued when a vehicle has been declared a total loss. When that happens, the original title is "retired", and the salvage may be sold--often by an insurance company that paid the owner and acquired the salvage. As a way of recovering some of what it paid, the salvage will be sold by the insurer. The buyer of it may then repair the vehicle to make it road-worthy. The repaired vehicle is then issued a rebuilt salvage title...
Asked in Ford Explorer XLT
Hi you were in an accident two years ago your car had front end damaged that was fixed professionally by a reputable dealer your vehicle runs and looks like new Is your car still a salvage vehicle?
Once a salvage title is given to a car it remains a salvage or totaled/reconstructed car. It will never legally have a clean title again. This assumes the damage was reported to an insurance company and they totaled/paid out on the car. ...
Asked in Ford Escort GT, Insurance
Can i get insurance and plates with a salvage title?
Yes. Getting insurance and plates with a salvaged title car should not be a problem. It shouldn't affect any of that... the only thing you need to worry about is if the place you got the car from properly fixed all of the problems on the vehicle. ...
Asked in Cars & Vehicles, Vehicle Titles
What happens if you buy a car unaware of salvage title?
what happens if you buy a car unaware of salvage title? well, if it was from a dealer you have recourse. if it's from a private seller, too bad...UNLESS they sold you the car with a clean title when they knew it was salvage. did you look at the title before you bought the car? if it was clearly branded as salvage or totaled you're out of luck but if it was a clean title when it actually wasn't you can...
What is the difference between a Certificate of Destruction and a Salvaged Title?
A Certificate of Destruction is when the a salvage yard has sent a car to the crusher and before it is crushed he must have the Vehicle ID number check to make sure he has title to destroy the car for scrap metal. Salvaged Title is when a Insurance Title company has deemed a car damaged in a accident i.e. crash,natural diaster,stolen stripped, to repair this car exceeds the cost of the car. So the Insurance company pays-off the owner of...