No as long as you do not owe any money on the car and you are not going to drive the vehicle. Before you get into this project you need to be aware that you will not be able to purchase physical damage coverage on the car even when it is rebuilt. You will be able to purchase liability coverage after it passes a safety inspection by your state. At least that's the way it works here. All safety features must be installed just like it came from the factory including all airbags that came on it. The reason for this is that the vehicle is worth far less with a salvage title than a vehicle that has a regular title.
In Texas you do.
You only need insurance if you are going to tag it and drive it. If it is just for parts or scrap, you don't need insurance.
If the car is still going to be driven, then yes it does need insurance.
Yes, of course you do! :)
no
You do need to have insurance to actually purchase an auto. You will however need auto insurance to drive the car off of the lot. Insurance is also required prior to registering a vehicle.
Medications that need prior authorization are those which are not on your insurance's formulary but may be covered if your doctor sends documentation to your insurance company that it is medically necessary. There is no list of "prior authorization medications" that is applicable to everyone. It is specific to your insurance plan (not just company....there are many different plans; it depends on what you or your employer picked). You can find out what medications require prior authorization by contacting your insurance company or logging onto your account on their website.
You cannot. Once branded salvage or totaled, the title remains as such. There are illegal ways to convert a branded title (called title washing) but no legal way. Sorry! It depends on what you are really asking with your question. It is true that once the brand is on the vehicle that it was salvaged it will remain on the vehicle forever. But if you mean converting from a salvage title to a salvage rebuilt title which looks like a "clean title" but still has the brand on it that is different. If you live in Texas you will need a rebuilt affidavit completed by the owner and the person who made the repairs, you will need the title completed by the new owner and the salvage dealer or insurance company that sold them the vehicle, you will also need the form 130u which is on the txdot website completed by the dealer or insurance company and the new owner, and the new owners insurance. Please call me if you need help 2815363857 or email me at tishafranks@AOL.com
Usually not, collision and comprehensive only pay based on pre-accident value of the car, which for a salvage is very little if anything. You will need liability and it might be useful to have uninsured motorist.
Because insurance laws and costs vary state to state, you should call your agent.
Yes and no. You can do anything...but there may be consequences. If you already have an auto insurance policy, most company(and you need to check) will provide coverage on a new car for a number of days before you need to notify them. If you do not, then you will need to secure coverage prior to picking up your car. In state where there are mandatory insurance or if you are financing the purchase, the dealership will verify the coverage prior to releasing the car to you.
One more thing, a large majority of insurance companies (including the one I work for) distribute their salvage thru the INSURANCE AUTO AUCTION. They have a web site, perhaps you could get some valueable information there....Again good luck, let me know if I can help anymore. == == The companies I work/worked for (and any others I know about), the 'buy back' is the salvage bid or price or lower, never higher. If the totaling company is wanting to charge you more than the salvage price or bid for your buy back, you need to file a complaint immediately with your states dept of insurance. What could be the possible reasoning behind charging you more to retain the salvage than they will knowingly get (generally per prior agreement)? I would be very interested in knowing what the difference is between the salvage bid and what they are offering you as a buy back. I'm fairly confident I could be of more help to you with more information.