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Here are a few links that discuss salvage vehicle deals: * http://www.ohiolemonlaw.com/state-farm-salvage.shtml * http://www.vehicleinfo.com/articles.php?id=26

I've always been lucky and they've cashed me out for about the same price I paid for the car when it's been totaled. To make sure you're getting a good cash out, check kbb.com and nada.com to get a general idea of the car's value but, depending on where you live, the car might be worth more if it's in demand, so check the local classifieds, too. If you have a branded car that was again totaled you will get roughly 60% of the actual cash value of a comparable clean titled car. This is a rough estimate.

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Q: How did your insurancce company handle a claim totaling a car with a salvage or branded title?
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Related questions

How do you know a title is salvage or branded?

It will be printed on the front of the title.


Which company does motorcycle salvage?

Companies that do Motorcycle salvage are known as 'Salvage' companies. They will salvage parts to sell and /or rebuild cycles for customers for profit.


How do i convert salvage title to clean title?

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


How do i get a clean title from a salvage title?

Once a salvage title always a salvage title. You may get totaled/reconstructed or some other wording but the car will never be clean again, it will remain branded and it is illegal to do otherwise.To remove the 'salvage' on the title would defraud the next buyer. It would be unethical and probably illegal.


Find information on 22 caliber salvage model 3b?

No company by the name of Salvage known to me.


I had my salvage title vehicle inspected by Ohio highway patrol but it still has a salvage title how do i get a clear title?

Once a vehicle has an Ohio Salvage title assigned, the history remains with that VIN until the vehicle is scrapped. The Registrar in your county will issue a Repaired Salvage , or "branded" Title that you can get your license plates with. You cannot obtain a Clear title for this car.


Can you get full coverage in a salvage car?

Yes you can. To add to the answer yes you can, it comes with a caveat. A vehicle with a branded title is worth 35% less than that of a non-branded title as it relates to fair market value. So, if you have a comprehensive or collision claim, it must be realized that the car does not have the same value as a vehicle with without a branded title. These vehicles are more apt to go total in the event of the claim. The insurance company only has to make you whole and not better you.


Is it illegal to sell a car with a salvage title?

Nope, but full disclosure is a must! The title should be branded so the buyer will know anyway.


What insurance company will give insurance on a salvage title?

Freeway insurance


My car is financed but is beyond repair an I need to know if I c an I sell it to a salvage company?

If your car is financed you cannot sell it to a salvage company. Even if the car is beyond repair it does not technically belong to you until you have finished paying for it. Once you pay the finance company off you can sell it to anyone you please. The salvage company won't or shouldn't purchase that vehicle without a clean title.


Will a company buy materials and furnishings from your house before it is torn down?

Possibly. Try a salvage company.


What happens after my car is deemed totaled?

The insurance company will determine the acv (actual cash value) of your vehicle in pre loss condition. They will tell you this amount and if you disagree you will need to explain why, they likewise will need to explain how they arrived at this amount. Once that is done, you will need to decide if you want to retain the salvage or allow the insurance company to obtain the salvage. If you decided to keep it, it will become a salvage or branded title (making it worth less generally), and they will deduct the 'salvage amount' from your settlement. The company will then pay you, or you and your lien holder, less any deductible. They will also owe you (dependent upon the state laws), some sort of sales tax rebate, actual dollar amount, or an sales tax credit, as well as title or licensing fees. If you have a particular question please ask and I'll see if I can be of more assistance to you.