0
What are the insurance salvage rights for homeowners contents that has been replaced?
Wiki User
∙ 16y ago
Generally, under most homeowner's insurance policies, when an insurance company pays you for the damaged or destroyed object, they are in effect buying that object from you at its value before the loss. Therefore, the object then belongs to the insurance company, to dispose of as they see fit. Sometimes, if they feel there is any salvage value, they will sell it at auction. If of no percieved value to them, they may allow you to keep it, and usually will sell it back to you at the estimated salvate value. This is usually also true for "totaled" vehicles.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What insurance company will give insurance on a salvage title?
Freeway insurance
Can you insure a vehicle with a salvage title?
Yes and no. Insurance companies, as a general rule, will not provide full coverage insurance for vehicles with salvage titles they will however provide liability only insurance.
You need car insurance to get salvage title?
In Texas you do.
How can you locate RVs totaled by insurance companies to purchase for salvage or retitle as a salvage vehicle?
CONTACT AN CLAIMS AGENT FROM LOCAL INSURANCE COMPANIES, THEY WILL TELL YOU WHICH WRECKER NOW HOLDS TITLE OF THE SALVAGE VEHICLE(S). THEN YOU CAN CALL THE WRECKER DIRECTLY
What insurance companies insure vehicles whit a salvage title?
The following insurance companies are known to insure vehicles with a salvage title: Nationwide Esurance Progressive Allstate State Farm The General GeicoHowever you should always double-check with your insurance provider that they are willing to insure a vehicle with a salvage title before making a purchase.
Can a dealer in Kentucky sell a salvage titled vehicle that hasn't had airbags replaced?
no
How do you find out why a campers title is salvage?
Answer: Salvage titles come from the insurance companies. Once an insurance company "totals" a vehicle, it becomes "salvaged". Take the ID number to your insurance company and have them run it to see if it is "insurable", best & quickest way and its free.
Do you need car insurance for your salvage car in California?
If the car is still going to be driven, then yes it does need insurance.
Do you need insurance for a salvage car?
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.
Do you need to show proof of insurance to register a salvage car?
Yes, of course you do! :)
Can you put insurance on a salvaged title?
most insurance companies will insure a vehicle with a salvage title. As long as it is state certified.
Who decides the disposition of salvage in a property insurance claim?
Generally, salvage right belong to the owner of the property, Once you have been compensated for the loss, the property now belongs to the insurer, so they would have the salvage rights to it.
