Liability as the absolute minimum.
You will need to go to your local DMV or county courthouse to apply for a lost title to receive a new car title.
In my state you only need to have Liability insurance the get a title and register the vehicle. If, however you have a loan on the car the lender will require you to have full coverage.
It take about 2 weeks to get the title of the car
On every auto application, there is a question will ask: "Does the vehicle have a salvaged or branded title?" If this is the case, you will not be able to put full coverage, (comprehensive and collision coverage) on the vehicle. Sometime you can get special exceptions from your insurance carrier to get the full coverage put on if all damage was repaired. It is much harder to get full coverage on a salvaged title vehicle.
Yes, there must be an insureable interest! Registered owner is always responsible
If the vehicle is in the body shop for a covered claim your rental coverage will then be used.
I know of no insurance company in any U.S. sate that will give you full coverage on a salvaged vehicle.
You may not need collision coverage but you should consider comprehensive coverage which covers theft, vandalism etc.
Full coverage requirements have nothing to do with the age of the car. If you still make payments on the car then you still have to have full coverage. If you own the car outright, then you do not have to have it.
all you need to sell your car is your car title
If the car still has some value them you may want to. If it is 2000 dollars a year for the coverage and it is a 2000 dollar car, then you may not need to.
You can sell a car with no title but the consumer cannot register it without a title.