2007-07-25 07:04:54 · 4 answers · asked by Searcher41 1 in Cars & Transportation ➔ Insurance & Registration
SALVAGE TITLE.......IT WILL NOT BE WORTH MUCH AND I DO UNDERSTAND THAT YOU FIXED IT PERFECTLY BUT IT IS SALVAGED.
ALSO IF YOU DECIDE TO EVERY SELL THIS VEHICLE YOU WILL HAVE TO DISCLOSE THIS BEFORE THE SALE OR YOU WILL BE IN COURT AND IN SOME STATES THE BUYER CAN COLLECT UP TO THREE TIMES OF THE SELLING PRICE AS WELL AS ANY MONIES THAT THEY MIGHT HAVE PUT INTO REPAIRS WHILE THEY OWNED IT.
2007-07-29 03:02:39 · answer #1 · answered by Anonymous · 5⤊ 0⤋
With a salvage title you probably can only get liability insurance. You'll have to negotiate anything else with your insurance company but don't expect much. They might do a "stated value" rider at 50% of the book value if you get lucky.
2007-07-25 07:09:59 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 1⤋
The "Blue-Book" value is the most the insurance company will cover.
2007-07-25 07:12:47 · answer #3 · answered by AviationMetalSmith 5 · 0⤊ 2⤋
If you have a salvage title you will not be able to have insurance.
2007-07-25 07:08:09 · answer #4 · answered by corryglory 4 · 0⤊ 3⤋