the insurance co wants me to send them the title so they can pay, but if i do is a scrap certificate legal to drive
2007-09-12 03:59:16 · 3 answers · asked by qu32 1 in Cars & Transportation ➔ Insurance & Registration
I am not sure it will be a scrap title but, maybe a salvaged title. You can legally drive a car on a salvaged title but, you will have hell of a time selling it. Most people want a clean title. But, it doesn't sound like your are interested in selling. It sounds like you need it to get around. Just make sure the car is safe to drive though. Being drivable and being a safe ride are two different things. What will happen if you turn your title over to the insurance company is that they will give you a check for what the car is worth. If you want the car back then you will have to buy it back from the insurance company. Now depending on how old the car is will determine when you can do so. If the car is less than three years old then you will have to wait 9 months before you can by the car back. I don't know why but, it is a law. If the car is older than that then you can buy it back but, they might not let you if they deem the car undrivable or not safe to drive. Your best bet is not to turn the title over to the insurance company but, that means you will not get any of the insurance money. Basically, they are giving you money in exchange for ownship of the car. With ownship of the car the insurance company will part your car out. Meaning they will sell all the good pieces off the car or they will take parts off of your car to use for someone elses car. All in all if you want to keep the car then don't give them the title but, then don't expect any insurance money either. You can't have the car and the insurance money. What is in it for the insurance company then?? OK, I hope this helps and take care and be safe.
2007-09-12 04:15:03 · answer #1 · answered by MightyRighty 3 · 0⤊ 0⤋
The proposal of having coverage after in point of fact effortlessly to provoke the pass judgement on. That's all it's going to do. If you are certainly not going to force the automobile once more, you would wish to exhibit them you will have bought coverage in your new automobile rather. At least that method it does not rate you whatever. As a long way because the pawn keep is going, everyone else has given you well recommendation. I anticipate the pawn keep would require you to pay again what you owe them, and that you simply violated your contract with them whilst you canceled your coverage. Whatever the case, you must continually pay again what you borrow. If you do not you can finally end up a loser for the relaxation of your existence, and you can in most cases reside an extended very long time. The well information is wrecked autos are valued at plenty of cash. You'll be amazed whilst you begin seeking to eliminate it.
2016-09-05 11:23:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋
we call it a salvaged vehicle in california. i work for a large cab company and when one of the cabs get wrecked totaled some of the drivers buy them for personal use. my answer is yes
2007-09-12 04:06:36 · answer #3 · answered by frankm1412@yahoo.com 4 · 0⤊ 1⤋