Question:
I brought a car that previously has a salvage/rebuilt title on it but it currently has a clean title in the state I currently reside. Will my insurance company look at the current title or the entire record of the car?My guess would be the entire record but I just want to make sure.
Can i put my car under my dad's name to have cheaper insurance?
Thanks,
-Chris
Answers:
What do I have to know to get my driving licence?
If you had a salvage/rebuilt title it will always be branded with previously salvaged. You can't go from a salvage title to a regular title, unless the DMV forgot to code it in their computer, this really does happen when a vehicle is coming from a different state and the DMV clerk forgets to put in the code for it. I know this because I used to be a DMV clerk in Nebraska!If your title does not show prev salvaged or with any thing else showing it is salvage, I would suggest going to the DMV and have them verify it. That is a major deal! For resale, getting a loan(because they can't loan out the full amount because of it's condition). You really need to look at your title, if you can't find anything on it that says something about salvage take it back to the DMV asap, they need to fix it, it should not cost you anything considering it was their fault!
If I get three points for speeding do I have to tell my insurance company?
Would you like to buy a vehicle thinking it has never been wrecked? Do the right thing
If I have my auto insurance pay to repair a broken glass panel, will this make my premiums go up?
Yes, they will likely already know that it had a salvage title in the past. I would imagine that insurance companies use CarFax or a similar service.Driving a car 3000 miles away from where its registered?
I don't know what your Insurance company will do, but when they see a clean title, but find out it was a salvage title, your coverage may go nuttsCar accident with uninsured driver?
no way are you getting away with it. All they do is put your vin number into a computer system and the entire history of your vehicle shows up. good try though. Expect to get about 50% less than actual cash value of your same vehicle if it had a clean title. I hope you payed 50% less when you purchased it..What does a comprehensive claim mean?
It would be based on the current title on record,they each have a number and a sequence of letters/numbers indicating time/where/when the title was secured. If all documents used for that title were properly processed,then there should be no arguement,however,if there were errors,receipts not used to establish a value,or the treasury dept for your state didn't give a fair market value,then the insurance company will stall and delay payment. In order to receive more than fair market value for your vehicle,you would need to supply records indicating the improvements made,such as tires/rims/stereos/speakers. You can have all that in there,if you don't have the receipts,the insurnace adjuster has alot of leaway.A full history will be run on the VIN...it will come back as a salvaged vehicle. Your payout will be less.
What are the documents required for a new car registration?
There is no problem with a prev. salvaged vehicle. I worked for the dmv, and that could mean a really banged up car that has been rebuilt, or it could be a car that had some minor damage, and the insurance company wanted to total it out. It will be forever branded a rebuilt salvage.I've just bought a car and am going to drive it home. Can I get done for driving without insurance?
My insurance agent has never asked to see the title or even the vehicle, but mine are not rebuilt salvage.
When the car is a prev. salvage, it means it has been inspected by a highway patrol or other licensed agency, and deemed roadworthy.
A "clean title" has nothing to do with it being salvaged.it just means that there are no lienholders (loan companies/banks/debtors) listed on the title.
Car insurance that pays for your injuries when you're in an accident in your car is?
I had many clients in the dmv who absolutely loved buying rebuilt salvage vehicles, and had no problems.
How much do you think my car insurance will go up?
Don't worry too much about it.
More Questions & Answers ...
This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.