November 20, 2009
insurance on salvages autos? hw much?
dddarwin asked:
i was just wondering if its possible to get insurance if i buy a salvage car from private seller? how much would the rates be? anybody has any idea? is it possible to get comprehensive insurance for a salvage car? well you cant get insured then how can you drive the car around ! doesnt make anysense right!?
Auto Salvage Ga
i was just wondering if its possible to get insurance if i buy a salvage car from private seller? how much would the rates be? anybody has any idea? is it possible to get comprehensive insurance for a salvage car? well you cant get insured then how can you drive the car around ! doesnt make anysense right!?
Auto Salvage Ga
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Comments on insurance on salvages autos? hw much?
8:48 pm
Auto Salvage Ga
You need to check with your insurance company or agent before you by it. Some company's will not insure salvage cars. Also you need to check to see if you can register it. Some states will not register it. Check before you buy so you wont lose your money.
3:38 am
Auto Salvage Ga
i give you a contract no. : 98290369 Mr.lee
anything you call him and ask him?
he is a good service at insurance agent!
i hope i cant help you!
4:57 am
Auto Salvage Ga
Not a lot of insurance companies will even insure salvage titled vehicles. Those that do will NOT give full coverage, collision is impossible to get.
In the event you have a claim with a salvage titled vehicle, the amount of your claim will be reduced as much as 50%.
That's why most avoid a salvage title unless they are strictly looking for parts.
Or, to quote one of the publications I have laying around:
The Bottom Line:
In nearly all cases, a “salvage” title should be avoided when shopping for a used car (dealers, and private parties, should disclose the title information during the negotiation). Even though a significantly discounted vehicle looks attractive at first glance—most consumers just don’t have the resources to overcome the drawbacks such as a lack of warranty, questionable repair quality, or reduced resale values.