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Old May 21, 2025 | 11:57 AM
  #41  
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Originally Posted by aklim
You know this, how? I think I know someone who might be wanting to do this. So what's the insurance like? Assuming they'll insure it? Higher, lower (since it is worth less than a non salvage car) or the same? Who will insure it?
My apologies but I can not answer who will insure it... I have never owned a rebuilt title vehicle. There are thousands of rebuilt cars out there, must have insurance somehow. It's harder to get a bank loan on a rebuilt title than it is to obtain insurance for it.

And it's also not title washing. A salvage title is what you buy at an auction, a rebuilt title is issued after the repairs and inspection.
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Old May 21, 2025 | 01:40 PM
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If the theoretical payout on a total loss of a rebuilt titled vehicle will be lower because of the lower perceived value will the premiums be lower?
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