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Insurance Title Company
Monica Said:
Can an insurance company brand a title to get it for cheaper?We Answered:
Insurance companies aren't buying vehicles to sell at auction. If it's tagged as salvage that means they paid out a total loss claim on the vehicle.Sharon Said:
What is the best approach when dealing with an insurance company regarding incorrect title issues?We Answered:
It's not clear that you have anybody to sue, although laws may have been broken and the state attorney general can act in that case.I have seen conflicting information as to whether Carfax offers a "guarantee" with its report.
The person who sold you the car is possibly guilty of fraud; and he may likely be insolvent too. Perhaps he has a dealer license to protect. The DMV and the BBB are two places to start your battle.
Good luck. Check the archives, and also Google Groups, to see what answers have been given in the past to this issue. I know I've seen it before. Too often.