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Leo Said:

I was in an accident and the insurance company decided to total out my vehicle.?

We Answered:

She cannot take posession of the vehicle unless you defaulted on the loan. And maybe not even then. A cosigner is simply a person who agrees to be responsible for the payment if you defalult. Once the car was totaled it became property of the insurance company and you should have been offered the oppertunity to buy it back. I would contact your insurance company, the police, and the DMV in that order. If you don't get satisfaction from them you may need to consult w/ a lawyer depending on how far you want to take this, and how bad you want this car.

Bill Said:

We bought our totaled car but it was easily fixed and runs How do we know if it will have a salvage title?

We Answered:

Yes, you will be getting a salvage title. When the insurance paid you the fair market value, they became the owner of the vehicle. When you bought it back, it was for salvage value, and the insurance will issue you a salvage title. That is for the protection of subsequent buyers so they will know the previous condition of the vehicle. You will not be able to get collision coverage for it, and in the event someone damages your vehicle to the point of being a total loss again, you will get 50% of fair market value because of the branded title.