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Title Insurance Estimate

Leroy Said:

insurance on a salvage title vehicle?

We Answered:

All they will give you is the value of your vehicle if repairs would be more than the value, and they may deduct a percentage of that because it already had a salvage title. Once they pay you they will tow it away and try to recoup their losses through salvage on the vehicle. If you want to keep it, you can buy it back for salvage value.

If it is worth $25,000 you will probably get $17,500.

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