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What Does Title Insurance Cost
Allan Said:
What is a rebuildable salvage title and what does it mean?We Answered:
It means it was involved in an accident, and while written off by the insurance company, it wasn't damaged so severely that the state decided it should NEVER be allowed back on the road.Its value will be less than a clean title.
Brian Said:
How much will the insurance company give me back for my car?We Answered:
First of all insurance co. will not fully cover a salvaged titled car.If you happen to be lucky enough to have a insurance co. that would be dumb enough to fully cover a salvaged car they will drop the full coverage and not pay you a dime after they find it is indeed a salvaged car.
The cost of insurance will be what they charge you. I would get what the law requires. Get plpd ( personal liability property damage )