Is Salvage-Title Insurance More Expensive?
It can be more expensive to insure a car with a salvage title than a clear one that was never deemed a total loss. In some cases, insurance carriers will add surcharges of up to 20 percent more for the policy’s premium. Some carriers don’t provide coverage for salvage vehicles at all, so you may need to shop around for cheap auto insurance.
Available Coverages for Salvage Vehicles
When buying car insurance, you may find that the available coverage for a salvage vehicle is limited. After rebuilding the car, you can get liability coverage. However, insurers might only offer comprehensive or collision coverage that covers 80 percent of the vehicle. You should also be able to get medical payments coverage, personal injury protection, emergency roadside service, and rental car coverage with your insurance.