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The insurance company will not know that the vehicle has been reconstructed unless you tell them up front. The problem comes if you have an accident or claim which totals the vehicle. The value of a vehicle that been a total loss is far less than a vehicle that has not so the company will evaluate the value of your vehicle at a far lower amount when time to pay you in a total situation. This is a fact that you need to be aware of in case you do total the vehicle again. The company is obligated to pay you the value of the vehicle at the time immediately before your accident. This is fair as you pay far less for it versus buying an undamaged vehicle but you will pay premiums the same as anyone else.
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∙ 8y ago
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How do you get a car a reconstructed car title?
My vehicle was totaled according to the insurance company. I cannot collect any money from the ins co unless I have a reconstructed title. How can I get a reconstructed car title
what can you tell me about this car?
Why does this car have a reconstructed title?
Can you get insurance on a car with a reconstructed title in Oregon?
If by reconstructed title you are referring to a vehicle that had a prior salvage title, I would think you could, contact an agent in your area. == Absolutely! No problem whatsoever. Keep in mind that a reconstructed car is worth roughly 60% of the value of a similar car with a clean title so if you total the car you will get less than real market value but hopefully you paid less for the car so it won't matter.
Get you get full insurance coverage on a reconstructed title?
Yes you should be able to.
What does a reconstructed title mean?
A reconstructed title refers to a vehicle that was previously salvaged or deemed a total loss by an insurance company due to damage. After being repaired to meet state safety standards, the title is then branded as reconstructed to indicate that the vehicle was once considered a total loss but has since been restored.
If a car has a New Jersey Salvage title would you have to get the salvage inspection done in NJ or could you do it in NY to get the reconstructed title?
depends on where you live, if you live in NY then you need to transfer the title to a NY salvage title. Then, you can apply for a reconstructed title there. Here in NJ, dont have a "reconstructed title". you have to apply for a salvage inspection so that theyll give you a clear title.
Can a rebuilt title be cleared and will there be any problems retitling a rebuilt title car if I buy one in Indiana?
no, once it has a reconstructed title it will always be...
How much is a vehicle worth with a reconstructed title?
60% of the value of a comparable clean titled car.
Clearing salvage title?
Nope. Not legally anyway. The best you can do is totaled/reconstructed' if the car is roadworthy. Once issued a salvage title a car can never be issued a clean title legitimately.
What is the value roughly of a vehicle with a reconstructed title?
40% LESS than a comparable clean titled car
How do you get a clear title in Florida And How much does a salve vehicle title markdown the price?
Once a salvage always a salvage or totaled/reconstructed; you cannot legally get a clear title the brand will remain. A reconstructed and roadworthy salvage car is worth 60% of the value of a comparable clean titled car. If it's still salvage maybe 25% of the value of a comparable clean titled car.
Hi you were in an accident two years ago your car had front end damaged that was fixed professionally by a reputable dealer your vehicle runs and looks like new Is your car still a salvage vehicle?
Once a salvage title is given to a car it remains a salvage or totaled/reconstructed car. It will never legally have a clean title again. This assumes the damage was reported to an insurance company and they totaled/paid out on the car.
