I would not insured a rebuilt vehicle because no matter what there is always going to be an issue if the vehicle is totaled as to what the value of the vehicle is. You and I know that a vehicle with a rebuilt title will be worth less that a vehicle with a clear title. I would use a stated value policy to value the vehicle so that there is no misunderstanding if an accident occurred.
no i don't think you can you can get a title for a total in florida
You should Inquire at the Florida Department of Motor Vehicles.
It means the car was totaled by an insurance company and rebuilt (to hopefully roadworthy standards!)
Continuing Education courses for Florida Title Insurance Agents are available online at http://florida.stewartce.com
No it does not. Lenders Title insurance is a whole other form of coverage
no
500
yes because if you have insurance on your car as long as you name is on the title and you were in the car with your friend most likely the insurance will cover it
No, Florida law does not require that title insurance be issued. The only requirement to transferring title, is that a proper deed be recorded. However, having said that, if you are buying a property from someone, title insurance is greatly recommended. Title Insurance is the only thing that protects you in the event you receive a fraudulent title, or you later find out that there are undisclosed liens or encumbrances against the title. I would never buy any property without the protection of a title insurance policy. If, on the other hand, your parents are transferring to you their property, and you already know the history of the title, title insurance would not be needed.
I cannot answer your question but I do know that insurance companies use "fair market value" which means they can use the fact it has a rebuilt title in their concideration. If you do not agree with their estimate you can appeal it (may require a court visit)
Only if you can un-rebuild the car. Once a car is rebuilt, it is rebuilt forever.
because u are ugly