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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.

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11y ago

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Related Questions

How could I get an insurance policy for a car with a rebuilt title in Florida?

no i don't think you can you can get a title for a total in florida


How do you get a rebuilt title changed to a clear title in Florida?

You should Inquire at the Florida Department of Motor Vehicles.


Rebuilt title mean?

It means the car was totaled by an insurance company and rebuilt (to hopefully roadworthy standards!)


Where are title insurance schools in south Florida?

Continuing Education courses for Florida Title Insurance Agents are available online at http://florida.stewartce.com


Does homeowners insurance cover the lenders title insurance?

No it does not. Lenders Title insurance is a whole other form of coverage


Does title insurance cover zoning defects?

no


How much does title insurance cost in Florida for 55000 home?

500


Does my insurance cover a friend driving my car?

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


Does Florida law require title insurance to transfer a property title?

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.


When did mortgage title insurance begin in Florida?

Mortgage title insurance began in Florida in the early 20th century, with the first title insurance company founded in 1907. The industry grew significantly throughout the 20th century as real estate transactions increased. By the 1960s, title insurance had become a standard practice in Florida's real estate market. Today, it plays a crucial role in protecting lenders and buyers from potential issues related to property titles.


Claims adjuster is saying my truck may be totaled it has a rebuilt title how much can I expect to loose Do you receive wholesale trade in or retail value minus the for rebuilt title?

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)


Who pays title insurance buyer or seller in Florida?

In Florida, the responsibility for paying title insurance can vary based on local customs and the terms negotiated in the purchase contract. Typically, the seller pays for the owner's title insurance policy, while the buyer often pays for the lender's title insurance policy if they are financing the purchase. It's essential for both parties to clarify these details during the transaction process.