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If I purchase a car with a 'rebuilt' title from a dealer, and the car is involved in an accident and 'totaled' does the insurance company pay a lesser value on the claim compared to a car that doesn't have a 'rebuilt' title? Is the insurance rate lesser on rebuilt auto titles?

You may have a hard time finding someone to insure your vehicle for physical damage, which is the only coverage your question relates. Try a quote with us through Progressive.

Many insurance companies will not insure vehicles with 'rebuilt' or 'salvage' on the title. If you find a company who will insure it for comprehensive and collision coverages, if your vehicle is "totaled" in an accident. I believe they will pay a lesser value than a vehicle that does not have "rebuilt" or "salvage" on the title. This is the reason most insurance companies won't insure these vehicles. You may be able to get a classic car insurance company to give you insurance for a "stated amount."

If it is not a stated value policy, the insurance company will pay the vehicle's "actual cash value" (minus the deductible you choose). This takes the vehicle's depreciation into account.

You can obtain an auto insurance quote for a collector car with our partner Safeco and our partner Progressive will write a policy with a salvage title.

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Visitor Comments
car insurance commentsI was looking on google for rebuilt title info. and found this. I hadnt even thought about insurability yet. Glad I saw this.
car insurance commentslooking at used cars
car insurance commentsI "was" interested in a 2005 Nissan Maxima and found out that is was a rebuilt title on it and the seller said the only thing that he had to replace was the bumper. I have had worse wrecks than that and I didn't have to get a "rebuit title" for my car. GREAT INFO THANKS GOOGLE and CarInsurance.com!
car insurance commentsThx!
car insurance commentsI was looking at purchasing a car for my 16 y/o and the guy said it had a "rebuilt title" I did not know what this meant...I almost wrote him a check..I am so glad I googled your website! Thanks so much!
car insurance commentsi didnt know what rebuilt title was, know i understand, thank u
car insurance commentsI purchased the car with rebuilt title and paid much less than I would for the same car with clean title. I did not have any problems getting insurance through State Farm. I did not have any problems with the car and it drives and runs great.
Question Details
This car insurance question was asked on 10/5/2005
This auto insurance answer was last updated on 11/10/2008
Fabian requested this car insurance solution.
Rated 7 out of 10 based on 23 votes.
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