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Salvage Car Auto Insurance

Sunday, April 4th, 2010

I see on Yahoo Answers and other internet forums that a lot of people ask, can I get car insurance for a salvage car? The answer is yes, you can get auto insurance for a salvage car, but it will be very difficult. Many insurance companies do not want to take the risk of insuring a salvage car. Although the term salvage can mean many things, generally it means that car was involved on an accident and the damages exceeded the value of the car. This is not always the case, but this is generally how auto insurance companies view it.

If you own a salvage vehicle and you are looking to get auto insurance, you will have to spend sometime online or calling around to smaller auto insurance companies. Also with a salvage car, you’ll most likely only be able to get liability coverages.

Many people who buy salvage cars generally use them for parts or for special track use that doesn’t require the car to be insured. If you want my honest opinion, do not buy a salvage car because you will have a hard time finding auto insurance! But if you do have a salvage car, definitely spend sometime shopping around the cheapest insurance quote!