It sounds bad. But is it? While obtaining insurance for a car with a salvage title may not be as easy as insuring a clean-titled car, it can be done. So how much do you know about insuring a salvaged car? Take this quiz to find out!
Question 1 of 10
You'll have to look a tier below the big, reputable insurance companies in order to find coverage for your salvage auto.
Question 2 of 10
Because it's your safety at stake, you and only you are responsible for determining when a salvage auto is safe to drive.
Question 3 of 10
Due to the difficulty in insuring salvage autos, many states waive the liability coverage requirement for salvage titles.
Question 4 of 10
Premiums for collision coverage are likely to be higher for a salvage auto.
Question 5 of 10
If you have collision coverage on your salvage auto, a claim is likely to pay less than it would for repairs on a car with a clean title.
Question 6 of 10
In order to qualify for financing on a salvage auto, most lenders require comprehensive insurance.
Question 7 of 10
If you buy a salvage auto from a dealership that has already done all the needed repairs, you'll have an easier time insuring it.
Question 8 of 10
Difficulty in insuring a salvage car is mostly due to difficulty in valuing a salvage car.
Question 9 of 10
Having your car repaired and inspected can lower your insurance premiums.
Question 10 of 10