Top Rebuilt Title Insurance: What You Need to Know [2024]
If you are looking for rebuilt title insurance for your car, you will be able to find coverage with a few different providers. While it’s more common to purchase liability coverage on a rebuilt title, you will probably have the option to purchase full auto insurance coverage. Rebuilt title insurance costs anywhere from 12% to 30% more than a standard car insurance policy.
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Michael Vereecke
Commercial Lines Coverage Specialist
Michael Vereecke is the president of Customers First Insurance Group. He has been a licensed insurance agent for over 13 years. He also carries a Commercial Lines Coverage Specialist (CLCS) Designation, providing him the expertise to spot holes in businesses’ coverage. Since 2009, he has worked with many insurance providers, giving him unique insight into the insurance market, differences in ...
Commercial Lines Coverage Specialist
UPDATED: Jan 25, 2024
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Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jan 25, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Auto insurance for a rebuilt title may cost more than a standard car insurance policy
- There are only certain auto insurance companies that will cover cars with salvage titles
- Some larger companies, like 21st Century and Allstate, often insure vehicles with rebuilt titles
If you’ve recently purchased a car with a salvage title, you may have several questions in regard to obtaining auto insurance such as, “Can I acquire auto insurance for a rebuilt title?”
You should be able to find an auto insurance company that will work with you when it involves insuring your new vehicle. But you’ll want to prepare for the rebuilt title insurance cost, as it will be higher than average.
As you search for car insurance for your rebuilt title, be sure to seek multiple quotes online in order to find the best options concerning affordable coverage.
You can use our free quote tool above to find and compare quotes today to help you begin your search.
Can I get auto insurance on my rebuilt title?
In most cases, you will be able to find car insurance for your salvage or rebuilt title.
A salvage title is essentially issued when a vehicle has been deemed a total loss by an insurance company. This will typically happen after a car accident, but there are other times when a vehicle will be issued a salvage title.
Read more: Top Salvage Title Auto Insurance Provider
These are the main reasons why a car would be declared a total loss:
- Collision damage from an accident
- Fire damage
- Flood damage
- A stolen vehicle or stolen car parts
- A heavily used vehicle, such as a taxi or law enforcement vehicle
In addition, stolen vehicles or stolen car parts, and heavily used automobiles such as taxis or law enforcement vehicles, are also reasons for deeming a vehicle a write-off.
If you purchase a car after it’s been declared a total loss, you may receive a great deal. But you’ll need to consider the cost of insuring the vehicle as well.
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How much is auto insurance for a rebuilt title?
In most cases, car insurance companies will charge anywhere from 12%-30% more for coverage on a rebuilt title than on a standard automobile. This cost is due to the car’s unknown history as well as its substandard future outlook.
Car insurance rates for salvage titles will vary based on a variety of factors, like the make and model of the vehicle, your driving history, and more.
People who purchase a rebuilt title typically insure their vehicle with the state’s minimum requirements for car insurance. You may be curious as to whether or not you can obtain full coverage on a rebuilt title. While this coverage can be more difficult to find, it is an option.
The table below reveals average annual and monthly rates for full car insurance coverage in various U.S. states. Keep in mind that full coverage rates for a rebuilt title will likely be at least 15% higher.
Average Full Coverage Auto Insurance Rates by State
| State | Average Annual Car Insurance Rates | Average Monthly Car Insurance Rates |
|---|---|---|
| Alabama | $837.09 | $69.76 |
| Alaska | $1,050.09 | $87.51 |
| Arizona | $900.18 | $75.02 |
| Arkansas | $951.75 | $79.31 |
| California | $939.52 | $78.29 |
| Colorado | $1,132.78 | $94.40 |
| Connecticut | $981.77 | $81.81 |
| Countrywide | $1,215.69 | $101.31 |
| Delaware | $1,324.39 | $110.37 |
| District of Columbia | $1,208.77 | $100.73 |
| Florida | $991.25 | $82.60 |
| Georgia | $858.16 | $71.51 |
| Hawaii | $673.13 | $56.09 |
| Idaho | $854.10 | $71.18 |
| Illinois | $728.93 | $60.74 |
| Indiana | $683.67 | $56.97 |
| Iowa | $850.79 | $71 |
| Kansas | $917.49 | $76.46 |
| Kentucky | $1,364.17 | $113.68 |
| Louisiana | $689.12 | $57.43 |
| Maine | $1,096.37 | $91.36 |
| Maryland | $1,107.76 | $92.31 |
| Massachusetts | $689.12 | $57.43 |
| Michigan | $1,264.20 | $105.35 |
| Minnesota | $856.62 | $71.39 |
| Mississippi | $957.59 | $79.80 |
| Missouri | $845.39 | $70.45 |
| Montana | $868.55 | $72.38 |
| Nebraska | $805.99 | $67.17 |
| Nevada | $1,083.42 | $90.29 |
| New Hampshire | $795.50 | $66.29 |
| New Jersey | $1,379.20 | $114.93 |
| New Mexico | $920.42 | $76.70 |
| New York | $1,327.82 | $110.65 |
| North Carolina | $768.28 | $64.02 |
| North Dakota | $768.09 | $64.01 |
| Ohio | $766.66 | $63.89 |
| Oklahoma | $985.58 | $82.13 |
| Oregon | $894.10 | $74.51 |
| Pennsylvania | $950.42 | $79.20 |
| Rhode Island | $1,257.40 | $104.78 |
| South Carolina | $936.69 | $78.06 |
| South Dakota | $744.28 | $62.02 |
| Tennessee | $855.56 | $71.30 |
| Texas | $1,066.20 | $88.85 |
| Utah | $852.66 | $71.06 |
| Vermont | $746.79 | $62.23 |
| Virginia | $836.14 | $69.68 |
| Washington | $952.10 | $79.34 |
| West Virginia | $1,032.45 | $86.04 |
| Wisconsin | $716.83 | $59.74 |
| Wyoming | $844.33 | $70.36 |
Read more: The Automobile Insurance Company of Hartford, Connecticut Review
Obtaining full coverage on vehicles is a good idea; however, as you can see, it is not inexpensive. If you intend to fully insure a vehicle with a rebuilt title, be prepared to pay an excessive amount for insurance coverage.
What’s the best insurance for rebuilt titles?
You’ll need to conduct your own research to discover which car insurance companies will offer auto insurance for your salvage title at an affordable cost.
Below is a list of some more popular auto insurance companies that are often willing to insure vehicles with rebuilt titles.
Best Insurance Providers for Rebuilt Titles
| Provider | Insures Rebuilt Title Cars |
|---|---|
| 21st Century | ✓ |
| Allstate | ✓ |
| American Family | ✓ |
| Esurance | ✓ |
| Everest | ✓ |
| Farmers | ✓ |
| Geico | ✓ |
| Infinity | ✓ |
| Kemper | ✓ |
| National General | ✓ |
| Nationwide | ✓ |
| Omni | ✓ |
| Progressive | ✓ |
| Root Insurance | ✓ |
| Safeco | ✓ |
| State Farm | ✓ |
| The General | ✓ |
| The Hartford | ✓ |
| Titan | ✓ |
| USAA | ✓ |
You should do plenty of research to ensure that a company is offering you a fair deal on coverage before committing to a policy. Comparing quotes online is a great way to establish that you’re not going to end up paying too much for coverage.
Read more: Root Auto Insurance Review
You can use our free quote tool below to find and compare auto insurance rates from top companies in your area today.
Case Studies: Top Rebuilt Title Insurance
Case Study 1: The Hurricane-Ravaged Property
A coastal property in a hurricane-prone area faced severe damage in 2021, requiring substantial renovations, but the property owner’s rebuilt title insurance covered the costs, preventing financial burdens and legal complications.
Case Study 2: The Fire-Damaged Residence
A suburban residential property suffered severe fire damage, unbeknownst to its recent owners. However, their decision to acquire rebuilt title insurance uncovered its past fire history and extensive rebuilding. As a result, the insurance company covered the repair expenses, enabling the owners to restore their home without facing significant financial burdens.
Case Study 3: The Historic Building Restoration
A historic building, dating back to the early 20th century, was purchased with the intention of transforming it into a commercial space. Prior to the purchase, the buyer conducted thorough research and learned that the building had undergone multiple renovations throughout its lifetime. Rebuilt title insurance was obtained to safeguard against any potential legal complications or hidden issues.
This insurance proved invaluable when unexpected structural problems were discovered during the renovation process. The insurance coverage helped cover the costs of addressing these issues, ensuring the project could move forward while protecting the buyer’s investment.
Case Study 4: The Property with a Troubled Past
In a city with a rich historical background, a residential property was found to have a troubled past. The property had changed hands multiple times, with various legal disputes and unclear ownership records associated with it. Recognizing the potential risks, the prospective buyer insisted on obtaining rebuilt title insurance before finalizing the purchase.
The insurance company conducted a comprehensive title search, revealing the complex history of the property. Thanks to the insurance coverage, the buyer was protected from potential lawsuits and financial losses arising from unresolved ownership disputes and other legal issues.
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Frequently Asked Questions
What is rebuilt title insurance?
Rebuilt title insurance is a specialized type of insurance coverage designed for vehicles with rebuilt or salvaged titles. These titles are typically issued when a vehicle has been declared a total loss by an insurance company due to damage, theft, or other reasons and has been rebuilt or repaired to a roadworthy condition.
Why would I need rebuilt title insurance?
Rebuilt title insurance is necessary for owners of vehicles with rebuilt titles because they often have a higher risk profile compared to vehicles with clean titles. These vehicles have undergone significant repairs or reconstruction, which can affect their reliability and value. Rebuilt title insurance helps protect owners against potential financial loss resulting from damage, theft, or accidents involving the vehicle.
What should I consider when looking for top rebuilt title insurance?
When searching for top rebuilt title insurance, consider the following factors:
- Coverage Options: Ensure the insurance company offers the specific types of coverage you need for your rebuilt title vehicle, such as liability coverage, collision coverage, comprehensive coverage, and uninsured/underinsured motorist coverage.
- Reputable Insurance Providers: Research and select insurance companies with a good reputation and financial stability. Look for customer reviews and ratings to assess their reliability and claims handling.
- Policy Terms and Conditions: Review the policy terms and conditions carefully, including any exclusions or limitations specific to rebuilt title vehicles. Understand the coverage limits, deductibles, and any additional fees associated with the insurance policy.
- Vehicle Inspection Requirements: Inquire about any vehicle inspection requirements imposed by the insurance company to determine the eligibility for rebuilt title insurance.
- Cost of Insurance: Compare insurance premiums from different providers to ensure you are getting the best value for coverage. However, be cautious of excessively low premiums, as they may indicate limited coverage or poor service.
- Customer Service: Evaluate the insurance company’s customer service reputation, including their responsiveness, claims handling process, and availability of online account management tools.
- Seek Recommendations: Consult with professionals or individuals with experience in insuring rebuilt title vehicles for insights and recommendations on reputable insurance providers.
Are there any widely recognized top rebuilt title insurance companies?
While there isn’t a single universally recognized top rebuilt title insurance company, some insurance providers are known for offering coverage for rebuilt title vehicles. These may include larger insurance companies or specialty insurers that cater to the unique needs of rebuilt title vehicles. It’s important to research and compare different providers to find the one that best suits your specific requirements.
Can I get rebuilt title insurance for any vehicle?
Rebuilt title insurance is typically available for a wide range of vehicles, including cars, trucks, motorcycles, and recreational vehicles. However, eligibility for coverage may depend on the specific requirements and guidelines set by insurance companies. It’s important to check with individual insurers to determine if they provide coverage for your particular type of vehicle.
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Michael Vereecke
Commercial Lines Coverage Specialist
Michael Vereecke is the president of Customers First Insurance Group. He has been a licensed insurance agent for over 13 years. He also carries a Commercial Lines Coverage Specialist (CLCS) Designation, providing him the expertise to spot holes in businesses’ coverage. Since 2009, he has worked with many insurance providers, giving him unique insight into the insurance market, differences in ...
Commercial Lines Coverage Specialist
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.