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Author
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Topic: Will the car have a salvage tittle after it was stolen?
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Eddie510-
CAFords OG
Member # 2354
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posted
 
 
No right? i hope not ![[Frown]](frown.gif)
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"I like to be more politicaly correct than what I really believe so I can get more frinds here on CaFords"-Cummings "TIPICKLE"
Posts: 6557 | Registered: Jan 2003
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asskickn88
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Member # 4957
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posted
Its only salvage if you make a claim on your insurance and they deem it totaled.
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Three 540 Bimmers and a 5.0 Explorer.... got a Ford back in the stable!
It's time for the country to do what Obama's own father did.
Abandon him.
Posts: 6069 | From: Rocklin, Ca | Registered: Oct 2004
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88DroptopGT
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Member # 2535
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posted
If the damage is beyond the value of the vehicle it is deemed "Theft Recovery Salvage" titled.
Then your $300 car is actually worth $300! ![[Embarrassed]](redface.gif)
Posts: 3978 | From: 707 | Registered: Mar 2003
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Eddie510-
CAFords OG
Member # 2354
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posted
quote:
Originally posted by asskickn88:
Its only salvage if you make a claim on your insurance and they deem it totaled.
if i called them that it was stolen but there not paying for it will it become salvage tittle. im really hoping it will stay clean if not i dont think ill be keeping the car
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"I like to be more politicaly correct than what I really believe so I can get more frinds here on CaFords"-Cummings "TIPICKLE"
Posts: 6557 | Registered: Jan 2003
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Eddie510-
CAFords OG
Member # 2354
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posted
quote:
Originally posted by asskickn88:
Its only salvage if you make a claim on your insurance and they deem it totaled.
if i called them that it was stolen but there not paying for it will it become salvage tittle?. im really hoping it will stay clean if not i dont think ill be keeping the car
[ April 15, 2009, 11:56 PM: Message edited by: Eddie510- ]
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"I like to be more politicaly correct than what I really believe so I can get more frinds here on CaFords"-Cummings "TIPICKLE"
Posts: 6557 | Registered: Jan 2003
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Eddie510-
CAFords OG
Member # 2354
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posted
i had liabilty insurance. let me know guys this is really bugging me if not im not keeping it
[ April 16, 2009, 12:24 AM: Message edited by: Eddie510- ]
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"I like to be more politicaly correct than what I really believe so I can get more frinds here on CaFords"-Cummings "TIPICKLE"
Posts: 6557 | Registered: Jan 2003
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JohnB
Tech Moderator
Member # 969
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posted
Unless you have full coverage, claim it as a loss via your insurance, and elect to fix the car under your policy AND they say it's not worth fixing...THAT'S when it will be branded "Salvage".
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1965 Shelby Cobra
1993 Cobra
2012 F150 Raptor
2020 GT500
Posts: 6523 | From: Orlando FL/Redding CA | Registered: Mar 2002
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HaulinAss Motorsports
Its a STREETRaceCar!
Member # 541
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posted
Since you only have liability coverage only, you have no claim, wont be collecting anything for damages, therefore it wont affect the title status one bit.
Cliff note: YOUR GOOD! ![[Big Grin]](biggrin.gif)
Posts: 22494 | From: Sacramento | Registered: Nov 2001
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N8
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Member # 6048
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posted
Man I am glad you got it back. And with only liability coverage you cannot claim anything so your good. But they would salvage that bish in a heartbeat if it were the other way.
Side note:
My son was leaning towards a fox instead of the cobra I bought him. But screw that, I am gonna have him avoid foxes at all cost. Shame too, he really wants one now.
Posts: 11638 | Registered: Sep 2005
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Fast92lxcoupe
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Member # 8221
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posted
NOT!!!!!! I had liability with comprehensive coverage added to it. And when my 93 gt/cobra clone was stolen, I got damn near 6 grand for it. So about it being salvaged... I dont know, that depends on the damage. But check your policy, and if you have libility with comprehensive coverage added to it, then you can claim it and get some money. That's how it went down with my insurance
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93 LX Hatch W/Black Int 5 Speed(R.I.P)
92 LX Coupe W/Black Int 5 Speed (sold)
88 LX Hatch 40K miles
68 Chevelle LS1
98 S10 Bagged FBSS
Posts: 1027 | From: Hayward | Registered: Feb 2008
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69grandecj
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Member # 5794
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posted
They will not brand it as salvage if you do not have a claim. The above post was deemed salvage since there was a comprehensive claim and a loss was paid out.
[ April 16, 2009, 08:34 PM: Message edited by: 69grandecj ]
Posts: 203 | From: Tracy | Registered: Jun 2005
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