This is topic Will the car have a salvage tittle after it was stolen? in forum General Talk at Northern California Ford Owners  .


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Posted by Eddie510- (Member # 2354) on :
 
No right? i hope not
 

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Posted by asskickn88 (Member # 4957) on :
 
Its only salvage if you make a claim on your insurance and they deem it totaled.
 

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Posted by 88DroptopGT (Member # 2535) on :
 
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!
 

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Posted by Eddie510- (Member # 2354) on :
 

quote:

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Originally posted by asskickn88:
Its only salvage if you make a claim on your insurance and they deem it totaled.

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quote:

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Originally posted by asskickn88:
Its only salvage if you make a claim on your insurance and they deem it totaled.

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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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Posted by Eddie510- (Member # 2354) on :
 
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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Posted by JohnB (Member # 969) on :
 
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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Posted by HaulinAss Motorsports (Member # 541) on :
 
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!
 

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Posted by N8 (Member # 6048) on :
 
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.
 

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Posted by Fast92lxcoupe (Member # 8221) on :
 
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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Posted by 69grandecj (Member # 5794) on :
 
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 ]
 

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