The Best Auto Insurance Companies For Branded Titles

A branded title vehicle is one that has been involved in a major collision or accident, or has suffered significant damage. Branded title cars are illegal to drive on the streets and are therefore difficult to insure. However, it is not impossible, and some insurance companies do offer liability coverage for branded title cars. This type of insurance will be significantly cheaper than full coverage insurance.

To get insurance for a branded title car, you will first need to repair the vehicle and get it inspected by a certified mechanic. After these steps, you can apply for auto insurance, but expect the coverage to cost more than for a clean title car.

Liability insurance is available for branded title cars from most insurance companies

Cars with branded titles are cheaper to buy but may be more difficult to resell. They often have extensive damage, issues with their odometers, or defects that caused them to be bought back by the manufacturer. As such, insurance companies are often wary of branded title cars and may be hesitant to offer full-coverage policies.

However, most major car insurance companies will offer at least liability coverage for a branded title car, provided it has been repaired and passed an inspection. Examples of affordable car insurance companies that accept branded titles include State Farm, Geico, Progressive, Allstate, and Mercury.

It is important to note that not all insurance companies will insure cars with branded titles, and those that do may charge higher rates. On average, insurance rates for branded title cars are 20% higher than for clean title cars. This is because branded title cars are riskier to insure due to potential long-lasting consequences of previous damage, voided factory warranties, and the difficulty in determining whether damage is old or new when claims are made.

To get insurance for a branded title car, you may need to provide documentation such as a certified mechanic's statement, a photo catalog, and the original repair estimate.

Branded title cars are illegal to drive on the streets and are difficult to insure

It is important to understand what a branded title car is before getting behind the wheel. A branded title is a designation applied to a vehicle's title by the DMV, indicating that the vehicle has sustained major damage, been in a flood, had odometer tampering, or was deemed unsafe to drive. These issues can affect the reliability, safety, and value of the car.

With that in mind, it is not surprising that branded title cars are illegal to drive on public roads. This is because they have been declared a total loss and the necessary repairs to make them roadworthy have not been completed. Once these repairs are made, the car can be issued a rebuilt title, at which point it becomes legal to drive.

Even after a branded title car has been repaired, it can be difficult to insure. Not all insurance companies will cover these vehicles, and those that do often charge higher rates. This is because branded title cars are considered riskier to insure due to potential lingering issues and the difficulty in telling the difference between old and new damage. Additionally, the car's value has decreased, which will affect the insurance offer.

If you are considering insuring a branded title car, it is important to shop around and get quotes from multiple companies. You will likely need to provide additional documentation, such as a certified mechanic's statement and a photo catalog of the vehicle. It is also a good idea to have a second opinion on the vehicle's safety, even if it has passed an inspection.

To get insurance, branded title cars must be repaired and issued a rebuilt title

Branded title cars are vehicles that have been declared a total loss by an insurance company. This could be due to collision damage, fire, flooding, or a manufacturer buyback following a successful lemon-law claim. These cars are illegal to drive on public roads and therefore cannot be insured until they are repaired and issued a rebuilt title.

Once a car has been sufficiently repaired and passes a safety inspection, the state will issue a rebuilt title, indicating that the vehicle is now safe and legal to drive. The specific requirements for obtaining a rebuilt title vary by state, but they generally include passing a series of tests and inspections to ensure the vehicle is roadworthy.

After a car has been issued a rebuilt title, it may be possible to insure it. However, not all insurance companies will insure cars with rebuilt titles, and those that do may charge higher rates. It is important to shop around and compare quotes from multiple providers. Some companies may only offer liability coverage, while others may provide full coverage.

In addition to insurance, financing for cars with rebuilt titles can also be more challenging and expensive. Reselling these vehicles may also present problems, as buyers may be suspicious of the rebuilt title and the resale value may be significantly lower.

Overall, while it is possible to get insurance for a branded title car after it has been repaired and issued a rebuilt title, it may require additional effort and expense.

Insurance for a branded title car is more expensive than for a clean title car

A branded title car has been declared a total loss and you can't legally drive it on public roads, so most insurance companies won't offer insurance. This makes it more expensive to insure than a clean title car.

Insurance for a branded title car is more expensive because it is seen as a higher risk. The car has already been deemed a total loss, so any insurance company taking on this risk will need to protect itself. There are several reasons why branded title cars are riskier to insure:

• Previous damage could have long-lasting, unforeseen consequences.
• Factory warranties are usually voided.
• They might require further repairs if the original repair was rushed to make a quick sale.
• It’s hard to tell the difference between old and new damage if you have to make a claim.

There are several other factors that can make insurance more expensive:

• Your location: Densely populated areas have higher rates of accidents, traffic violations and theft, so the average cost of car insurance is higher.
• Your age: Younger and less experienced motorists are seen as riskier to insure, so they pay more for insurance than those with a long driving history.
• Your credit history: A poor credit score can result in much more costly insurance premiums.
• Your driving record: A speeding ticket, a recent at-fault accident or a DUI charge on your driving record will increase your insurance costs.
• Your marital status: Single drivers typically pay more for auto insurance than married drivers.
• Your gender: Men, especially young males, usually pay more for car insurance than women.
• Your chosen deductible: You will pay higher premiums if you choose a low or non-existent deductible when filing claims.

• Shop around: Compare rates from at least three companies each time your insurance policy is up for renewal.
• Choose your car wisely: Consider a well-maintained used car with good safety features.
• Try usage-based insurance: Programs like Progressive’s Snapshot® or Geico’s DriveEasy track your driving in real time and offer discounts.
• Try mileage-based programs: Some companies offer pay-per-mile insurance that can be affordable if you have a short commute or don't drive often.
• Take a driver’s education or defensive driving course: Your company may offer car insurance discounts for taking approved driving courses.
• Change your coverage: You can downgrade your insurance coverage and limits to save money.
• Change your deductible: Having a higher deductible will reduce your car insurance rates.
• Improve your credit: You can find better rates by increasing your credit score over time.

Some insurers will not cover rebuilt salvage title cars

A branded title indicates that a car was once declared a total loss or has some other major problem. Cars with branded titles have been repaired or rebuilt and sold. A branded title car has sustained significant damage in the past but has since been restored to good condition.

Cars with branded titles are illegal to drive on the streets and most insurance companies will not offer insurance. However, if the car has been repaired and issued a rebuilt title, it can be insured. Even then, some insurers will not cover rebuilt salvage title cars.

Cars with rebuilt titles can be insured, but the process is more difficult than for cars with clean titles. Most insurance companies will write a liability policy for a rebuilt title car but are hesitant to offer a full-coverage policy. This is because it is challenging to assign an accurate value to a rebuilt salvage title car, and insurers may not be able to determine whether damages were due to a particular incident or already existed.

Some insurance companies that offer policies for rebuilt title cars include State Farm, Geico, Progressive, Allstate, and Mercury. However, there may be restrictions on the coverage provided. For example, these companies may only provide liability coverage and not offer comprehensive and collision coverage.

It is important to note that insurance for a rebuilt title car is not a standard policy, and you may need to call to get a quote. The availability of coverage may depend on the car's damage history and the repairs that have been made.

Frequently asked questions