Full Coverage Auto Insurance

August 30, 2009 by admin
Filed under: Auto Insurance Specialists 

Can I get full coverage auto insurance on a car that was once totaled?

My dad owns a 1992 Firebird that he (supposedly) totaled last year. Here’s the story, there was a really bad storm, and his boss demanded that he was not only at his job but on time. So my dad rushed on his way to work, and hydroplaned on a back road that is prone to flooding. He got it towed back to the house and later that day he filed a report to the insurance agency that it was totaled. He got the money for the totaled car, and he used the money to drain the engine, change the oil, put in new spark plugs, get new carpet, etc. The car now runs, but it has 274,000 miles, and the insurance company told him he can never get his full coverage reinstated. I beg to differ, seeing as how I’m going to inherit this car soon, and I want to replace the old worn-out motor anyways, and with a new motor this won’t even be the same car.

So here is my question:
If I get the engine replaced with a crate engine with 0 miles, do you think that the insurance company will reinstate full coverage?

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Comments

3 Comments on Full Coverage Auto Insurance

  1. S17V on Wed, 29th Jul 2009 11:35 pm

    2. The vehicle is still a salvaged vehicle – as it has a salvaged title – regardless of if the engine was replaced. It’s up to each insurance companies own discretion if they want to offer full coverage. Again, just because it got a new engine – does NOT change the fact that the vehicle is still a salvaged vehicle and holds a salvaged title – the DMV will not change the fact that it holds a salvaged title.

  2. Fred C on Wed, 29th Jul 2009 11:35 pm

    3. Unless you restore the car, bumper-to-bumper, it will have little value except for the engine. As it is, is is worth a few hundred dollars. The new engine will be worth quite a bit, but that does not increase the value of the rest of the car. So, it will be a beater daily driver with a good engine. If you restore it, then you get a certified appraisal of value.

  3. la428282 on Wed, 29th Jul 2009 11:35 pm

    4. The vehicle is and will always be a salvage vehicle… sure, you can get it insured… but if the vehicle ever "totals" again- i certainly hope he doesnt think hes going to get full value- it will get salvage value.

    Now, thats if you get lucky.. if you try to insure it at the same company who totalled it.. i doubt they will allow coverage on it at all.

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