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How Do I Insure Vehicles from a Salvage Auction in Florida?

By Mike Richards Updated: 05/22/2019 Posted: 10/15/2015

Florida residents are like anyone else – they want to find the best possible deals and prices when they are buying vehicles. Many are turning to auctions online to see what types of vehicles are available. A salvage car auction has the potential to help people locate a variety of different types of vehicles for phenomenal prices when compared with buying new, or even with buying used. However, many of the options available through a salvage cars auction have salvage titles, and this can be a turnoff for some buyers, mainly because they don’t know whether they can register and insure them.

In some cases, even though a vehicle may have damage, it might not be enough to become a full salvage title. In those cases, it is possible in Florida to get a salvage re-buildable title for the vehicle. In Florida, the vehicle will always have a note on the title stating that it is rebuilt, and the vehicle will also have a decal that shows that it has been rebuilt.

Florida’s Private Rebuilt Vehicle Inspection Program

After the vehicle bought through a salvage cars auction goes through the rebuild process, vehicles will still need to go through an inspection process via Florida’s Private Rebuilt Vehicle Inspection Program. This process helps to ensure the vehicle is safe and ready for the road and that it has not been rebuilt using any stolen parts. Currently, they have ten offices throughout the state, and each year they inspect around 50,000 vehicles that have been rebuilt.

The offices provide a number of other services to help keep consumers safe. This has helped to reduce the number of rebuilt inspects that would normally have to go through the Department of Highway Safety and Motor Vehicles in Florida.

Getting Insurance for the Vehicle

After receiving your rebuilt title and passing the inspection, you will then be able to register and drive the vehicle, so long as you have insurance. Many people worry that they will not be able to insure their vehicle if it has a rebuilt title. That’s not the case. While you can’t insure a salvage vehicle, after it’s been rebuilt, you will find a number of insurance companies that will provide you with basic coverage needed to get on the road. Not all insurance companies will offer this, but a quick search of companies online should provide you with a number of options to consider.

Something else to note about insurance is the fact that even though a company might offer basic coverage, they may not offer comprehensive or collision coverage. Before you choose a company, talk with them about their policies when it comes to insuring these types of vehicles.

Is a Salvage Vehicle Worth the Time and Trouble?

When you buy from a salvage cars auction, you will often be spending a fraction of the price of buying from a used dealership. Even when you factor in the amount of money that you will need to spend for repairs, inspections, and getting the vehicle on the road, you will find that you can still enjoy some savings. While it may take a little more time, the amount of money saved, as well as the variety of vehicles available through a salvage cars auction can often make up for it.

Buying through a salvage cars auction is a good option for a number of Florida residents. Those who are on a tight budget and who need to have a vehicle that can help them get from point A to point B, as well as those who are looking for a second vehicle will find that it’s a great option. In addition, you can also buy vehicles through these auctions that you will then be able to use for parts when rebuilding or fixing a vehicle you already own. Don’t discount them. See what they have to offer!

Read more on the official Procedures in This State, or on Rebuilt Title Laws for Other US States. Explore our Vehicle Auctions and find info on Buying With Us.