Eva Banker
Question: How much does insurance company pay for a totaled car with previously rebuilt title issued?
So I am looking to buy a car with rebuilt title( please dont tell me that I should not buy it, I know all the pros and cons). So lets say I have full coverage insurance and I get in accident and the car is totaled. What kind of money will I get from insurance? Clean trade in value? Clean retail value? Or half of clean trade in? I am just concerned if I should purchase full coverage insurance for it or no. If my monthly premium would cost as much as for clean title car, but I would get only 50% of it in case of an accident, than it does not have sense. Car is Honda Accord with $10000 KBB value and my insurance company is AAA Michigan.
BEST ANSWER: Try this site where you can compare quotes from different companies: INSUREINFO.US