Insurance Buy Back Option Access

: The DMV will likely issue a salvage title . You must typically repair the car and pass a safety inspection to get a "rebuilt" title for road use. Pros & Cons :

When an insurer declares a car a "total loss," they usually take ownership and sell it for scrap. A buy back allows you to keep the vehicle by deducting its salvage value from your settlement payout. : insurance buy back option

: Potential to save money if repairs are cosmetic, keeping a car with sentimental value, or selling parts yourself. : The DMV will likely issue a salvage title