Question: Does Farm Bureau insure rebuilt titles?
Answer:
Farm Bureau Insurance sells liability insurance for vehicles that have rebuilt titles, but you’ll need to contact a Farm Bureau Insurance agent in your area for details about coverage options.
How rebuilt titles affect auto insurance coverage
If you own a vehicle with a rebuilt title, you might run into problems finding certain auto policies for your car. You might also face higher premiums.
Car insurance policies
Some car insurance companies, like Farm Bureau, offer basic liability coverage for cars with rebuilt titles. Basic liability includes bodily injury liability and property damage liability. Car insurance providers are unlikely to provide anything more than that, though.
This is because rebuilt title cars are risky. A car that has been seriously damaged in the past might run into mechanical issues that could cause an accident in the future. So writing full coverage insurance policies, which include comprehensive coverage and collision coverage, for rebuilt titles isn’t a logical choice for most insurance providers.
A rebuilt title car is also unlikely to be eligible for optional coverages, such as rental car reimbursement, replacement cost coverage, and roadside assistance.
If you want to know if Farm Bureau will provide insurance coverage that is legally required in your state, such as uninsured motorist coverage, it’s best to contact a local agent.
Insurance costs
It may also be more expensive for you to insure your rebuilt title car. Since there is a higher risk of your car causing an accident, insurance providers typically charge more for your policy.
You might also face higher premiums because a lot of car insurance companies do not sell policies to owners of rebuilt title cars. Since there isn’t a lot of competition, car insurance providers that do offer policies to owners of rebuilt title cars can charge more
Hillary Kobayashi is an insurance writer and editor specializing in insurance and finance topics. Hillary’s mission is to use her knowledge and love of education to help car owners better understand how they can save time and money on car ownership. The articles Hillary has published for Jerry span topics from state-specific bill of sale requirements to SR-22 insurance information. Prior to joining Jerry, Hillary spent over ten years in education at Pacific University and the University of Oregon.
Kevin Berry is the Senior Director of Content at Jerry and has been working in the digital content space since 2011 across the car insurance/repair, personal finance, travel and sports industries. Prior to Jerry, Kevin was a content team lead at NerdWallet overseeing the Multimedia Production and Travel Rewards teams. Previously, he worked for NBC Sports, Comcast Cable and Nike. He has a Master`s Degree from Arkansas State and a Bachelor`s from Oregon State University.
