I’m so sorry to hear about your car.
Your car insurance company has to offer you the actual cash value
of your car. This is how much your car was worth before
the accident. To be deemed a total loss, the repair cost is between 60% and 90% of that actual cash value.
Some states do not allow you to keep a total loss car, but you can ask your insurer to double-check. Let your insurance company know you want to keep your car, and they should give you the steps needed to keep it. This will change the amount of money you would be getting back as they would subtract the deductible and the salvage title amount. A car having a salvage title
means you can’t drive it yet.
Once you fix up your car and the local DMV inspects it, they will determine whether or not it’s safe to drive again. If they do, you’ll be issued a rebuilt title
Rebuilt titles can be harder to insure, but you can use the Jerry
app to compare the top 50 insurance companies, and if you have any questions on insuring your rebuilt car, you can text one of our licensed brokers in the app if you have any questions. The average Jerry driver saves $879 a year on car insurance!