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How do you buy a wrecked car from an insurance company?

I'm a classic car hobbyist, and for the last few months, I've been looking high and low for a 1990 Corvette ZR-1 that I can refurbish. I've heard through the grapevine that I can buy wrecked cars from insurance companies, so I want to start looking there—but I don't know where to start. How do I buy a wrecked car from an insurance company?

avatar
Ben Guess · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The best place to start is by looking at auto auctions!
Unfortunately, insurance companies don’t sell totaled cars directly to buyers. But at an auto auction, you can find:
To find an auto auction, you can:
  • Call a tow yard near you
  • Check your local paper
  • Look online (many of these auctions are fully online nowadays)
However, before you buy a car with a
salvage title
, there are some things that you should know:
  • It is illegal to drive a car with a salvage title, and you cannot be insured until it is converted to a
    rebuilt title
    .
  • Every state is different, so check with your local DMV to determine what safety test your car will need to pass once it is fully restored.
  • A rebuilt title can still be difficult to insure with full coverage, but classic cars are sometimes an exception to this rule.
Once you have the car, the best way to find out about your coverage options is by using free sites like
Jerry
. At Jerry, we do the work of comparing different providers and policies. That way, you can rest assured you’re getting the best coverage possible, and you can focus on getting that Corvette out on the road—where it belongs.
Good luck with the search!
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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