How much is it to buy back a totaled car from an insurance company?

I was involved in an accident recently and the damage to my car didn’t seem too severe but the insurance company told me it is totaled. The car has some sentimental value, so I was wondering how much would it would be to buy it back from them.

Jack Walsh · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The cost of buying back a totaled car from your car insurance company depends on the type of vehicle that is totaled and the fair market price for the vehicle in its current condition.
Each situation is unique, but car insurance companies have specific ways to
determine the value of a totaled car
If you are interested in buying the car back, you will need to let your car insurance company know immediately. Once the vehicle has been sold or the claim has been settled, you are unlikely to get the vehicle back.
Keep in mind, even if you successfully purchase the vehicle and can get it running again, it will likely require a salvage title, which can make finding insurance more difficult and more expensive. If you get to this point and need insurance, you should give
a try.
Jerry is an insurance comparison app that shops for low prices with over 50 different insurance companies for free. You will get quotes in seconds, can make changes at any time, and if you ever have any questions, agents are just a text away!
View full answer 
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.

Join 4M+ members in lowering their car insurance

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
Find insurance savings