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Refurbished vehicles, or salvaged title vehicles, are those vehicles that were previously salvaged vehicles, but have now been repaired and restored to a good condition. A refurbished vehicle will have a rebuilt title in its history report, and the rebuilt title informs the consumer that the vehicle is refurbished. An inspection of refurbished vehicles is required in most states before they are allowed on the road. Auto insurance is a must for all vehicles, and refurbished vehicles are no exception.

Buying a refurbished vehicle is cost effective, but it must be thoroughly checked before you make a decision to buy one. It would be a good idea to get the vehicle inspected by a good body shop or a certified mechanic. After you have decided on a refurbished vehicle, it is time to hunt for insurance companies that will provide auto insurance for these kinds of vehicles.

Most insurance companies will be willing to provide limited auto insurance coverage for refurbished vehicles. However, due to the higher safety risks in these types of vehicles, some insurance companies might be wary of providing coverage. In order to reduce their risk in providing insurance coverage, some insurance companies will only provide liability coverage for salvage titled vehicles. Liability-only insurance will cover bodily injury and property damage. It might also include uninsured and underinsured motorists’ coverage. Beyond this, very few insurance companies will provide any other type of coverage. Refurbished vehicles will most likely not be eligible for comprehensive and collision coverage, which covers the vehicle from fire, acts of nature, theft and collisions.

Before deciding on a refurbished vehicle, you should speak to an insurance agent and explain the vehicles history and enquire about available coverage options. Because not all insurance companies will be willing to take the risk of insuring salvage title vehicles, you might have to check with many different insurance carriers. In addition, because the coverage options for salvaged vehicles are limited, you might have to go with whatever is offered. If you are unable to find a policy that is satisfactory, you might want to rethink your decision to buy the vehicle.

There are many factors that must be considered before buying a refurbished vehicle. Not only should you do a thorough check of the condition and the history of the car, you should also check about the risks that the vehicle might pose to you and to others. Because auto insurance for refurbished vehicles is not that easy to come by, it would be a good idea to at least settle for limited insurance. After all, some coverage is better than no coverage.