What’s a salvage title?

A salvage title is a type of vehicle title that is issued to a vehicle that has been damaged or declared a total loss by an insurance company. This means that the cost of repairing the vehicle is more than its current value. Once a vehicle is declared a total loss, the insurance company takes possession of the vehicle and issues a salvage title. This title indicates that the vehicle has been damaged and may not be safe to drive. In some cases, salvage vehicles can be repaired and put back on the road, but they may have reduced resale value and may be difficult to insure.