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It depends. The laws on salvage titles and rebuilt or restored titles will vary based on your state. The best way to determine whether you need to apply for a rebuilt title in order to drive your ...
When an insurance company deems your vehicle a total loss, you may receive a salvage title. This car title indicates that your vehicle has been badly damaged, usually after a major auto accident.
In the state of Michigan, the issuance of a salvage title does not mean that the vehicle is also deemed a total loss. [6] Michigan issues a salvage title when the damage equals 75-90% of the pre-damage value; if the loss is 91% or greater the vehicle is eligible only for a "scrap" title, which cannot be subsequently upgraded by any means.
Liability insurance in Arizona. Arizona law requires all drivers to carry a minimum level of liability coverage. Every driver has to carry at least $25,000 in bodily injury liability coverage per ...
Even once rebuilt and inspected, a branded vehicle must retain a permanent record of its traumatic past. Vehicle title branding is the use of a permanent designation on a vehicle's title, registration or permit documents to indicate that a vehicle has been written off due to collision, fire or flood damage or has been sold for scrap.
UCC Insurance generally insures the attachment, perfection and priority of security interests in personal property. UCC Insurance is utilized for transactions described in Article 9, "Secured Transactions", of the Uniform Commercial Code,"UCC". All of the larger land-title insurance companies now offer various versions of UCC insurance.
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It is based on the McClure family, who run Desert Valley Auto Parts in Phoenix, Arizona. The show's main characters, Jason and his father Ron, restore classic cars on a limited time-frame; restorations are usually given until their next auction. The operation houses more than 10,000 rust-free vehicles on more than 100 acres of dry Arizona land.