Home/2016/July

What is a Salvage Title?

By |2020-05-16T09:47:14-04:00July 31st, 2016|Categories: Titles|Tags: , |

When a vehicle incurs some type of loss event such as major damage, theft, or repair, the title may be designated as a salvage title. The decision to place a title in salvage status is normally made by the insurance company who pays a claim on the vehicle. In some states there are statutory regulations [...]

What is a Certificate of Destruction?

By |2020-09-14T08:19:05-04:00July 31st, 2016|Categories: Titles|

When an insurance company has paid a claim for a vehicle and taken ownership from the insured, they have the option of processing the title as a certificate of destruction. In this case the vehicle is intended to be destroyed and never to be used on the road or registered. It is unlikely that a vehicle [...]

What is a Bonded Title?

By |2018-09-05T10:48:31-04:00July 31st, 2016|Categories: Titles|

Obtaining a vehicle title when there is serious deficiency in the ownership documentation can sometimes be done using a bonded title. In this process, a security bond is purchased equalling the amount of the value of the vehicle. This bond covers any claims in the event that a valid claim to the vehicle comes forward [...]

How much does a vehicle title recovery cost?

By |2019-10-09T13:41:27-04:00July 27th, 2016|Categories: Titles, Videos|

In this video, we will discuss the various costs for getting a replacement car title. While the fees do vary by state and the method of title recovery, CarTitles.com will do your preparation for one low flat fee! Don't waste your time at the DMV. Don't waste your money on some fly-by-night title service. We will get [...]