Will Farmers Insure a Rebuilt Title?

Last Updated on July 17, 2024

Farmers is one of several major insurers in the United States offering rebuilt title car insurance.

If your car has a rebuilt title, then you could obtain full coverage car insurance through Farmers. In fact, Farmers is one of the few major insurers offering full coverage – not just liability coverage – for rebuilt title vehicles.

Find out everything you need to know about Farmers’ rebuilt title car insurance today.

Key Takeaways:

• Full Coverage Available: Farmers offers full coverage car insurance for vehicles with rebuilt titles, which is not commonly provided by many insurers who only offer liability coverage for such vehicles.
• Higher Premiums and Documentation Required: Rebuilt title insurance through Farmers generally costs 10% to 30% more than standard insurance due to the increased risk. Additionally, Farmers requires a certified mechanic’s statement, original repair estimate, and possibly photos and videos of the vehicle for verification.
• Comprehensive Coverage Options: Farmers’ rebuilt title car insurance can include bodily injury liability, property damage liability, collision, comprehensive coverage, and other state-required coverages, allowing policyholders to customize their insurance package to meet their needs and preferences.

Yes, Farmers Offers Rebuilt Title Insurance

If you have a rebuilt title vehicle, then you can obtain full coverage car insurance through Farmers.

Farmers, like several of its competitors, offers full coverage car insurance even on rebuilt title vehicles. As long as your car has a certified mechanic’s statement and all other paperwork, you can obtain full coverage car insurance, liability coverage, and other insurance coverage for that vehicle through Farmers.

Farmers tends to charge higher premiums for vehicles with a rebuilt title. Additionally, Farmers may require, photos, videos, an original repair estimate, and other evidence before providing you with rebuilt title insurance.

How Rebuilt Title Insurance Works with Farmers

Farmers makes it easy to obtain car insurance for your rebuilt title vehicle.

Here’s how it works:

1. Contact Farmers online or over the phone to receive a quote.
2. Provide Farmers with any applicable paperwork for your rebuilt title vehicle, including a certified mechanics statement and photos or videos of the vehicle, if required.
3. Choose your desired insurance package. Some rebuilt title vehicle owners only need liability coverage, while others want full coverage.

That’s it! Overall, Farmers make it easy to obtain rebuilt title insurance.

Rebuilt Titles vs. Salvage Titles

Rebuilt titles are different from salvage titles:

Salvage titles are given to vehicles considered a total loss after an accident. The cost of repairing the vehicle exceeds the value of the vehicle itself, so the insurer declares it a total loss.

Rebuilt titles are given to former salvage title vehicles that have been repaired. These vehicles have completed repairs to make them safe to drive and operate on public roads.

You can insure a vehicle with a rebuilt title, but you cannot insure a vehicle with a salvage title. No reputable insurer provides salvage title car insurance, although some of America’s largest insurers offer rebuilt title car insurance.

What Does Farmers’ Rebuilt Title Car Insurance Cover?

Farmers’ rebuilt title car insurance covers anything you want it to cover. You can choose state-required minimum limits to legally drive on the road at the cheapest price. Or, you can buy full coverage car insurance for peace of mind.

Farmers’ lets you add the following coverages to your rebuilt title car insurance:

• Bodily injury liability coverage, which is required in virtually all states and covers injuries you cause to other people while driving.
• Property damage liability coverage, which is also required in virtually all states and covers damage you cause to other vehicles and property while driving.
• Collision coverage, which covers the cost of repairing or replacing your own vehicle after a collision.
• Comprehensive coverage, which covers the cost of repairing or replacing your own vehicle after non-accident-related incidents, including house fires, theft, vandalism, and collisions with animals.
• Any other state-required coverages, including personal injury protection, medical payments coverage, uninsured and underinsured motorist coverage, and other required coverages.

Farmers, like all insurers, lets drivers adjust limits. Some drivers want to meet state-required minimums with a 25/50/25 plan, giving them $25,000 of bodily injury liability coverage per person, $50,000 of bodily injury liability coverage per accident, and $25,000 of property damage coverage. Others want greater peace of mind, so they buy a 100/300/100 plan.

Farmers Rebuilt Title Insurance vs. Ordinary Car Insurance

If you have ordinary car insurance through Farmers, then you’ll have a different experience than someone with rebuilt title insurance through Farmers.

Here are some of the differences between rebuilt title insurance and ordinary car insurance:

• Higher premiums. Farmers, like most insurers, charges higher premiums for rebuilt title cars. Typically, drivers pay 10% to 30% more for car insurance because of the higher risk of insuring the vehicle. Rebuilt titles may look the same as vehicles with an ordinary title; however, some have hidden damage or low-quality repairs that increase the risk of a future claim. Insurers charge higher premiums to offset this risk.
• Must provide a mechanic’s statement and original repair estimate. To receive insurance for your rebuilt title, you typically need to provide a mechanic’s statement and an original repair estimate. The original repair estimate shows how much the insurer originally determined it would cost to repair the vehicle after the incident. The mechanic’s statement, meanwhile, verifies all necessary repairs have been completed, allowing you to safely operate the vehicle.
• May need to provide photos and videos. Farmers and other insurers tend to require more visual evidence with rebuilt title insurance. You don’t typically need to provide a photo of your vehicle to Farmers with an ordinary title, but you may need to provide photos and videos for a rebuilt title vehicle. If your rebuilt title vehicle is involved in a future accident, Farmers uses these photos as “before” images to verify pre-existing damage.

Some insurers only offer liability coverage for rebuilt title vehicles. Farmers is not one of those insurers. Instead, Farmers offers full coverage car insurance, allowing you to enjoy the same insurance coverage on a rebuilt title vehicle as you would have on an ordinary vehicle.

Final Word

Farmers, like several of its large competitors, offers rebuilt title insurance across the United States.

If you have a rebuilt title vehicle, then you can obtain a variety of insurance products through Farmers – including liability-only coverage and full coverage.

Contact Farmers or compare quotes online today to ensure you’re paying the best rates for your rebuilt title coverage.