An Insurance buy-back is another way to sell you a rebuilt salvage with a clean title when you buy a used car. An insurance buy-back means that the car was totaled after an accident but it never was owned by the insurance company. Instead, it was offered back to the owner for a small percent of the settlement value. In this case the owner becomes fully responsible for its repairing up to roadworthy condition and having it inspected by a highway patrol or other state authority in charge. An insurance buy-back is not assigned a salvage title because it was not owned by the insurance company.
The current state of the car, its safety and performance depend on the seller’s conscience and the qualification of the mechanic who repaired or rebuilt it.
Run VIN number check and get vehicle history report to reveal the truth about the car’s past.** If the report shows that the car was in a severe accident and yet retained a clean title, that could happen because of the insurance buy back program. You may search for another car in this case or ask a trusted expert to inspect the car to make sure the repair was done properly and the car is safe.
VIN number check searches a database of 850 Million records and gets detailed vehicle history report in a matter of seconds. It protects against many other hidden problems of a used car used car, for example odometer rollback, salvage title or a flood damaged car. Consider vehicle history report before you buy a used car if you want to avoid an insurance buyback and other troubles.