I have a salvaged vehicle is it wise to keep collision insurance?

according to most insurance agencies if your vehicle is in an accident it is valued by kelly bluebook. a salvaged vehicle has no value according to kelly (and others). If that is the case if my car gets totalled would there be any payoff ? Im wondering if I should pay an extra 600 a year for collision if it is not going to do me any good. Thanks in advance|||If the vehicle has been properly restored, gone through body integrity check, and safety check, it is worth the same as it was before the accident, possibly more with new paint, etc. Keep collision on it, unless it has lower value because of age. In other words, if it is a 1985 K-Car, no collision, if it is a 2001 Corvette, keep collision.|||It depends on what the car is worth, how old the car is, and the car's condition. If the car is only worth $1000 then it's not worth the $600 a year for collision. You are better of with just liability. A salvaged vehicle is usually not street driveable.|||Does it now have a salvage title? Is it the same insurance company that totalled the vehicle that is now insuring it with collision coverage? If it is that insurance company are robbing you blind.


They probably wont give you one penny if you crash it up, its hard to believe an insurance company is willing to even sell you collision coverage on that car, knowing they will never pay out one red cent of that coverage.|||no|||It's still going to cost to have the vehicle repaired if you have a crash. Lets say if you rear ended someone, If you don't carry full coverage then they wont repair your car. You cant base it on total value for a fender bender. The insurance company will pay you full book value for a total loss if you have full coverage or they wouldn't insure your vehicle in the first place. Call and talk to them about it.|||Ask your insurance company - some will and some won't. It depends on how well it was restored and whether or not it passes inspection by the insurance company. Usually the same insurance company that paid off on it won't insure it again though.