Why Are Vehicles Issued a Salvage Title?
It’s important to note that not all vehicles are issued a salvage title because of a collision. Although salvage title vehicles are often placed into that category after a collision, there are plenty of other reasons that a car might have a salvage title. Cars that are stolen and then recovered after a claim has already been paid will often be classified as salvage. This can also include cars that are damaged by other means such as floods or fire. For example, a large number of flood-related salvage vehicles came on the market after Hurricane Katrina caused widespread flooding in New Orleans. Less commonly, cars that have been abandoned and are recovered by towing companies can fall in this category as well.
