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Friday, June 24, 2011

Total Loss & Salvage Vehicles

The recent storms in our area have caused hail and/or wind damage to a large number of motor vehicles. Many people have been informed by their insurance company adjusters that the damage to the vehicle exceeds that vehicle’s worth and therefore is deemed to be a “total loss.” In order for the full auto claim to be paid, a salvage title must be issued.

Below is information gathered from the Ohio Bureau of Motor Vehicles regarding salvage titles, fees and how to apply:
  1. Apply for a salvage title in your name, changing the status of your vehicle from “regular” to “salvage.” To do this you will need your driver’s license or state issued identification and the original title. You may wish to call your local auto title agency to verify the documents you may need.
    Xenia, Ohio Auto Title: 601 Ledbetter Road #B, Xenia OH 45385, 937-562-5055
    Note: The vehilce cannot be operated on the road while evidenced on a salvage title.
  2. Upon completion of the repairs, contact the closest Highway Patrol Inspection Station and make an appointment to have a salvage inspection done (there is an inspection fee). Take any receipts for repairs and new parts with you to the inspection station.
  3. Once the vehicle has successfully completed inspection, take the Form HP106 (which will be given to you at the station) along with your salvage title to any Auto Title Agency and apply for a “rebuilt salvage” title. After all of these steps have been completed, the vehicle is now operable for use on any road.
The local fee for a salvage title is $4.00, plus an affadavit fee of $1.00 if the salvage application has not been completed and notarized.

Salvage inspection receipts can be purchased at any License Bureau for $53.50. You will need this receipt BEFORE you call to make an appointment at the Highway Patrol Inspection Station.

Due to the massive volume of auto-related storm claims, we understand that there is currently a 6 to 8 week wait for inspections. The State Patrol understands that most of the damage from the storm is strictly cosmetic; however, once a title is branded “salvage,” it must be inspected before it can legally be driven on roadways.

You can take the form HP106 and your salvage title to any title office to apply for a rebuilt salvage title. The fee for this title is $15.00, plus $1.00 if the application has not been completed and notarized. The branding, “rebuilt salvage” will follow the vehicle through all subsiquent transactions.

Should you have any questions regarding the inspection, please contact one of the following Ohio State Patrol Inspection Stations:

Miami County:  937-335-6412, 1275 Experiment Farm Rd., Troy OH 45373
Hamilton County:  513-777-5547 9971 Cin-Day Rd., Westchester OH 45069
Hancock County:  419-423-2957 8210 Suite #D, C.R. 140, Findlay OH 45840
Franklin County:  614-644-1667 1583 Alum Creek Dr., Columbus OH 43209

Click here for more information.

Reichley Insurance Agency is committed to excellence.  We pride ourselves on offering our clients reliable coverage and great service.  As an independent Ohio insurance agency, we can provide you with all types of insurance coverage from the top carriers in the country.  Our team of trusted agents will work with you to find a policy that meets your needs - and falls within your budget.
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