Every year, thousands of vehicles are declared totaled by insurance companies, usually as a result of road accidents or natural calamities such as floods and tornadoes. Regardless of the reason, once a car is declared totaled by an insurance company, it receives a salvage title and can no longer be used on the road. These vehicles end up in insurance auto auctions, where people can buy them at unbelievably low prices, and get them restored to bring them back to life. In this article, we give you an overview of all that you need to know about insurance auto auctions. Read on.
Where to Find Insurance Auto Auctions?
Although insurance auto auctions are held by many salvage yards, the easiest way to participate in them is going the virtual way. Leading auto auction websites such as AutoBidMaster host insurance auto auctions throughout the year, giving buyers an opportunity to buy their favorite vehicles without breaking a sweat. You can shop from wherever you are and hire a shipping company to get your new buy delivered to virtually any location.
What to Expect in Insurance Auto Auctions?
The answer to this depends upon the auction platform you choose. The online auto auctions held at AutoBidMaster, for instance, give you access to the largest auto auction inventory in North America. That means whether you are looking to buy a low-maintenance hatchback or a power-packed supercar, you can find them all in our auctions. That said, it’s important that you inspect the vehicle you want to buy, before you place your bid.
How to Participate in Insurance Auto Auctions?
If you are looking to buy insurance cars for sale, the first step is generally registering at the auction platform. At AutoBidMaster, you can sign up for a free membership without any hassles. All you need to do is provide some basic personal details, or get started by using your Facebook or Google account. After completing the registration process, you will be required to make a fully refundable security deposit to set your bidding power.
Need More Info? Talk to Us
Buying a car through an insurance auto auction can be an extremely rewarding decision, but that said, you have to have the eye to find the right deal, which can be a bit tricky for first-time buyers. That’s the reason why our team of customer support professionals is always ready to help buyers get the most bang for their buck. If you have any questions about our insurance auto auctions or any of the insurance cars for sale featured in our inventory, simply call: +1 (503) 298-4300, Monday through Friday, 4:00 AM to 4:00 PM (Pacific Time), or email at: hello@autobidmaster.com and we’ll take it from there.
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