Quote:
Originally Posted by Unobtanium-inc
I asked one of the old salvage guys one time about stolen cars that were found not stripped and he said he talked to the cops about it once and apparently the thieves would park them on normal roads or a parking garage for a few days after they stole them to make sure they didn't have Lo-Jack, before they brought them back to their lair for stripping, a cooling off period, as it were. But every once in a while the car was found during this period and since it was already reported stolen the cops scooped it up.
---Adam
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It's unlikely that the insurance company would have paid off the owner in the week or two since it was stolen.
The likelihood of a salvaged title stolen car sitting long enough to be paid but not accumulate any damages is low.
Salvage and rebuilt titles vary by state so you also need to check what each means in whatever state the vehicle has been titled in.
Lastly you might also want to consider that some insurance companies will only allow liability coverage.