This law allows vehicle owners in Virginia to declare their vehicles as nonrepairable by applying for a certificate. Insurance companies are required to obtain nonrepairable certificates for certain vehicles they acquire, such as late model or recovered stolen vehicles, within 15 days of payment. The law also prohibits the titling and registration of nonrepairable vehicles, ensuring they are not re-registered for road use.
Yes, vehicle owners in Virginia can declare their vehicle nonrepairable by applying to the Department with the vehicle's title or salvage certificate.
Yes, insurance companies must apply for a nonrepairable certificate for certain vehicles they acquire, such as late model or recovered stolen vehicles, within 15 days of payment.
No, nonrepairable vehicles are prohibited from being titled or registered for road use in Virginia.
The insurance company must notify the Department if a nonrepairable vehicle is retained by the owner after payment, and must obtain a nonrepairable certificate for the vehicle.