Insurance Company keeps a Wrecked/Salvage Vehicle
When an insurance company retains a wrecked/salvage vehicle in settlement of a ‘Total Loss’ claim, the insurance company must apply for a salvage title in their name within 30 days of the date of settlement when the vehicle requires a Georgia title.
The following must be submitted electronically to the Department of Revenue:
- Completed and signed Form MV-1S Salvage Title Application.
- Original valid title properly assigned to the insurance company with all recorded liens or security interests properly released.
- $18 title fee and $75 TAVT fee.