Arrange payment for the applicable title fee.Obtain any lien release forms, if applicable.Collect the vehicle title from the car owner, if applicable.Complete the Request for Total Loss Title (Form TR-3) document, if the vehicle damages amount to less than 75 percent of its value or if the car’s value is lower than $2,000.Mark the “stolen-recovered” or the “stolen-unrecovered” box, if applicable. Choose the source of the damage, such as water, fire or collision.Mark whether the vehicle was deemed “rebuildable” or “non-rebuildable.”.Fill out the Application for Salvage/Branded Certificate of Title (Form 400-S).To successfully apply for a salvage certificate, insurance agents must complete these steps: Note that, in order to obtain a salvage title, insurance companies will have to submit the necessary paperwork to the state DMV, regardless of whether they acquire the vehicle or the original owner retains it. The application process for getting a car salvage title in South Carolina can be initiated as soon as the corresponding insurance company settles its total loss claim. How to Get a Salvage Title in South Carolina For instance, motor vehicles damaged by fire and water may receive the salvage title brand even if their damages are less than 75 percent of their value. In such cases, however, insurers will follow slightly different policies. Insurance companies also have the option of declaring salvage title cars as total losses even if they cost less than $2,000 or have sustained damages below 75 percent of their actual value. They are not titled as antique vehicles.They are not marked as “non-rebuildable.”.Furthermore, vehicles will only qualify for a salvage certificate if: Auto insurance companies are generally responsible for categorizing a vehicle as a total loss if it sustains damages that exceed 74 percent of its fair market value. The state DMV will issue a salvage title in South Carolina only for motor vehicles that meet the criteria to be declared total loss, thus being marked as salvage. South Carolina Salvage Title Eligibility Requirements
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