Insurance doesn't just flat out take your car. Rather they give you a payout, but you can immediately offer to give part of that back and keep the car. It's generally referred to as "buy back".
I have some slight concerns about my Insight, driving it on slick winter roads surrounded by SUVs and trucks. On paper it's an unpopular 20 year old 2 seat economy car with the better part of 300,000 miles, even if I've put very significant money into it with my modifications.
There are independent insurance companies, often used for modified or classic cars, which allow you to pick your own value. The rates go up proportionally.
Last edited by Ecky; 01-10-2021 at 10:20 AM..
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