It depends on various conditions whether insurance would go up or down for an automobile with a salvage title. Because you are insuring a vehicle with a salvage automobile title, it is likely that the bank, financial institution, or insurance company itself may require you to take out a higher than normal premium. Figuring that the salvage title may mean that at any point, damage may occur that is not planned for and may cost thousands to fix. Thus, it is very likely that your car insurance will go up when you put a vehicle with a salvage title on the road. Even if the reason for the salvage title was 4 inches of water in a flooded parking lot.
For more info, see How to Buy a Salvage Title Vehicle