: Potential to save money if repairs are cosmetic, keeping a car with sentimental value, or selling parts yourself.

This is a policy feature where you pay a higher premium upfront to lower or remove the deductible you would owe during a claim. What Is Car Insurance Buy Back? - Scrap Car Comparison

: Tell your insurer immediately that you want to keep the car.

An typically refers to one of two distinct scenarios: reclaiming a totaled vehicle from your insurer or reducing a high deductible by paying an extra premium. 1. Buying Back a Totaled Vehicle (Auto Insurance)