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Insurance Auction
What Is an Insurance Auction?
An Insurance Auction is an auction where vehicles purchased by insurance companies - due to accidents, flooding, or other reasons—are resold through a transparent bidding process. Instead of being scrapped, these cars are made available to buyers at highly competitive prices.
At Auctionwini, we connect you directly to these daily opportunities. Every day, new insurance vehicles are uploaded and ready for bidding.
Why Join?
- Low entry price
- Low entry price gives you a cost-effective way to participate in the bidding.
- Daily opportunities
- New cars are uploaded every day, giving you fresh opportunities to bid and win daily.
- Verified Ownership
- All vehicles come directly from insurance companies, ensuring clear and verified ownership.
How It Works
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01
- Browse Vehicles (Free)
- View the daily car list with limited photos.
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02
- Unlock Full Access
- Activate your membership to see full details and start bidding: Premium Membership : USD 300 to join Super Premium Membership : USD 1,300 to join
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03
- Bid & Win
- Each vehicles usually closes at 9:00 AM and 1:00 PM KST. Once you win a bid, the purchase is final. Please bid responsibly. Other than that, the process is the same as the Rental and Local Auctions.
