The insurance company may "own" it, but most states have a "Insurance Rule" that requires the Insurance companies to offer it back to the insured for what they paid for it plus reasonable interest. Call Right of First Refusal. I'm still waiting for my 1968 Shelby GT500, serial number 00041, stolen in Portland in 1974, to be returned. By the way, 00041 is/was the first 1968 that rolled off the assembly line and I've been told, probably the rarest Shelby Mustang ever made. I am more than willing (and able) to refund to State Farm the $2,450 they paid me for it. The "Complete Story" with a picture of it can be seen at www.Coralsnake.com