35 Miss. Code. R. 7-06-05-200
In the event an insured motor vehicle becomes a total loss and the insurance company becomes the owner of the motor vehicle and subsequently sells this vehicle to a salvage or junk dealer, the vehicle is considered as salvage and ceases to be a motor vehicle. The original title should be forwarded by the owner, properly filled out and signed, to the Department of Revenue along with the vehicle identification plate. If, on the other hand the vehicle is to be repaired, it would be brought within the definition of a motor vehicle. When the motor vehicle status has reached state of repair, the previous title must be attached to the application for certificate of title and properly assigned to the new owner. This, of course, would not be the insurance company because it would have surrendered all claims to said vehicle.
35 Miss. Code. R. 7-06-05-200