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2. What is the actual cash value of my car? - AOL

   www.aol.com/finance/actual-cash-value-car...

   The actual cash value ... Insurance companies define a car as totaled when expenses to repair the vehicle exceed the car’s value. Many insurance companies will reimburse you for your vehicle’s ...

3. How to file a diminished value claim - AOL

   www.aol.com/finance/file-diminished-value-claim...

   Based on this example, an auto insurer would pay out a maximum of $1,500 for a diminished value claim on this vehicle. However, based on the damage and mileage, the final calculated estimate for a ...

4. Actual cash value - Wikipedia

   en.wikipedia.org/wiki/Actual_cash_value

   Actual cash value is computed by subtracting depreciation from replacement cost. [1] The depreciation is usually calculated by establishing a useful life of the item determining what percentage of that life remains. This percentage multiplied by the replacement cost equals the actual cash value. For instance, imagine a man bought a television ...

5. Vehicle insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Vehicle_insurance_in_the...

   Due to the sharp decline in value immediately following purchase, there is generally a period in which the amount owed on the car loan exceeds the value of the vehicle, which is called "upside-down" or negative equity. Thus, if the vehicle is damaged beyond economical repair at this point, the owner will still owe potentially thousands of ...

6. How to switch car insurance companies: 5 simple steps - AOL

   www.aol.com/finance/how-to-switch-car-insurance...

   With average car insurance rates soaring, it's an ideal time to shop around for a new auto policy. Our step-by-step guide simplifies the process — with money-saving tips on getting the best deal ...

7. Vehicle insurance - Wikipedia

   en.wikipedia.org/wiki/Vehicle_insurance

   Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...