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  2. 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 ...

  3. Diminished value - Wikipedia

    en.wikipedia.org/wiki/Diminished_value

    Diminished value can be defined as the difference in the market value of the vehicle before the accident and after the accident when the repairs were completed. Almost always even if the repair was of highest quality, the value of the automobile will still be considerably less than before the accident.

  4. Arkansas car insurance laws: What you need to know - AOL

    www.aol.com/finance/arkansas-car-insurance-laws...

    Accident forgiveness: With accident forgiveness, your car insurance premium will not increase after your first at-fault accident. Keep in mind that most car insurance companies have limits on the ...

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

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

    Dealer retail value: A dealer retail value is the price a dealer will sell your car for after any repairs or modifications have been made. This value will also include a profit margin for the dealer.

  6. Vehicle insurance in the United States - Wikipedia

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

    Understanding the tables: XX/XX/XX = Bodily Injury Limit (per individual)/Bodily Injury Limit (per accident)/Property Damage Limit For example, limits of 25/50/20 means after "an accident each person injured would receive a maximum of up to 25,000 with only 50,000 allowed per accident (ex. 2 people needing 25,000, if the need is more such as 3 ...

  7. Actual cash value - Wikipedia

    en.wikipedia.org/wiki/Actual_cash_value

    In the property and casualty insurance industry, actual cash value (ACV) is a method of valuing insured property, or the value computed by that method. Actual cash value (ACV) is not equal to replacement cost value (RCV). Actual cash value is computed by subtracting depreciation from replacement cost. [1]

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