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

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

    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 ACV in this case, which ...

  3. Vehicle insurance in the United States - Wikipedia

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

    Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...

  4. GAP insurance - Wikipedia

    en.wikipedia.org/wiki/GAP_insurance

    GAP insurance protects the borrower if the car is written off or totalled by paying the remaining difference between the actual cash value of a vehicle and the balance still owed on the financing. [1] GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies and lease contracts ...

  5. What is full-coverage car insurance? - AOL

    www.aol.com/finance/full-coverage-car-insurance...

    Maximum insurance payout 🟰[car's value] [deductible] $2,500 🟰 $3,000 $500 Cost of insurance over 3 years 🟰[annual premium cost] ️[number of years]

  6. Gap insurance in California: what you need to know - AOL

    www.aol.com/finance/gap-insurance-california...

    In insurance terms, a total loss occurs when the cost to repair your vehicle exceeds its depreciated value (also known as actual cash value or ACV). This might happen if your vehicle is: This ...

  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 ...

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