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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. Agreed value insurance - AOL

    www.aol.com/finance/agreed-value-insurance...

    The process of getting agreed value car insurance is slightly different from getting a standard actual cash value (ACV) or stated value policy. You will need to provide a statement of property ...

  4. 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 ...

  5. 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 ...

  6. 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 ...

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

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

    Personal story: How shopping around helped me save with my current insurer. I’d used the same auto insurance company since I got my license at age 18 — first under my parents’ policy, then ...

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