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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. Car depreciation: What it is and how it works - AOL

    www.aol.com/finance/car-depreciation-works...

    Depreciation can reduce your car’s value by between 10 and 15 percent each year. ... No single auto insurance company is the best for every driver. Some companies with cheap average rates score ...

  4. 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 ...

  5. Learn How Car Depreciation Is Calculated and Why It's ... - AOL

    www.aol.com/learn-car-depreciation-calculated...

    Car depreciation rates are linked directly to the car's overall condition. Whether it's mechanical issues, interior wear and tear, or its exterior appearance, the more you do to keep it looking ...

  6. Diminished value - Wikipedia

    en.wikipedia.org/wiki/Diminished_value

    On July 15, 2014, a policyholder in Washington state filed a proposed class action lawsuit in the Superior Court of Pierce County seeking diminished value insurance benefits under their automobile insurance policies. The insurance company filed a notice to remove the lawsuit to federal district court on August 20, 2014. The case is titled ...

  7. Replacement value - Wikipedia

    en.wikipedia.org/wiki/Replacement_value

    If insurance carriers honestly determine replacement cost, it becomes a "win-win" for both for the carriers and the customers. However, when a replacement cost determination is made by the carrier (and, perhaps, its third party expert) that exceeds the actual cost of replacement, the customer is likely to be paying for more insurance than ...

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