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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 (ACV) of your vehicle can make or break your insurance claim. ... Edmunds car value appraisal tool enables you to see your car’s value and compare it with other car values ...

  3. How To Find the True Value of Your Car — and What ... - AOL

    www.aol.com/true-value-car-number-means...

    Classic Cars. Calculating the value of a classic car can be tricky because the actual cash value doesn’t reflect what it’s worth in the market. Classic car buyers look at the make and model ...

  4. Actual cash value - Wikipedia

    en.wikipedia.org/wiki/Actual_cash_value

    Actual cash value (ACV) is not equal to replacement cost value (RCV). 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 ...

  5. Total loss - Wikipedia

    en.wikipedia.org/wiki/Total_loss

    Stated Value: a hybrid method where the insurer has the option to pay the vehicle limit listed on the policy declarations page or Actual Cash Value (whichever is less). In most jurisdictions, a decision by an insurer to write off a vehicle results in vehicle title branding , marking the car as "salvage" or (if repaired and reinspected under ...

  6. Agreed value insurance - AOL

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

    Agreed value vs. actual cash value ACV is the standard reimbursement method for a regular car insurance policy. It is the value of your vehicle at the time of a loss, which includes depreciation.

  7. Replacement value - Wikipedia

    en.wikipedia.org/wiki/Replacement_value

    The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...

  8. My 2017 Chrysler was totaled after a tree fell on it during a ...

    www.aol.com/finance/2017-chrysler-totaled-tree...

    My insurer paid me $9,300 in actual cash value — but I still owe $12K on my auto loan. What now? Christy Bieber. ... Used car prices have seen a 19% drop since 2020, ...

  9. 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 ...

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