When damages to a vehicle exceed the actual cash value. In a loss covered by insurance, the insurance company would normally make a payment equal to the vehicle's actual cash value and would retain the salvage rights (i.e., keep the 'totaled' vehicle).
Other users also searched for some of the following glossary words.
2073 Valleydale Road
Birmingham, Alabama 35244
Phone: (205) 988-3444
1607 South Martin Street
Suite 4
Pell City, Alabama 35128
Phone: (205) 884-3444
2007 High School Rd
Hueytown, Alabama 35023
Phone: (205) 491-3456
Powered By: Confluency Solutions