Insurers use actual cash value, which takes into account depreciation and other factors, to determine how much they’ll pay if ...

In the complex landscape of insurance technology, Sasibhushana Matcha's development of an automated total loss valuation ...

Leased or not, when a car is deemed a "total" loss, the cost of repairs exceeds a reasonable percentage of the car's value, and the vehicle will be declared a total loss. The insurance company will ...