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Insurers use actual cash value, which takes into account depreciation and other factors, to determine how much they’ll pay if ...
which is the same metric used to determine if the car is a total loss. The ACV of the car is determined by its pre-loss market value, less depreciation from when it was new. Ultimately, the ACV of ...
The next and last time you see your car is when you gather your personal items before it’s towed away to the big junkyard in the sky. But this sad story of total loss can have a happy ending.
In the complex landscape of insurance technology, Sasibhushana Matcha's development of an automated total loss valuation ...