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Frequently Asked Questions - IAAI.com


Insurance Auto Auctions (IAA) is a leading auto auction company selling all ... ACV - Actual Cash Value (ACV) is the estimated retail value of a vehicle if it .... the public, it does not mean that all inventory is available to be bid on by the public. 5.

Actual Cash Value Versus Replacement Cost ... - Insurance Journal


Jan 11, 2009 ... And insurance agents would be wise to explain the differences ... was that ACV, as used in the policy did not mean fair market value, but rather ...

Tips for Negotiating the Actual Cash Value of Your Car - CarsDirect


Jun 12, 2013 ... Learn about ACV vs. replacement. ... Actual cash value will always be lower than the amount of your car loan, ... Replacement value is an option for car insurance that addresses ... The simple definition of fair market value is "what an interested ... You can use the sale prices offered by the dealerships as an ...

Tips for Filing a Claim After a Serious Car Accident - Edmunds.com


Apr 30, 2009 ... Step 1: Brush up on your car insurance policy, before an accident ... agent and learn what those big terms in the small font really mean. ... Do some research on your own, because the higher your car's ACV, .... But keep in mind that you will have to arrange for the legal dismantling, advertising and sale of .....

What does acv mean in car auctions - Answers.com


What does it mean in a car auction reserve off? No reserve means the seller will accept what ever the highest bid is. If an owner started the bidding with a ...

What Is a Salvage-Title Vehicle? | Edmunds


May 20, 2014 ... Buying a vehicle with a salvage title can be a bit of a gamble, but such cars can ... you paid for the salvage-title car as a starting point in your sale negotiations. .... This, however, does not mean that the car has been completely ...

Car Insurance: What Does Actual Cash Value Mean? - Rosier ...


Jul 21, 2014 ... Paying a claim based on ACV could mean repairing your car with used parts, assuming they are available. But even if an auto appraiser could ...

CoPart (CPRT) - College of Business - University of Illinois


Apr 19, 2007 ... Salvage company arranges for transportation of vehicle to facility and customarily ... repair cost > ACV - salvage value ... Auction: indoor, outdoor, and Internet. Vehicles that can not be sold are recycled at in-house recycling facilities ... Sharpe ratio: a measure of the mean excess return per unit of risk in the...

Total warfare: What to do when your auto insurer totals your car


May 1, 2012 ... Some car insurance companies will total a vehicle if damages are at or above 51 ... require insurance companies to follow the "made whole" doctrine, meaning ... In most states, your car is gone for good once it goes to auction.

When your vehicle is written off - Manitoba Public Insurance


much we can sell your damaged vehicle for. We write off your vehicle by paying its fair market value. Once we've paid you for your vehicle we then auction it and  ...