Sentences with phrase «cash value of the vehicle»

Coverage is primary when renting for business purposes and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.

Coverage is primary and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

Salvage or Total Loss of Vehicle: Any vehicle that has ever been issued a «salvage» title or similar title under any state law or has ever been declared a «total loss» or equivalent by a financial institution or insurer, such as by payment for a claim in lieu of repairs because the cost or repairs exceeded the cash value of the vehicle.

Guaranteed Asset Protection (GAP) with Auto Advantage covers the difference between the cash value of your vehicle at the time of theft or total loss and what you actually owe on your loan.

To calculate your current gap you'll need to determine the total amount you owe your leasing or financing company, the actual cash value of your vehicle, and your insurance deductible.

To calculate a total insurance loss and receive a fair settlement from the insurance company, you need to research the actual cash value of the vehicle and provide documentation supporting your research.

An automobile, according to Maine's Bureau of Insurance, is often considered a total loss if the cost to repair the vehicle is 75 percent or more than the actual cash value of the vehicle.

Car Replacement Assistance (CRA) pays 20 % — in addition to the actual cash value of the vehicle — if your car is totaled.

If a car you rented gets damaged in an accident, Visa will pay up to the actual cash value of the vehicle for the resulting damages.

Coverage is primary and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

The coverage provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

«Auto Rental CDW is primary coverage and provides reimbursement up to the actual cash value of the vehicle as it was originally manufactured»

With the United MileagePlus Explorer & Club cards, you're covered for all costs up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

Coverage is primary when renting for business purposes and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

Meanwhile, your auto insurance policy only pays the actual cash value of the vehicle you crashed.

Gap insurance for a new vehicle pays the difference between the actual cash value of the vehicle and the amount left on your car loan if your vehicle is totaled.

Since the comprehensive coverage benefit is usually limited to the cash value of your vehicle, one way to lower auto insurance premiums is to raise the deductible or not carry comprehensive coverage on an older car.

That means the whole actual cash value of your vehicle may not be covered.

If your vehicle is declared a total loss, then the insurance company must replace it with a comparable vehicle or pay the actual cash value of your vehicle.

Your insurer only pays for repairs or actual cash value of your vehicle if it is totaled — not replacement cost.

Auto loan or lease coverage Covers the difference between the unpaid amount on the loan or lease and the actual cash value of the vehicle, if your vehicle is a total loss after an accident

The actual cash value of a vehicle is the fair market price of the vehicle if it was offered for sale in your local area.

In the case of an automobile that is totaled in an accident, for example, the insurance company would typically pay the actual cash value of the vehicle after determining its replacement cost and subtracting factors such as depreciation and wear and tear.

If you then totaled the car without having gap coverage, you wouldn't have any coverage on the additional amount you owe on the lease because the regular insurance premium would only cover the cash value of the vehicle.

Logan car insurance collision protection insures the covered vehicle against crash damage up to the cash value of the vehicle, less deductible.

GAP insurance may be required if you're leasing a vehicle: it protects the owner of the vehicle in the event of damage or theft of the vehicle — including the difference between the current cash value of the vehicle and the amount still owed by the driver.

Anytime you have a total loss situation, more likely than not, your vehicle compensation will be awarded based on the Actual Cash Value of your vehicle.

If you have this coverage, then you'll get paid for the book value or the actual cash value of the vehicle before its collision with an object or any other vehicle.

If the vehicle is stolen or considered a total loss after an incident, the maximum amount you would receive is the actual cash value of your vehicle, minus the deductible you have for comprehensive coverage.

You can determine the actual cash value of your vehicle from a Blue Book type guide before deciding whether comprehensive car insurance is worth it.

You only receive the actual cash value of the vehicle, and the insurer takes the car.

Auto lease gap coverage applies if a vehicle you lease long - term has sustained a total loss, and the amount you owe on the lease exceeds the actual cash value of the vehicle.

You'll receive the determined actual cash value of the vehicle, minus the deductible you chose when insuring it, as well as any applicable state taxes and / or fees.

An important note to consider is that insurance policies only cover the actual cash value of a vehicle if it is totaled or stolen.

Insurance companies will make their own evaluation of the Actual Cash Value of the vehicle and try to settle for that amount.

Comprehensive insurance is limited to the actual cash value of the vehicle, and may or may not have a deductible, which is the amount you'll need to pay before receiving benefits.

Collision coverage is limited to the actual cash value of the vehicle, and requires a deductible, which is the amount you'll need to pay before receiving benefits.

To calculate your current gap you'll need to determine the total amount you owe your leasing or financing company, the actual cash value of your vehicle, and your insurance deductible.

The limit on comprehensive coverage is typically the actual cash value of your vehicle.

Car Replacement Assistance (CRA) pays 20 % — in addition to the actual cash value of the vehicle — if your car is totaled.

You are responsible for paying your deductible first, and then the insurance company will pay for the cost of the repairs or pay the cash value of the vehicle under your collision coverage.

After your deductible, your comprehensive or collision insurance should cover the cash value of your vehicle, or $ 5,000.

Your vehicle will either be repaired or the actual cash value of your vehicle will be paid out in the case of a total loss.

If the vehicle is stolen or considered a total loss after an incident, the maximum amount you would receive is the actual cash value of your vehicle, minus the deductible you have for comprehensive insurance coverage.

The amount of replacement coverage is limited to the actual cash value of the vehicle insured, minus the policy deductible.

If the damages outweigh the value of your car, your insurer will pay you the cash value of your vehicle.

Don't confuse the actual cash value of a vehicle with the replacement cost.

What's the actual cash value of the vehicle?

Typical collision coverage provides payment up to the actual cash value of the vehicle, less deductible.

Not exact matches

If you have any valuable assets (i.e. inventory, equipment, vehicles, electronics, property, contracts, pending invoice payments, etc.) you may be able to sell some of these at market value to generate quick cash, or use them as collateral in obtaining a secured loan.