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).
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William Hajj Insurance Agency
36 Mill Plain Rd.
Danbury, Connecticut 06811
Phone: (203) 748-5346
Fax: (203) 798-6392
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