What Amount Would A Person With Actual Cash Value? Actual cash value is equal to the replacement cost minus any depreciation (ACV = replacement cost – depreciation). It represents the dollar amount you could expect to receive for the item if you sold it in the marketplace. What amount would a person with actual cash
Does Insurance Pay For Body Shop Repair Or Insurance Esstimator? The car insurance company is legally required to cover the cost of repairing your vehicle to its pre-loss condition – according to the terms of your insurance contract. They will negotiate with the repair shop to ensure they are getting a fair deal. How do
Can Auto Repair Charge More Than Written Estimate? They can provide a written estimate for the price of labor and parts (final bill must not exceed the estimate by more than 10%) They can provide a written price limit for each specific procedure (final bill for each procedure must not exceed the estimate without the
Can Auto Repair Shops Charge More Than The Estimate? Yes, you can. However, you will still be required to pay the original auto repair shop for its accurate estimate, because they committed a certain amount of time and labor to the teardown process to come up with that accurate estimate. What if repair costs exceed