June 15, 2026
faiaadminWhat Is Depreciation and How Does It Affect Your Auto Insurance Settlement?
What Is Depreciation and How Does It Affect an Auto Insurance Claim? After an accident, many drivers expect their auto insurance to pay what they originally paid for their vehicle or what they still owe on their loan. However, most standard auto insurance policies consider the vehicle’s value immediately before the covered loss—not its original […]
