Step-by-Step Guide: Why Insurance Companies Deduct Salvage Value
The blog decodes insurance companies deducting salvage value in claims, detailing the step-by-step process and the strategic role of deduction in cost management. It explores challenges, factors influencing salvage value, and the evolving insurance landscape. Emphasizing the importance of policyholder awareness, the conclusion highlights how understanding salvage value equips individuals for transparent and informed claims navigation.