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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Hodge Insurance Agency
353 Candlewood Lake Rd.
Brookfield, Connecticut 06804
Phone: (203) 792-2323
Fax: (203) 791-2149
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