This worked effectively right until 2017, when the ABI amended the classification for the benefit of the motor business, nevertheless it grew to become unrealistic to relate it to caravan salvage.
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“The decision to put in writing off is a harmony of economics. Do the repair fees exceed the insured benefit? That’s muddled if there’s new-for-old protect, rather than current market benefit, particularly if it is actually previous. We take note of any salvage value ahead of we generate it off.
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“The salvage marketplace is very controlled. Promoting to an accredited agent aids making sure that if a van goes again over the road, it's Protected to take action.