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AzJose AzJose
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6 years ago
If the value of a vehicle is increased after repairs, such as repainting an entire auto when only one fender or door is damaged, the insurer will not pay for the increase in value. Another name for the increase in value is
A) diminution.
B) betterment.
C) appraisal.
D) subrogation.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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6 years ago
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AzJose Author
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#2
5 years ago
Correct and thanks!
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