An automobile insurance option, available in some states, that covers the difference between a car’s actual cash value when it is stolen or wrecked and the amount the consumer owes the leasing or finance company. Mainly used for leased cars.
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This page contains a single entry by David published on July 11, 2005 10:24 PM.
FACULTATIVE REINSURANCE was the previous entry in this blog.
HACKER INSURANCE is the next entry in this blog.
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