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Loss of Use

Also known as: rental reimbursement

Loss of Use coverage reimburses you for the cost of a rental vehicle while your car is being repaired or while a total-loss claim is being settled. Daily and total caps vary by policy.

Related terms

Actual Cash Value (ACV)
Actual Cash Value is the dollar amount your insurance company is required to pay you for a totaled vehicle. ACV represents the price you would pay to buy a comparable used vehicle of the same make, model, year, mileage, and condition in your local market — not the vehicle's original price, replacement cost, or what you still owe on a loan.

Need help with a real total-loss claim?

SecondAppraisal handles the research and negotiation for you. Clients average $3,260 in additional value — $1,000 minimum guarantee or you pay nothing.

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