If the value of a vehicle is increased after repairs, such as repainti
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.
ANSWER
Answer: B
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