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Submitted 140 days ago...

Cali618

Cali618

New User (1)

Cash out on auto insurance claim?

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Answer 1 / 1 - Submitted 109 days ago...

Marcy12

Marcy12

Beginner (23)

This means to sell your car to the insurance company (due to a car accident or the year of the car (older cars mostly) at blue book value or deprecated value depending on the year of the car.

You basically will receive a check from the insurance company to use on what ever you want to use it for most people use it for down payment on another car.

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Cash out on auto insurance claim?

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