When you file a claim after an accident, the insurer assesses the current value of your vehicle to determine the settlement amount. This is where car insurance depreciation becomes crucial. The older your car, the more its value has depreciated, which means you might receive a smaller payout. For example, if your vehicle was worth $30,000 when you bought it and has depreciated to $18,... https://virtualcollisionappraisals.com/vehicle-depreciation-appraisal-guide/