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Is subrogation a lien?

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Farmers And Traders Insurance
Is subrogation a lien?, Though technically not a lien at law, "(a)n insurer has the right -to recover, by way of subrogation, for damages that it has been called to pay to an insured under its policy. The subrogation of an indemnity insurer arises by operation of law when it makes payment to the insured, Farmers And Traders Life Insurance Company, Farmers And Traders Insurance
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Farmers And Traders Life Insurance Company

What is the difference between subrogation and a lien?

Category Blog: 
Farmers And Traders Insurance
What is the difference between subrogation and a lien?, Subrogation: A legal technique under common law by which one party steps into another's shoes. ... Most private insurers have rights of subrogation written into their contracts. Lien: A claim, encumbrance, or charge on property for payment of some debt, obligation or duty. The most obvious lien involves a mortgage., Farmers And Traders Life Insurance Company, Farmers And Traders Insurance
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Farmers And Traders Life Insurance Company

What is a subrogation lien mean?

Category Blog: 
Farmers And Traders Insurance
What is a subrogation lien mean?, Subrogation and Liens. Subrogation is the substitution of one party for another whose debt the party pays, entitling the paying party to rights, remedies, or securities that would otherwise belong to the debtor. Subrogation simply means substitution of one person for another., Farmers And Traders Life Insurance Company, Farmers And Traders Insurance
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Farmers And Traders Life Insurance Company

Can my health insurance put a lien on my settlement?

Category Blog: 
Farmers And Traders Insurance
Can my health insurance put a lien on my settlement?, Your private health insurance company may also have the right to place a lien on your injury compensation. If your health insurance paid some or all of your medical bills before your claim is settled, you'll probably have to reimburse them from your settlement proceeds., Farmers And Traders Life Insurance Company, Farmers And Traders Insurance
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Farmers And Traders Life Insurance Company

How do I get rid of my old car?

Category Blog: 
Donate Guide
How do I get rid of my old car?,
Make Money From Your Old Beater Car
  • Sell a working used car. Dmitry Kolanovsky / Shutterstock.com. ...
  • Offer extras with a working used car. ...
  • Don't go overboard sprucing up your car. ...
  • Take extra care if you advertise the car for sale. ...
  • Remove and sell easy-to-access parts from junker cars. ...
  • Sell the rest for scrap metal. ...
  • Sell it to parts pickers. ...
  • Flip a junker.
, Donate a Car, Donate Guide
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Donate a Car

How much do you get for scrapping a car?

Category Blog: 
Donate Guide
How much do you get for scrapping a car?, Prices of around $150 per ton are common, so your average car is usually worth around $300 to a scrapyard. If you're being offered scrap prices for a car that has potential for salvaged parts or even an auction sale, you should negotiate further with the salvage yard, or look for additional quotes., Donate a Car, Donate Guide
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Donate a Car

What do you do with old cars?

Category Blog: 
Donate Guide
What do you do with old cars?,
What do you do with old cars?
If you are in the market for a new car and are wondering what to do with your old clunker, don’t automatically assume you need to buy ads in the classifieds or trade it in.
 
Often times, if your car is fairly old or needs repairs that cost more than the value of your car, the hassle and money loss by using classifieds or trading in your car may not be worth your time or money.
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Donate a Car

How much do Auto Wreckers pay for cars?

Category Blog: 
Donate Guide
How much do Auto Wreckers pay for cars?, Cash for Cars is a Service that most auto wreckers are offering. A process where in exchange for your car you receive money. Here usually you can get from $100 to $10,000 in cash. It is very customer satisfying process when we buy an old scrap vehicle and get them to cash the same day., Donate a Car, Donate Guide
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Donate a Car

Can I sell my car for parts?

Category Blog: 
Donate Guide
Can I sell my car for parts?, Selling your car for parts can be a smart money move if the value of the parts is worth more than the value of your car as transportation. ... That said, selling off your car's parts individually can take a lot longer than selling your car as a whole to someone (or to a junkyard) for its parts., Donate a Car, Donate Guide
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Donate a Car

Is it illegal to sell a car with a rusted frame?

Category Blog: 
Donate Guide
Is it illegal to sell a car with a rusted frame?, While it's not illegal for dealers to sell a vehicle that has suffered frame damage, it is illegal to sell that vehicle without providing a written notice of the damage. Frame damage can reduce a vehicle's value by as much as 30 to 70 percent, and is a major safety hazard for drivers., Donate a Car, Donate Guide
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Donate a Car

Is frame damage on a car repairable?

Category Blog: 
Donate Guide
Is frame damage on a car repairable?, That means that if there is damage to the body, usually there will also be damage to the frame. However, unibody frame damage is much easier to repair in modern vehicles than older vehicles. ... Instead, the damaged section or sections of the frame can be replaced, leaving the undamaged sections of the frame untouched., Donate a Car, Donate Guide
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Donate a Car

How much does frame damage affect value?

Category Blog: 
Donate Guide
How much does frame damage affect value?, Cost of Depreciation - Frame damage is among the most damaging factors when it comes to determining a used vehicle's value. According to The Law Offices of Hovanes Margarian, frame damage can cause a car to depreciate quickly, losing between 30 percent and 70 percent of its market value due to the damage alone., Donate a Car, Donate Guide
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Donate a Car

How much does frame pulling cost?

Category Blog: 
Donate Guide
How much does frame pulling cost?, The average cost of frame straightening is $800. But the cost for straightening the frame on a car or truck is entirely dependent on how severe the damage is and how many hours it will take to straighten the frame out. Generally speaking, the cost of straightening per hour is $100., Donate a Car, Donate Guide
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Donate a Car

Can you drive a car with frame damage?

Category Blog: 
Donate Guide
Can you drive a car with frame damage?, It is possible for a trained mechanic to repair a car that's had structural damage, assuming the cost isn't steep enough to total the vehicle. ... Though damaged sections of a unibody frame can be replaced, driving a vehicle that's undergone structural damage should be considered a safety risk., Donate a Car, Donate Guide
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Donate a Car

Can you drive a car with a bent frame?

Category Blog: 
Donate Guide
Can you drive a car with a bent frame?, You can drive a vehicle with a bent frame if the vehicle is still aligned well and it will drive in a straight line, but at your own risk. If you're in another collision with a bent frame much of the vehicle's strength could be compromised., Donate a Car, Donate Guide
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Donate a Car

Can hitting a curb damage your car?

Category Blog: 
Donate Guide
Can hitting a curb damage your car?, Potential Damage to Your Car - Hitting the curb can damage your car's wheel alignment. ... Damage to your suspension can affect your steering wheel rod, shocks, and also cause the tires to blow out. Hitting curbs can also break or bend your car's tire rods, which connect the wheels to the steering wheel., Donate a Car, Donate Guide
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Donate a Car

Does a bent frame mean a car is totaled?

Category Blog: 
Donate Guide
Does a bent frame mean a car is totaled?, We hear horror stories about older, functioning automobiles being “totaled” simply because the frame is bent or other seemingly minor and hidden damage occurs. ... Typically, cars are considered to be “totaled” when the cost to repair the vehicle is higher than the actual cash value (ACV) of the vehicle., Donate a Car, Donate Guide
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Donate a Car

How many miles is too many for a car?

Category Blog: 
Donate Guide
How many miles is too many for a car?, One rule of thumb to keep in mind, especially when looking at reports like Carfax or AutoCheck, is that 15,000 miles per year is considered to be the industry average. Therefore, if you're looking at a vehicle that is ten years old, it's not unreasonable for it to have 100,000 to 150,000 miles on it., Donate a Car, Donate Guide
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Donate a Car

Is 200 000 miles bad on a car?

Category Blog: 
Donate Guide
Is 200 000 miles bad on a car?, What is considered high-mileage? Typically, putting 12,000 to 15,000 miles on your car per year is viewed as “average.” A car that is driven more than that is considered high-mileage. With proper maintenance, cars can have a life expectancy of about 200,000 miles., Donate a Car, Donate Guide
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Donate a Car

Should I sell my car before 100 000 miles?

Category Blog: 
Donate Guide
Should I sell my car before 100 000 miles?, If you want to sell your vehicle with the least amount of hassle (and for the most money), do it when everything is in good working condition. ... If you've already passed 70,000 miles, it will still be easier to find a buyer if you list your car before the vehicle reaches 100,000 miles., Donate a Car, Donate Guide
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Donate a Car

Is it better to trade in or sell car?

Category Blog: 
Donate Guide
Is it better to trade in or sell car?, The biggest benefit to trading in your car is saving time and the hassle of selling your vehicle by yourself. ... In most states, when you trade-in your car when purchasing another vehicle, you are only required to pay sales tax on the difference between the trade-in value and the price of the new car., Donate a Car, Donate Guide
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Donate a Car

Do you lose money trading in a car?

Category Blog: 
Donate Guide
Do you lose money trading in a car?, It's when you want to sell or trade in your car, even though you still owe more than the vehicle's current value. ... If you're trying to buy a new car while you've paid off less than the value of your current car, you're going to lose money on the deal., Donate a Car, Donate Guide
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Donate a Car

When's the best time to trade in a vehicle?

Category Blog: 
Donate Guide
When's the best time to trade in a vehicle?, You will get the best price when you trade in a car if you trade it before the clock turns over on 50,000 miles. At this point, it should still be operating well and not costing too much in terms repairs. Ideally, trade in when the odometer reads between 30,000 and 40,000 miles for the optimum price., Donate a Car, Donate Guide
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Donate a Car

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