Salvage
Disposal route for total-loss vehicles.
Salvage is the disposal of total-loss vehicles via auction or scrap, recovering residual value for the insurer. ABI categories A–N govern what can be done with the salvaged vehicle.
Related terms
Disposal route for total-loss vehicles.
Salvage is the disposal of total-loss vehicles via auction or scrap, recovering residual value for the insurer. ABI categories A–N govern what can be done with the salvaged vehicle.