What happens in the event of total loss of a used vehicle?
• The replacement of a used vehicle means a vehicle that costs no more than the amount paid on the sales contract of the original vehicle (indexed at 5% per year and calculated on a pro rata basis from the date of purchase and the date of the loss). The client will receive a cheque for the amount established by CIME as settlement in order to take possession of the replacement vehicle or vehicles.
Related Questions
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