It's the content that matters...inside out



You are more in friendly hands, Yours!
Put Policy Ensurance by your side.

Rainy Day Go Away
© 2013-2015 APB

The Cat In Your Hat

holding your own


Catch wind of it

Betterment charges for engine components


[ Follow Ups ] [ Post Followup ] [ Policyholder Awareness/Preparedness Forum ] [ FAQ ]

Posted by Steve Bachman on September 04, 1998 at 18:18:29:

AAA Michigan is charging "betterment" for replacement
engine parts (pistons, crankshaft, etc.) I found
something on the internet that refered to WAC 248-30-
390(8) (see http://www.wa.gov/ins/library/96-1.HTML).
It indicates that betterment/depreciation are only
permitted for parts normally subject to repair and
replacement during the useful life of the car. It goes
on to say that the deductions are limited to the "amount
the resale value of the vehicle is increased by the
repair or replacement."
Is that regulation specific to Washington state, or is
it nationwide?

My car is a 10 year old Acura Legend. The pistons and
crankshaft are not normally subject to repair and
replacement. In any case, since the engine has only
59K miles, the new parts do not add to the market value
of the car. The engine already had far more useful
life than the rest of the car.

Please let me know your thoughts. Thanks.

Policyholder Resources


Follow Ups:



Post a Followup

Name:
E-Mail:

Subject:

Comments:

Optional Link URL:
Link Title:
Optional Image URL:

Policyholder Resources


[ Follow Ups ] [ Post Followup ] [ Policyholder Awareness/Preparedness Forum ] [ FAQ ]
About DisasterPrepared.net

© 1991-2011 Antone P. Braga