Indemnity, Glossary and Terms, Automotive, Motorcycle, Boat Dealers

U.S Auto, Moto, Boat Dealers List of United States Automotive, Motorcycle, Boat, Dealers, Service Stations

"Indemnity"

A legal principle specifying that the insured not collect more than the actual cash value of a loss but be restored to approximately the same financial position that existed before the loss.

Auto Dealers glossary and terms by letter

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