Insurance

In taking out car insurance, we like to believe that our insurer will always act in our best interests, and would not write-off a client’s vehicle unless they absolutely had to. In truth, however, the interests of the insurer and the insured are not always perfectly aligned and may at times be diametrically opposed to each other. This problem can become particularly perverse when insurers include the salvage value of a vehicle into their decision-making process.