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Today's Terms
Comparative Negligence
Definition:
The percentage of fault shared by each driver in an accident in which both contribute to causing the collision.
Salvage
Definition:
Property taken over by an insurer to reduce its loss.
Vehicle ID No. (VIN)
Definition:
This 17 character number is unique to each vehicle. It identifies characteristics of the vehicle, including manufacturer, year, model, body, engine specifications, and serial number.
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