The appraisal provision in the Personal Auto Policy is used to determine the
A) value of a loss payable under property damage liability.
B) amount paid for a physical damage loss to the insured's auto if the insured and insurer disagree.
C) amount of auto insurance that should be purchased for an older/antique car.
D) value of the loss payable under the medical payments coverage.
Answer: B
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A) faster service B) lower costs C) higher quality D) greater choices E) None, disintermediation primarily benefits manufacturers.