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Is there a law in North Carolina that the insurance company can't pay you for depreciation of your vehicle after it was damaged by a flood?
Wiki User
∙ 17y ago
I doubt if it is a law, but the terms of the policy you bought. Most do not pay for depreciation, just the damage. You will get the difference between what the car was worth before the flood damage and its value after, less your deductible.
Wiki User
∙ 17y ago
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