Month: December 2021

Taxes and Associated Fees In Acquiring A Replacement Vehicle Are Not Required To Be Calculated As The Automobile’s ACV When Dealing With A Physical Damage Claim

The 6th Circuit Court of Appeals recently held in Wilkerson v. American Family Insurance Co., 997 F.3d 666 (6th Cir. 2021) that ACV meant market value in a standard automobile policy and that market value did not include the taxes and fees that the insured needed to...

Step Down For Crime

The South Carolina Supreme Court recently considered an automobile policy stepdown clause in relationship to criminal misconduct.  In Nationwide Mutual Fire Insurance Co. v. Walls, 433 S.C. 206, 858 S.E.2d 150 (S.C. 2021) an automobile accident occurred as a result of...