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To value the total loss vehicle of the current model year an insurer MUST pay the reasonable purchase price of a new identical vehicle and
To value the total loss vehicle of the current model year an insurer MUST pay the reasonable purchase price of a new identical vehicle and may
A add an allowance for electronic options destroyed in the accident
B deduct an allowance for tire wear on a prorated basis
C deduct an allowance for depreciation based on mileage incurred by the total loss vehicle
D add an allowance for interior leather upgrades to the upholstery and dashboard of the vehicle
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