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What are the betterments of car insurance?

Updated: 8/19/2019
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Wiki User

12y ago

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First let me tell you that the goal of an insurance claim is to put you back into the same condition you were in before the loss occurred. The term betterment is used to describe situations where due to parts availability and such there may be times where you are actually put into a better position than before the incident occurred. A primary example of this is where your vehicle has badly worn tires on it and they are damaged so the insurance company replaces them with brand new tires. As this puts you in a much better position than you were in before the accident you will actually owe the insurance company a small amount for the betterment of the tires. In every case I have ever seen the insurance company is very lenient with this and usually overvalues your tires greatly to help you out.

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