Quote:
Originally Posted by Snowman
Yes, the insurance company would just turn around and auction them off again if they were to take ownership by paying out on a claim and then later recovering the assets.
But I'd wager good money that they won't be consigning them to Memory Lane lol
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Absolutely, most insurers' claims dept. have a salvage unit which does nothing more than dispose of assets recovered after they have paid the claim. Disposition can be anything; auctions, private sales, charitable contributions etc.