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What is a conversion package on an SUV for insurance?
A conversion package on an SUV modifies the vehicle’s specifications. Modifications in a conversion package can include aesthetic changes, performance enhancements, or functionality upgrades. Insurance companies view conversion packages as alterations to the original manufacturer’s specifications. Contents: Understanding Conversion Packages and Insurance Implications Additional Equipment and Custom Features Evaluating Insurance Premium Adjustments Documentation and Verification…
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What does ‘pended’ mean on an insurance claim?
‘Pended’ on an insurance claim signifies a status. This status implies that the insurance company is in the process of investigating the claim. The purpose of this investigation is to determine the claim’s validity. Contents: Understanding the Status of ‘Pended’ in Insurance Claims Navigating Through the Insurance Claim Process How a ‘Pended’ Status Affects Your…