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Mind Over Matter

When we did our salvage emphasis article in November 2005, we heard via phone and e-mail from a number of adjusters who wanted us to address the issue of proper and ethical disposal of salvage.

By Phil Schreiner | Updated on December 22, 2005

When we did our salvage emphasis article in November 2005, we heard via phone and e-mail from a number of adjusters who wanted us to address the issue of proper and ethical disposal of salvage. Although our article concentrated on the inherent value of steel salvage, respondents pointed out that there is a plethora of other salvage that companies deal with on a regular basis. And that’s where the trouble begins.

Many carriers have instituted policies for “ethical disposal” of all salvage as a result of questionable practices in the past. In the good old days it was not uncommon to conduct in-house auctions of salvage for insurance company employees. What about that slightly smoke-damaged curio cabinet? Or that repairable stereo receiver?

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