What does the insurer commonly do with salvaged property?

The insurer commonly opts to repair and resell salvaged property because this approach allows them to recoup some of the losses incurred from the initial claim. When property is damaged, the insurance company may choose to salvage the asset instead of writing it off completely, which can be financially beneficial. By making repairs, they can restore the property to a sellable condition, thus maximizing their return on investment. This strategy not only helps the insurer mitigate their losses but also reduces waste by allowing usable items to re-enter the market, promoting sustainability.

Repairing and reselling salvaged goods can be more profitable than selling them directly at a loss. This choice reflects a standard practice within the insurance industry, where maintaining profitability is crucial. In contrast, the other options either limit potential recovery or do not align with common practices in handling salvaged property.