Salvage Bidding
The online salvage bidding portal allows you to buy any salvages in the convenience of your home. General Alliance will award the highest bidder first priority to make purchase.
The Bidding Process:
1. Review list of available salvages
Review our catalogue to look at available salvages that you can bid on.
2. Submit a bid on your preferred salvage
After finding a salvage(s) you like, proceed to place a bid on it. You will be presented with the highest bid submitted since bidding opened. You are to place a bid higher than current highest bid for it to be considered.
3. Track submitted bid, re-submit higher bid
honoring our commitments and being honest and fair in all ourdealings
4. Wait for bidding to close
If you feel you have reached your bid limit on a particular salvage, sit back and hold your bid close to your chest while you wait for bidding to close.
5. Bid closure
Once bidding closes, the highest bidder will be contacted via email and text upon which they will liaise with Madison General on settlement and collection.
6. Disclaimer
General Alliance Insurance is not obliged to accept the highest bid and reserves the sole right to choose who will be awarded the salvage without offering any explanation.