How Does Vehicle Damage Insurance Compensate for a Totaled Car?
1 Answers
When a car experiences a collision resulting in damage to both the engine and the passenger compartment, it can be defined as a total loss. If the car body has been burned by fire, with the burned area exceeding 60% of the body, it can also be defined as a total loss. Once defined as a total loss, the insurance company will provide corresponding compensation based on the extent of liability.