How to Purchase Commercial Insurance for a Total Loss Vehicle After Repair?

[DiPaul]

Total loss vehicles cannot purchase commercial insurance again. A total loss vehicle refers to an insured vehicle that has been completely destroyed or severely damaged, losing its repair value. Additional information: The following are common types of total loss vehicles: 1. Vehicles that have suffered severe collisions, damaging the engine compartment and the passenger compartment; 2. Vehicles where the body has been submerged in water exceeding half of the body height, or where water has entered the passenger compartment; 3. Vehicles where the body has been burned over 60% of the surface area (burned area) and still pose safety hazards after repair. 4. Total loss of a vehicle is divided into two situations: one is actual total loss, meaning the vehicle is completely destroyed and cannot be repaired; the other is constructive total loss, meaning the vehicle can still be repaired, but the repair cost reaches or exceeds the actual value of the vehicle, making repair worthless and unnecessary, thus it can be treated as a total loss.