What Does Total Loss of a Vehicle Mean?
1 Answers
Total loss of a vehicle refers to the complete destruction or severe damage of the insured vehicle, rendering it beyond repair. In such cases, the insurance company will classify it as a total loss. Here is relevant information about vehicle total loss: Severe Vehicle Damage: When a car experiences a very serious collision, resulting in severe damage to the engine and passenger compartment, it can be defined as a total loss. Vehicle Submerged in Water: In cases of floods or heavy rain where the water level exceeds half the height of the car, it can be defined as a total loss. Another scenario is when external water enters the passenger compartment, which can also be classified as a total loss. Vehicle Burned by Fire: If the car body has been burned by fire and the burned area exceeds 60% of the body, it can be defined as a total loss.