Meaning Total loss
What does Total loss mean? Here you find 67 meanings of the word Total loss. You can also add a definition of Total loss yourself

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Total loss


A loss of sufficient size that it can be said no value is left. The complete destruction of the property. The term also is used to mean a loss requiring the maximum amount a policy will pay.
Source: ambest.com

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Total loss


Total loss occurs when an asset (such as your home)is so badly damaged that it is beyond economic repair. Depending on the terms of the insurance policy, a total loss will usually attract the maximum [..]
Source: understandinsurance.com.au

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Total loss


Typically, a total loss refers to property with damages totaling more than 75% of its entire value. Generally, a total loss property is more expensive (or simply too unsafe) to repair than the propert [..]
Source: farmers.com

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Total loss


A vehicle is generally declared a total loss when the cost to repair a vehicle is close to or exceeds its actual cash value. Or, some states may mandate for a lesser amount such as when the cost to be repaired is 75% of the vehicle's actual cash value.
Source: allstate.com (offline)

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Total loss


We decide it’s uneconomical or unsafe to repair your vehicle or your caravan considering: your sum insured as shown on your Certificate of Insurance its market value the amount the repairs will cost a [..]
Source: racq.com.au

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Total loss


see loss
Source: dictionary.findlaw.com

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Total loss


Property that has sustained damage so extensive that repairing it is not reasonable. A vehicle is considered a total loss if it cannot be repaired safely, if repairing the vehicle is not economically [..]
Source: geico.com

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Total loss


Any loss of sufficient size where there is nothing left of value of the property.
Source: autotrader.com

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Total loss


This is when an Insurance Company deems a vehicle to be beyond economical repair. Otherwise known as ‘Written Off’.
Source: hughesinsurance.co.uk (offline)

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Total loss


If vehicle is stolen and not recovered or repairs for damage are considered to not be economical.
Source: auspost.com.au (offline)

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Total loss


After a car accident, a vehicle is considered to be a total loss when it cannot be repaired, or when the cost of the repair would exceed the fair market value of the car itself. Typically, when a car [..]
Source: myhoustoninjuryattorneys.com

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Total loss


Also known as a write-off. This is where a car is damaged to such an extent that it's not worth repairing.
Source: johnlewis-insurance.com

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Total loss


A term used by some insurance companies to describe a collision or other damage claim where the claim amount was equal to or greater than the full market value of the vehicle, and/or the vehicle’s str [..]
Source: carproof.com

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Total loss


Insurance companies use this term to describe a vehicle that requires repairs in excess of 75% of the vehicle’s original value before an accident. In some cases, an insurance company will take the vehicle instead of allowing it to go to salvage, though this depends on the company and the specific nature of the damage. If the phrase “total loss” com [..]
Source: oldjunkcar.com (offline)

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Total loss


 The condition of an automobile or other property when damage is so extensive that repair costs would exceed the value of the vehicle or property.
Source: carinsurance.com

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Total loss


In the event of a ‘total loss’, this will usually mean that we will consider the insured vehicle is uneconomical to repair following an accident, fire or theft.
Source: lifesure.co.uk

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Total loss


A claim requiring the replacement of a vehicle since repair costs exceed the actual cash value of the vehicle
Source: plymouthrock.com

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Total loss


Insurers will describe a vehicle as a total loss if they think that it is beyond repair, or not worth repairing, financially.
Source: hpicheck.com

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Total loss


The cost to fix a vehicle would be more than it’s worth.
Source: americanautoinsurance.com

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Total loss


A vehicle is considered a total loss when the collision, fire or water damage is so extensive that repair costs would exceed the value of the vehicle.  Depending on the state in which the vehicle is insured, a total loss may be defined differently. For example, in some states a total loss may be equal to the vehicles Actual Cash value (ACV) while i [..]
Source: collision.honda.com (offline)

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Total loss


When your property has been damaged to an extent that we don’t think it can be economically or safely repaired.  
Source: aainsurance.co.nz

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Total loss


A phrase used in the event of a claim when the insurer thinks the cost of repairing your car will be more than the cost of replacing it.
Source: 4youngdrivers.co.uk

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Total loss


A full payout of claims for any single policy.
Source: 4autoinsurancequote.com

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Total loss


If the cost to repair a wrecked car is more than 75 percent of its actual cash value at the time of loss, the vehicle could be deemed a total loss. When this happens, the insurance company generally pays the policyholder a monetary amount that equals the total value of the damaged property before the accident, as determined by an adjuster.
Source: esurance.ca (offline)

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Total loss


Automobile or property damage sometimes requires more money to repair than the value of the vehicle or the property involved. Because repair costs would exceed the value of the car or property, the lo [..]
Source: nationalgeneral.com

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Total loss


Used in marine insurance to denote that the subject of insurance has been completely lost, or has been so damaged that it is valueless.
Source: crewtraffic.com

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Total loss


The condition of an automobile or other property when damage is so extensive that repair costs would exceed the value of the vehicle or property.
Source: insurancejobs.com

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Total loss


The complete loss or destruction of all the property insured under a particular policy. Under Marine insurance, it is quite common to find a Total-loss-only insurance
Source: tokiomarine.com

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Total loss


A loss of sufficient size that it can be said no value is left. The complete destruction of the property. The term also is used to mean a loss requiring the maximum amount a policy will pay.
Source: clements.com (offline)

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Total loss


A loss of sufficient size so that it can be said there is nothing left of value. The complete destruction of the property. The term is also used to mean a loss requiring the maximum amount a policy wi [..]
Source: gohallam.com

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Total loss


The condition of an automobile or other property when damage is so extensive that repair costs would exceed the value of the vehicle or property.
Source: hanover.com

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Total loss


This can be actual total loss or constructive total loss.
Source: hollisinsurance.com

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Total loss


A total loss is declared when the cost of repairs will be greater than the total current market value of your vehicle or property. Safeco works with an independent company to make this determination. Model, year, mileage, condition, options, school districts, land value, location and your local market area are all factors in deciding if your proper [..]
Source: safeco.com (offline)

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Total loss


Property that has incurred damage to an extent that repair is unreasonable or not economically practical
Source: discoveryinsurance.com

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Total loss


A loss where the cost of repair exceeds the market value of the insured item or where it is uneconomical to repair the item. The Insurer will generally pay the Insured the replacement or indemnity value of the damaged item limited to the total sum insured under the contract.
Source: icnz.org.nz (offline)

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Total loss


Total Loss – this can be actual total loss or constructive total loss. In hull insurance it may include arranged or compromised total loss.
Source: aisinsurance.com.au

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Total loss


A loss of sufficient size so that the property cannot be economically repaired or it can be said there is nothing left of value. The complete destruction of the property. The term is also used to mean [..]
Source: aisinsurance.com.au

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Total loss


Complete destruction of insured property. Also, a loss is a total loss when there is nothing substantially remaining which could be used as a basis of restoring the whole.
Source: reliance.bc.ca (offline)

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Total loss


A loss of sufficient size such that it can be said there is nothing left of value. The complete destruction of the property. The term is also used to mean a loss requiring the maximum amount a policy [..]
Source: ona.ca

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Total loss


Where the subject of the insurance is either lost, destroyed or damaged beyond repair.
Source: insurefortravel.co.uk

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Total loss


The condition of an automobile or other property when damage is so extensive that repair costs would exceed the value of the vehicle or property.
Source: donegalgroup.com

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Total loss


The boat is completely lost…stolen and not recovered, sunk and not found or salvaged.
Source: boatus.com (offline)

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Total loss


A loss of sufficient size so that it can be said there is nothing left of value. The complete destruction of the property. The term is also used to mean a loss requiring the maximum amount a policy wi [..]
Source: rsagroup.ca

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Total loss


(also called constructive total loss
Source: houselogic.com (offline)

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Total loss


  A loss where the cost of repair exceeds the market value of the insured item or where it is uneconomical to repair the item. The Insurer will generally pay the Insured the replacement or indemnity v [..]
Source: help.trademeinsurance.co.nz

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Total loss


Property that has sustained damage so extensive that repairing it is not reasonable. A vehicle is considered a total loss if it cannot be repaired safely, if repairing the vehicle is not economically practical, or if state regulations require us to consider it a total loss.
Source: insurancesolutionpros.com (offline)

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Total loss


A loss of sufficient size that there is no value left — such as a building that is destroyed by wind or fire.
Source: churchmutual.com (offline)

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Total loss


When a vehicle loss is considered a total loss the cost to the insurance company to repair the vehicle/property is more that the actual value of the property in its current condition.
Source: insuringchicago.com (offline)

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Total loss


if the total cost of repair exceeds the value of the vehicle, it is a total loss. Most insurance companies will total a vehicle at 70-80% of value.
Source: europeanmotorcarworks.com (offline)

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Total loss


The condition of an automobile or other property when damage is so extensive that repair costs would exceed the value of the vehicle or property.
Source: iii.org

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Total loss


A loss of sufficient size so that it can be said there is nothing left of value. The complete destruction of the property. The term is also used to mean a loss requiring the maximum amount a policy wi [..]
Source: mbcfinancial.ca

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Total loss


When damage to a vehicle is: So severe that it cannot be repaired safely, or Repairing the vehicle is not economically practical, or State law deems the vehicle unrepairable based on the amount of damage the vehicle sustained in the accident.
Source: ameriprise.com (offline)

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Total loss


A loss of sufficient size that it can be said no value is left. The complete destruction of the property. The term also is used to mean a loss requiring the maximum amount a policy will pay.
Source: dentistsbenefits.com (offline)

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Total loss


The condition of an automobile or other property when damage is so extensive that repair costs would exceed the value of the vehicle or property.
Source: michiganinsurance.com

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Total loss


An accident or event that leaves your car or home unable to be repaired by insurance company standards.
Source: libertymutual.com (offline)

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Total loss


A loss of sufficient size such that there is nothing left of value. The complete destruction of the property. The term is also used to mean a loss requiring the maximum amount a policy will pay. Compa [..]
Source: calstate.edu

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Total loss


1. A loss of sufficient size so that it can be said there is nothing left of value. The complete destruction of the property. 2. A loss requiring the maximum amount a policy will pay.
Source: sharpinsurance.ca (offline)

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Total loss


Loss entailing the payment of the face amount of an insurance contract.
Source: oregonlaws.org

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Total loss


1. The complete destruction of property beyond reasonable repair. 2. Losses that exceed policy limits.
Source: bdma.org.uk

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Total loss


Where the subject matter of an insurance is lost, destroyed or damaged beyond repair.
Source: topsailinsurance.com.au

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Total loss


Complete destruction of insured property.
Source: southcoastins.ca (offline)

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Total loss


The condition of an automobile or other property when damage is so extensive that repair costs would exceed the value of the vehicle or property.
Source: insuranceforarizona.com

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Total loss


Where the subject matter of an insurance is lost, destroyed or damaged beyond repair.
Source: topsailinsurance.com

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Total loss


A loss of sufficient size that it can be said no value is left. The complete destruction of the property. The term also is used to mean a loss requiring the maximum amount a policy will pay. Umbrella [..]
Source: pirainc.org

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Total loss


In insurance, a total loss or write-off is a judgment, by the insurer, that the lost value or repair cost of a damaged property exceeds the value of its policy, resulting in what it concludes is a &qu [..]
Source: en.wikipedia.org

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Total loss


Total loss is a 2000 Dutch drama film directed by Dana Nechushtan.
Source: en.wikipedia.org

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Total loss


Total Loss is the second studio album by American musician How to Dress Well. It was released in September 2012 on Acephale Records in North America and Weird World Records in other regions. The track [..]
Source: en.wikipedia.org





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