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total loss

A term used to refer to a claim for a loss equal to the maximum benefit the policy will pay. More often, this term is used to refer to a loss in which the property is completely destroyed, to the point where nothing of value can be salvaged.

Related information about total loss:
  1. Total loss - Wikipedia, the free encyclopedia
    In motor insurance, a total loss is a situation in which a vehicle is damaged and the cost of repair and salvage would exceed the vehicle's market value.
     
  2. Total Loss
    Progressive Insurance provides need-to-know info about total losses, repair estimates and salvage title requirements.
     
  3. A Total Loss? - Edmunds.com
    Oct 17, 2000 ... Tips for handling a serious Car Accident, including the process of filing a claim with your Auto Insurance Company, renting a vehicle, and ...
     
  4. GEICO | Learn about the Total Loss Process
    Learn about the conditions when cars are considered a total loss when filing an auto accident claim with GEICO.
     
  5. Vehicle Total Loss: Insurance Tips - Oregon Insurance Division
    If your vehicle is damaged, the insurance company may declare it a total loss. Usually ... a written notice that explains total loss, including how vehicle values are ...
     
  6. How to Dress Well: Total Loss | Album Reviews | Pitchfork
    Sep 20, 2012 ... Tom Krell's intimate second How to Dress Well album uses the common tools of R&B and pop expression-- four-minute songs, autobiography, ...
     
  7. What is total loss? definition and meaning
    Definition of total loss: Destruction of an asset or property to the extent that nothing of value is left, and the item cannot be repaired or rebuilt to its pre- destruction ...
     
  8. How to Negotiate a Total Loss Insurance Claim | eHow.com
    How to Negotiate a Total Loss Insurance Claim. When your car has been totaled, you need to agree with your insurance company on what your old totaled car is ...