When Does Insurance Company Write Off A Car?

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   Tom Sheehan

   Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482

   This can vary of course, but generally speaking , and insurance company will determine a car to be a "total loss" if the amount of money needed to repair the damage exceeds the value of the car.  A good rule of thumb is that if say the cost to repair your car is in the neighborhood of 70% of the "book value" of that car, it is more likely that the company will total it.  This is because in most cases, all of the possible damage cannot be identified until the car starts being torn down.

   Answered on January 6, 2014

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