When Will An Insurance Company Total A Car?
- 95 POINTSview profileDiana PerezOwner, Perez Insurance Pros, Marietta GAAn insurance carrier will deem a claim a total loss when the vehicle os inoperable because of damages caused by a covered loss on your policy. Has the claim been adjisted? Once they determine the loss is a total loss they will make payment and usually require possesion of the vehicle. If we can answer any other questions from you, please call our office. www.perezinsuranceprofessionals.comAnswered on November 23, 2013flag this answer
- 1805 POINTSview profileSamuel SmithEnrolled Agent-licensed to practice before the IRS, Samuel N Smith, EA, South CarolinaMost states have a requirement that if the damages exceed a percentage(usually 70% to 80%) the car must be totalled. I have never heard of a car being repaired "because of low mileage". At what point is the chasis bent and just because a car has low mileage has no bearing on how the car will perform if it is repaired. If the chasis is bent it is to your best interest that love affair ends because the cost of trying to keep tires on a car with abent chasis will keep you in a losing propositionAnswered on November 23, 2013flag this answer
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