Total loss

Total loss,

Definition of Total loss:

  1. 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 state. Some types of insurance policies pay the maximum covered amount only in case of total loss.

Synonyms of Total loss

Bereavement, Bomb, Breakdown, Breaking up, Breakup, Bust, Cataclysm, Catastrophe, Cave, Cave-in, Collapse, Cost, Crack-up, Crash, Damage, Dead loss, Debacle, Debit, Denial, Denudation, Deprivation, Despoilment, Destruction, Detriment, Disaster, Dispossession, Divestment, Dull thud, Expense, Fizzle, Flat failure, Flop, Floperoo, Forfeit, Forfeiture, Frost, Injury, Lemon, Loser, Losing, Losing streak, Loss, Perdition, Privation, Robbery, Ruin, Sacrifice, Shipwreck, Smash, Smashup, Spoliation, Stripping, Taking away, Turkey, Washout, Wrack, Wreck

Meaning of Total loss & Total loss Definition

TOTAL LOSS,

How Do You Define TOTAL LOSS?

  1. You can define TOTAL LOSS as, Condition of car or other property, if damage is so severe that repair costs exceed the value of the vehicle or property

  2. TOTAL LOSS can be defined as, We can say that the loss of a substantial size is not worth much. Complete destruction of property. The term is also used to describe losses that require a maximum payment for the policy.

Literal Meanings of TOTAL LOSS

TOTAL:

Meanings of TOTAL:
  1. Number upwards.

  2. Damage (something, usually a vehicle) that cannot be repaired.

  3. The total amount of something.

  4. Contains a number or quantity.

  5. Absolutely absolute

Sentences of TOTAL
  1. ended with 6,260. Loan

  2. Make a total of 33 points

  3. Total cost 4,000

  4. Total stranger

Synonyms of TOTAL

unalloyed, work out as, absolute, mount up to, unequivocal, consummate, veritable, ultimate, aggregate, number, thoroughgoing, outright, grand total, full, sum, complete, unmitigated, pure, amount to, whole

LOSS:

Sentences of LOSS
  1. Avoid wasting time

Synonyms of LOSS

forgetting, mislaying, misplacement, dropping, overlooking

TOTAL LOSS,

How Do You Define TOTAL LOSS?

  1. Generally, a vehicle is declared in writing when the cost of repairing the vehicle is close to or higher than its original dollar value. Or some states may charge less than that, as if the repair fee is 75% of the current price of the car.

  2. Loss of enough size that we can't say much. Complete destruction of property. The term is also used to describe losses that require a maximum payment for the policy.

  3. TOTAL LOSS definition is: So great a loss that one can say that there is no added value, for example, complete loss of property. The term is also used to describe losses that require a maximum payment for the policy.

  4. Total loss or damage to the total value of the insured property, material or personal loss that forces the company to pay the full cost of the policy Cash or agreed price minus slavery. (Note: The latter is called (see) Total construction losses).

  5. TOTAL LOSS can be defined as, Property that is so damaged that repairs can be expected. If a vehicle cannot be repaired safely, vehicle repair does not make sense economically, or government regulations require us to consider the whole accident.

  6. 1. Damage to the insured in such a way that it is lost, destroyed or completely damaged without economic recovery. 2. Claims as a result of which the entire insurance is paid.

  7. Definition of TOTAL LOSS: Loss of enough size that we can say is not worth more. Complete destruction of property. The term is also used to describe losses that require a maximum payment for the policy.

  8. Explain this insurance review

Literal Meanings of TOTAL LOSS

TOTAL:

Synonyms of TOTAL

combined, come to, all-out, through and through, entire, add up to, prize, deep-dyed, in-depth, equal, unqualified, sheer, overall, integral, destroy, real, gross, limitless, unconditional, rank, utter, comprehensive, make, damage beyond repair, sum total

TOTAL LOSS,

How To Define TOTAL LOSS?

  • Loss of sufficient size to show that there is no value left. Complete destruction of property. The term is also used to describe losses that require a maximum payment for a policy.

  • TOTAL LOSS definition is: When the insurance company thinks the car cannot be repaired or the repair costs are more than the replacement price.

  • Aggregate writing occurs when an asset (such as your home) is so badly damaged that it cannot be repaired financially. In the event of a total loss, the maximum sum insured is usually covered by the insurance policy.

Literal Meanings of TOTAL LOSS

TOTAL:

Synonyms of TOTAL

thorough, composite, positive, infinite, correspond to, unlimited, out-and-out, downright, run to, perfect, unadulterated, dyed-in-the-wool, demolish