Insurance Total Loss definition
Insurance Total Loss means the Vehicle has been categorised by an insurer as any of a Category A (scrap metal only), Category B (break for spare parts only), Category C (repairable vehicle where repair costs exceeded the Vehicle’s pre-accident value), Category D (repairable vehicle where repair costs are significant compared to the vehicle’s pre-accident value), and Category F (fire damage) write off;
Examples of Insurance Total Loss in a sentence
If the vehicle is a total loss see Procedure 426, Insurance Total Loss, for proper handling.