Top Total Loss Valuation Solution companies for 2017 | Bizofit Innovation Platform

Top Total Loss Valuation Solution Companies


Total Loss Valuation Solution:

In insurance, a total loss or write-off is a judgment, by the insurer, that the lost value or repair cost of a damaged property exceeds the value of its policy, resulting in what it concludes is a "total loss" or "constructive total loss" A constructive total loss factors other incidental expenses beyond repair, such as salvage. Policies covering homes, vehicles and other non-investment assets subject to depreciation typically pay the insured only a fraction of the cost of replacing the property, meaning they could become "total losses" even though some value remains. About one in seven car accident claims results in a "total". Totaled properties are usually demolished or torn down, scrapped, or recycled for parts after their policies are settled.
 
Claim This Listing
Close
Login
Mitchell International

Shortlisted Service Providers that would be asked to submit Proposals/ Quotes

x
CHART Close