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Frequent Contributor
Posts: 94
Registered: ‎01-08-2016

Total Loss

What exactly is total loss?

Frequent Contributor
Posts: 90
Registered: ‎02-08-2016

Re: Total Loss

The extent of damages caused to a vehicle due to accident varies. When the cost of repairing the damage caused to the vehicle exceeds 75% of its IDV as per the policy, the damage is regarded as total loss