Introduction
A total loss occurs when repair costs exceed a car’s market value or the damage is severe enough to affect safety. Knowing how Insurance Companies Determine total loss helps ensure smooth claim processing and prevents unpleasant surprises. BJAK guides car owners through the process, helping them manage expectations and make informed decisions.
Total Loss Criteria
- Repair costs ≥ 70–80% of market value.
- Structural or frame damage is severe.
- High post-repair safety risk.
Evaluation Process
- Adjuster inspection – on-site evaluation of damage.
- Repair cost calculation – compared against market value.
- Decision notification – insurer informs the customer about total loss status.
Smart Tips
- Keep records and photos of the vehicle for claims.
- Provide accurate and complete information to the insurer.
- Use BJAK to compare coverage before filing a claim to understand benefits.
Conclusion
By understanding how Insurance Companies Determine total loss, car owners can prevent unpleasant surprises during claims. BJAK helps users select policies suited to their vehicle’s risk profile, ensuring smoother claim experiences and faster resolution.
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