Actual Total Loss

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Actual Total Loss

The total amount that an insurance company pays to a policyholder when an insured item is completely destroyed, damaged beyond use, or disappears without explanation. It is also called total loss.
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This development complements the existing features of IAA Total Loss Solutions, which serve to further exhibit IAAs dedication towards being the leading industry expert providing a seamless suite of technologies that increases the effectiveness of the total loss claims process.
Average days from first notice of loss (FNOL) to total loss determination
Insurance companies' approved garages will normally not provide a courtesy car if your vehicle is declared a total loss.
Legislators knew that when a vehicle is a total loss, consumers often need to replace the wrecked vehicle quickly.
The total loss provision of the VPL that has sparked so much debate provides: "In the event of the total loss of any building .
For the first nine months of this year, Ziff Davis had a total loss of $88.
In 2003, based on the gross domestic product, the total loss due to occupational fraud can be estimated at $660 billion.
But at least the West's Cody Cipriano of Westlake High won the pregame home run contest, so the day wasn't a total loss.
3 billion,, PT Marga Bumi Matra Raya (MBMR), the operator of the Surabaya-Gresik toll road reporting total loss of Rp 393.
Direct car insurer Admiral issued that warning this week following research that showed most people are unaware that there are thousands of cars on British roads that have previously been declared a total loss.
Basically this clause stipulates that if the client does not insure their building and equipment to proper replacement or actual cash value limits, the client will have to pay for part of the loss regardless if the loss is a partial or total loss.
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