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  • News From Press How can total loss categories spoil your damaged car’s insurance

    How can total loss categories spoil your damaged car’s insurance

    Source: Financial Express Aug 28, 2018

    Total loss is a term common in the automotive industry when a car is deemed unsafe to be driven on roads or safe to drive but beyond economical repair. In case your car is reckoned to be unsafe, then you will receive the amount for the loss rather than getting the repair done. However, when the repair is uneconomical, it will be calculated on a repair to ratio basis, which varies according to different insurance companies and cars.

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