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A car is considered totaled when the cost to fix the car exceeds the value of the car. Some states have laws that define a totaled vehicle by specific thresholds. In Alabama, for instance , a car may be totaled when the damage is greater than 75 percent of its value.

A totaled car is a vehicle that cannot be repaired legally, safely or cost-effectively. The term is derived from insurance company terminology that describes damage that cannot be reasonably fixed and forces the insurance company to declare your car a total loss. However, even if the vehicle is declared a total loss,...

What does "totaled" mean? If you've been in an auto accident and your car is totaled (also called total loss), it means your car isn't repairable, or it costs more to repair than what it's worth. What the insurer owes you for your totaled car. The insurer owes you the actual cash value of your totaled car.

A totaled car is a car which is considered to be a total loss after an accident. This usually means that it is damaged to the extent that it is not worth repairing. For example, if the car is worth $10,000 and needs $7000 worth of work, it's not worth it and will generally be labeled as a total loss.

When is a damaged car considered a total loss? Your insurance company may decide your damaged car is a total loss if: It cannot be repaired safely; Repairs would cost more than the car is worth, or; State laws require the company to call it a total loss due to the amount of damage. This can vary from 50 percent of the car's pre-accident value in Iowa to 100 percent in Texas.

by on November 4, 2015. The first step in determining whether a car is totaled (or, in insurance terms, a total loss) is to calculate its actual cash value (ACV) at the time of the loss. The ACV is how much your vehicle is worth after factoring in depreciation.

The criteria for deciding when a car is a total loss and when it can be repaired vary from insurance company to insurance company and might even be dictated and controlled by state statute or ...

A Totaled Car is Determined by State Requirements. Most states consider a vehicle totaled using the guidelines that if a vehicle's damage exceeds 70 or 75% of the actual cash value it is headed for the junkyard. A few states alter those guidelines slightly. For instance, Florida goes with 80% damage before making a vehicle a total loss.

Total repair costs are estimated at $2,000, for a damage ratio of 72%. This car would be considered a total loss in Arkansas, where the TLT is 70%, but not in Florida where the TLT is 80%. In Illinois, the TLF would be used and, if the salvage were worth $700, the car would not be totaled ($2,000 + $700 < $2,800).

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