toplam kayıp

listen to the pronunciation of toplam kayıp
Turkish - English
total loss
An insured item of which the entire value is written off
(Kanun) A loss arising from damage to property that is so substantial as to make the property valueless to an insured
The insurance company decides it is uneconomical to repair your car following an accident, theft, or when your car is stolen and recovered and either it is impossible to repair; it isn't safe to repair; it is not economical to repair your car
= A loss of sufficient size so that it can be said there is nothing left of value The complete destruction of the property The term is also used to mean a loss requiring the maximum amount a policy will pay
An insurance company declares a vehicle a total loss when a claim exceeds the full value of the vehicle Insurance companies typically take possession and obtain the title of such vehicles CARFAX receives Canadian total loss information from the Insurance Bureau of Canada A Canadian vehicle declared a total loss often requires a technical inspection before it can return to the road
It's imprudent to repair a vehicle if the total cost of repair exceeds the value of the repaired vehicle Factored into the decision to total a vehicle are the anticipated cost of repairs, rental charges, if applicable, and salvage value If you vehicle is 'totalled,' the insurance company is, in effect, buying your vehicle from you Negotiation over the purchase price is completely appropriate
A vehicle or piece of property that is not economical to repair The cost of repairs exceeds the market value or replacement cost depending on how the policy is written
Loss of all the insured property Also a loss involving the maximum amount for which a policy is liable top
When cost of repairs to a damaged property is more than the property is worth
total damage, complete disaster, went out of use, not able to be fixed
Damage to a vehicle beyond the cost of its repair Ex The vehicle's repair estimate is for $15,000 and the value of the vehicle is $10,000 The vehicle would be more expensive to repair and is therefore considered a total loss
Loss of all the insured property Also a loss involving the maximum amount for which a policy is liable
(Perte totale) A claim for the whole amount covered by the insurance
Loss to the insured of the entire value of goods or other property insured, or a loss entailing the payment of the full face amount of an insurance contract
This can be actual total loss or constructive total loss
- A loss of sufficient size so that it can be said there is nothing left of value The complete destruction of the property The term is also used to mean a loss requiring the maximum amount a policy will pay
Damage or destruction to real or personal property to such extent that it cannot be rebuilt or repaired to its condition prior to the loss or when it would be cost prohibitive to repair or rebuild in comparison to the value of the property prior to the loss
A loss of sufficient size so that it can be said there is nothing left of value The complete destruction of the property The term is also used to mean a loss requiring the maximum amount a policy will pay (G)
Cost of damage repair exceeds the value of the property
toplam kayıp
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