Sentences with phrase «vehicle in case of a total loss»

Replacement cost insurance covers replacement of a vehicle in case of total loss.

Not exact matches

Insure your outstanding loan balance with GAP coverage in case of a total loss or theft of your vehicle.

Attorneys successfully defended a motion for class certification in connection with case involving an insurer's decision to require that third party claimants obtain their own salvage certificate of title for vehicles appraised to be a total loss as...

In total loss car accident cases, you can rarely buy a car with which you enjoy and have the same level of confidence as the vehicle that was destroyed.

In property damage cases, short of a total loss, no matter how well your car is fixed after an accident, it will never be the same and that will be, in varying degrees, reflected in the future value of your vehiclIn property damage cases, short of a total loss, no matter how well your car is fixed after an accident, it will never be the same and that will be, in varying degrees, reflected in the future value of your vehiclin varying degrees, reflected in the future value of your vehiclin the future value of your vehicle.

In cases where the potential repair costs will exceed the value of the insured vehicle, Bountiful vehicle insurance collision protection will opt for totaling the automobile and write you a check for the loss rather than repair it.

We'll cover the full cost to replace your vehicle with a new vehicle of a similar make and model in the case of a total loss.

Coverage of insured cost for new vehicle in the case where the insured vehicle suffers a Total Loss / Constructive Total loss (CTL) subject to premium pLoss / Constructive Total loss (CTL) subject to premium ploss (CTL) subject to premium paid.

Insured Declared Value (IDV) is the maximum sum assured that is fixed by an insurer and provided as compensation to the policyholder, in case of total loss or theft of the latter's vehicle.

IDV is the amount that is paid out to the vehicle owner, in case of total loss, damage or theft of the vehicle.

In case of an accident or a total loss, insurance providers do not consider the vehicle's market value, they take into account the IDV value of car mentioned while taking the policy.

A total loss in auto insurance is a phrase that is applied to the case when an insured vehicle is so badly damaged that it can not be repaired economically under the terms of the policy.

IDV is the sum of money that is paid to you in case your vehicle is damaged beyond repair (i.e. the case of total loss) or it is stolen.

In case of the total loss of the vehicle, when it can not be used again, you will be duly compensated based on the depreciation value of your vehicle, which is deducted on the basis of the number of years the car has been used.

Your vehicle will either be repaired or the actual cash value of your vehicle will be paid out in the case of a total loss.

One other important thing to note is that in many cases, the protection afforded to policy holders by their personal effects coverage is limited to cases of total theft loss - in other words, situations when a vehicle is stolen and never recovered.