When Is A Vehicle Considered Totaled?

When Does An Insurance Carrier Consider A Vehicle Totaled?

Vehicles are considered to be “totaled” when the cost to repair the vehicle is higher than the actual cash value (ACV) of the vehicle. Generally, when the following equation > 100%: cost to repair + salvage value / ACV.

Check Your State Requirement

Will your vehicles be fixed or be a total loss? It all depends on where you live and which insurance companies are you choosing.

Circa 28 states require insurance companies to declare a vehicle a total loss when the cost to repair plus salvage value is between 50%-80% of its ACV. Check your state vehicle total loss thresholds here.

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