Under M.S.A. § 168A.151(b)(c)(3) in Minnesota, the state requires that a late model vehicle (one newer than 6 years old) or a high value vehicle (one priced over $5,000) must be declared a total ...

A vehicle is considered a total loss after it caught on fire, causing all southbound lanes in the area of Cottage Grove Road ...

As it currently stands, just over half of U.S. states define the threshold for a total loss as below the car's ACV, some even setting it as low as 60%. In practice, ...

Your car may be considered a total loss, or “totaled,” when the cost of repairing damage is greater than a percentage of its actual cash value (ACV).

Even if your client’s vehicle is a total write-off, they still may be able to keep it, Mitch Insurance claims specialist Jesica Ryzynski tells Canadian Underwriter. Through an option known as an ...

Vehicle theft: Between 2:55 a.m. and 5:45 a.m., someone stole a vehicle parked in the 12000 block of Cambridge Drive for a total loss valued at approximately $80,000.

How much hail will total a car in Oklahoma? Hail of any size can damage a car, but according to Kelley Blue Book , driving through a storm with pea-size hailstones could cause minor damage.

In most total loss situations, the insurer retains control of the vehicle and usually partners with a salvage yard, which purchases the salvage. The salvage yard then decides what happens to the ...