Determine whether a vehicle or property qualifies as a total loss based on the total loss threshold ratio: repair cost / actual cash value (ACV). Most US states and UK insurers declare a total loss when repair cost exceeds 60–80% of ACV.
⚖ For informational purposes only. Not legal advice. Consult a licensed attorney for your specific situation.
Enter the values for the scenario you are assessing. Determine whether a vehicle or property qualifies as a total loss based on the total loss threshold ratio: repair cost / actual cash value (ACV). Most US states and UK insurers declare a total loss when repair cost exceeds 60–80% of ACV. Use the total loss threshold result to inform your calculation.