Monday, December 3, 2007

Insurance Loss Categories - Quick reference

Here is a quick reference guide to insurers classification on insurance write offs
  • Category A - Must be crushed. All of it.

  • Category B - Vehicle may not be returned to road but parts may be sold.

  • Category C - Repairable. Significant damage. Cost of the repair is more than book value of vehicle at dealer rates.

  • Category D - Repairable. Probably non-structural damage. May have been economic to repair, but insurer doesn't want to.

  • Category X - Repairable. Minor Damage

Please check the other blog items for the details on this

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