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What happens when a car is written off? – Total Loss & Write-Off Vehicles
When a vehicle is involved in an incident, and sustains damage, it could be deemed ‘beyond economical repair’ by its insurer.
Vehicles given this status are often colloquially referred to as ‘write-off’ or ‘total loss’ vehicles.
Here we discuss what happens when a vehicle is deemed beyond safe or economical repair, and consequently ‘written off’ by its insurer.
What does it mean when a vehicle is ‘written off’?
Insurers write off a vehicle when it cannot be repaired to roadworthy condition, either because the damage is too severe, or the cost would outweigh what the vehicle is worth.
When a vehicle is written off, the insurer will usually pay out a sum in the region of it’s estimated value, and the vehicle will be sent for disposal, salvage, or sale.
Are older vehicles more likely to be written off?
Older vehicles have a higher chance of being written off post-incident due to their lower market value.
This is because some repairs may be deemed uneconomical if their cost exceeds
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