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Old 06-01-2006, 12:20 PM   #22 (permalink)
MichaelG
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Join Date: Aug 2005
Location: In my chair
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Quote:
Originally Posted by Pintman
I think you have it backwards. If the cost to repair exceeds the actual cash value, it's a total loss. If it costs $5K to fix a car worth $8K, no total.
I think it 80% is enough for the insurance to declare it totaled, my math maybe wrong (Spooky will correct) But I do not believe it has to be more.
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