It's reasonable to conclude that you might be able to make a claim to your gap coverage in cases of a blown engine or other total breakdown, especially if a repair costs more than your car's ... For ...
In insurance parlance, a car that can’t be repaired or is more expensive to repair than its insured value, is called ‘total loss'. In fact Policy Bazaar, says that generally, total loss is ...
An insurance company will typically declare that a vehicle is a total loss if the cost of repairing the car would equal or exceed what the car is worth. Say, for example, a vehicle that's worth ...