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Constructive Total Loss
When the cost of repairs exceeds the actual cash value of damaged property.
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Other users searching for also searched for some of the following glossary words, FAQs and Risk Alerts.
Glossary Words
CLUE
Unit Assessment
Personal Injury Protection
No-Fault Insurance
FAQs
What are the benefits of a renters policy?
What kind of insurance does my business need?
Risk Alerts
Life Insurance for Key Employees
Are there any disasters my property insurance won't cover?
Does Your Business Need Business Interruption Insurance?
Home Inventory Suggestions, Part I
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