Totalschaden constructive total loss
| Creator: | |
| Language pair: | German to English |
| Definition / notes: | Constructive Total Loss Loss or damage of sufficient degree to make the cost of repairing the damaged property more than the property is worth. For example, an old automobile might suffer damage which could be repaired. but the cost of repairs would be more than the actual cash value of the automobile. |
| URL: | http://www.asiainsurance.com.sg/aic/asiagrp/html/insurance_glossary.cfm |
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